Dhiraagu Reports MVR 2.8 Billion Revenue, Shareholders Back Dividend Payout
Dhiraagu’s latest shareholder meeting points to a year of measured financial growth alongside continued investment…
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News
Japan Supports Maldives Disaster Preparedness with New Equipment
Disaster preparedness capacity in the Maldives is set to improve following the delivery of new…
Allied Launches “Share the Run” Giveaway
Allied Insurance has introduced a social media campaign aimed at building engagement ahead of the…
Maldives Secures Interest-Free Financing from China for 500 Housing Units in Malé
Efforts to address housing demand in the capital are set to receive external financing support,…
Edelweiss Expands Maldives Flights with Additional Summer Services
Seasonal demand from European travellers is prompting an increase in air connectivity between Switzerland and…
Cruise Arrivals to Maldives Surge 178% as Sea Travel Gains Share
Cruise tourism to the Maldives has expanded sharply in early 2026, even as overall visitor…
Fiscal Surplus Persists as Revenue Growth Outpaces Spending in Early 2026
Government finances remained in surplus through mid-April, supported by strong tax collections, though underlying spending…
Minister Signals Review of Taxi Loan Scheme as Repayment Pressure Mounts
Concerns over the viability of the “Taxi Nafa” loan scheme have intensified as borrowers continue…
Talks with China Focus on Expanding Fish Exports and Leveraging Free Trade Agreement
Efforts to deepen trade ties between the Maldives and China are increasingly centred on using…
Maldives Draws USD 319 Million from India Under Revised SAARC Swap Framework
India has extended fresh financial support to the Maldives through a new drawdown under its…
Maldives Simplifies Tourist Visa Extension Process Amid Travel Disruptions
The Maldives has streamlined its tourist visa extension process, reducing approval times and documentation requirements…
BML Launches Home Financing Scheme Targeting Tourism Sector Employees
Bank of Maldives has introduced a new home financing facility aimed at employees in the…
STO Reports Strong Revenue Growth Amid Rising Costs and Market Pressures in Q1 2026
State Trading Organization (STO) delivered higher revenues and profits in the first quarter of 2026,…
Maldives Promotes Fisheries Sector at Global Seafood Marketplace in Barcelona
The Maldives has used an international industry platform in Barcelona to position its fisheries sector…
Maldivian Expands Global Reach Through Partnership with Sri Lankan Airlines
Maldivian has moved to widen its international connectivity through a new partnership with Sri Lankan…
Hussain Shafeeq Named CEO, Managing Director of Maldives Ports Limited
Hussain Shafeeq has been appointed as Chief Executive Officer and Managing Director of Maldives Ports…
Dhiraagu to Conclude Speedboat Promotion with Final Draw in June
Dhiraagu is set to conclude its ongoing customer promotion with the announcement of the second…
Industry Briefing Assesses Impact of Middle East Air Route Disruptions
Tourism stakeholders are coordinating short-term responses to ongoing air corridor disruptions linked to instability in…
Maldives Highlights Inclusive Development Agenda at UNESCAP Session in Bangkok
The Maldives has positioned inclusive and age-responsive development as a central policy priority at the…
Lawmakers Support Marine Protection Measures While Raising Oversight Concerns
Parliament has moved a step closer to reshaping how the Maldives manages its marine resources,…
Gov’t Expands Subsidised Fuel Access for Fishing Vessels Amid Rising Costs
Fishing vessels operating in the Maldives will be able to purchase fuel at subsidised rates…
Flynas Set to Launch Riyadh–Maldives Route Next Month
Saudi Arabia’s low-cost carrier Flynas is set to begin flights to the Maldives next month,…
Maldives, India Move to Formalise Private Sector Engagement Through New Business Council
Efforts to deepen trade and investment ties between the Maldives and India are set to…
BML Reports Strong Q1 2026 Results Amid Rising Foreign Currency Pressures
Bank of Maldives has reported a strong financial performance for the first quarter of 2026,…