ADFD Provides Additional USD 40 Million for Velana International Airport Development
The Abu Dhabi Fund for Development has extended a USD 40 million (MVR 616 million) loan to the Maldives to support the...
Maldives Reflects on 2004 Tsunami: Rebuilding and Preparing for the Future
On 26 December 2004, the Indian Ocean tsunami, triggered by a massive undersea earthquake near Sumatra, swept across multiple countries, leaving devastation...
Police Seize Electronic Devices in Expanding HDC Land Scandal Inquiry
The Housing Development Corporation (HDC) land allocation scandal has taken new turns as investigations by the Maldives Police Service and the Anti-Corruption...
Maldives Inflation Rises to 1.3% in Q3 2024 as Electricity and Food Costs Increase
The Maldives saw its annual inflation rate accelerate to 1.3% during the third quarter of 2024, compared to just 0.3% in the...
Trans Maldivian Airways Transfers Over 5,500 Passengers in a Single Day
Trans Maldivian Airways (TMA) has marked the festive season with an impressive achievement, transferring over 5,500 passengers in a single day. This...
Ooredoo Maldives Unveils Exclusive New Year Offers
Ooredoo Maldives has launched a range of special offers to celebrate the arrival of 2025, providing customers with enhanced data plans and...
Government Ensures Timely Payments to Fishermen
The Maldives government has made progress in ensuring timely payments to local fishermen. Upon taking office in November 2023, the administration inherited...
Maldives Immigration Detains 31 Undocumented Workers in Latest Raids
Maldives Immigration has detained 31 individuals in a series of coordinated operations targeting areas with high concentrations of undocumented workers in Malé...
Maldives Endorses Comprehensive Disaster Risk Reduction Strategy
The National Disaster Management Council, chaired by President Dr Mohamed Muizzu, has approved the ‘Maldives Disaster Risk Reduction Strategy 2024-2030’, marking a...
Dhiraagu Announces Exciting New Year Offers to Celebrate 2025
Dhiraagu has rolled out a series of special offers to welcome 2025, designed to enhance customers’ digital experiences during the festive season....
Robust Growth in Loans and Capital Strengthens Maldivian Banks
The Maldivian banking sector demonstrated notable resilience in the third quarter of 2024, maintaining strong capital adequacy and profitability ratios despite challenges...
Ooredoo Maldives’ Cycle Libey Promotion Nears Its Conclusion
Ooredoo Maldives has announced the final stretch of its highly anticipated “Win a Motorcycle Every 3 Days” promotion under the 5G Libey...
Tourism Ministry Distances Itself from State Minister’s Controversial Remarks
The Ministry of Tourism has announced the suspension of State Minister Mohamed Nihad following contentious comments made during a People’s National Congress...
Efforts Underway to Redesign Kadhdhoo Airport Expansion Amid Challenges
Efforts to upgrade Kadhdhoo Airport in Laamu Atoll are progressing as authorities work to address design challenges and secure funding, according to...
HDC Board Members Reinstated Amid Ongoing Investigation
The Privatisation and Corporatisation Board (PCB) has lifted the suspension of Housing Development Corporation (HDC) board members who were under investigation for...
Maldives Explores Collaborative Opportunities with China in Mariculture and Fisheries
The Maldives is advancing its efforts to develop its fisheries, mariculture, and blue economy sectors through strategic collaborations with international partners. The...
MPL Wins Two Honours at South Asian Business Excellence Awards 2024
Maldives Ports Limited (MPL) has been recognised for its innovative initiatives, winning two prestigious awards at the South Asian Business Excellence Awards...
Maldives Expected to Hit 2 Million Tourist Arrivals by Thursday, Says Minister Faisal
Tourism Minister Ibrahim Faisal has announced that the Maldives is on course to welcome its 2 millionth tourist of the year by...
Rtd Major Mohamed Najah Appointed Managing Director of FENAKA
The state-owned utility provider FENAKA Corporation has appointed retired Major Mohamed Najah as its new Managing Director. The announcement was made by...
Russia Appoints First Consul General to the Maldives
Aleksei M. Idamkin has officially assumed his position as the first Consul General of the Russian Federation to the Maldives. The historic...
Maldives-China Free Trade Agreement Set to Reshape Bilateral Trade Dynamics
The Maldives-China Free Trade Agreement (FTA), signed in December 2017, is set to become effective on January 1, 2025. The agreement, which...
Fenaka Managing Director Steps Down Amid Financial Challenges
Muaz Mohamed Rasheed has resigned from his role as Managing Director of Fenaka Corporation, citing insurmountable financial and operational difficulties. The resignation...
Maldivian Expands to China and Eyes European Destinations
Maldivian, the national carrier of the Maldives, is set to expand its global reach by launching direct flights to three key cities...
Dhiraagu Concludes Extraordinary General Meeting, Approves Key Resolutions
Dhiraagu has successfully concluded its Extraordinary General Meeting (EGM), held online through the Fahivote platform, a system managed by the Maldives Securities...
LATEST ARTICLES
Maldives’ January Imports at MVR 5.2 Billion, Exports Reach MVR 144 Million
The Maldives recorded imports worth MVR 5.2 billion in January 2025, with fuel accounting for MVR 728 million of the total, according...
Maldives Q4 2024 PPI: Tourism and Construction Surge, Utilities Decline
The Maldives Bureau of Statistics has released the Producer Price Index (PPI) for the fourth quarter of 2024, revealing varied trends across...
New Animal Protection Bill Proposes Fines Up to MVR 1 Million
The government has submitted the Animal Care and Protection Bill to Parliament, proposing a legal framework for the care, husbandry, and trade...
Parliament Approves Non-Resident Ambassadors to Russia and Morocco
The Parliament has unanimously approved President Dr Mohamed Muizzu’s nominations for non-resident ambassadors to Russia and Morocco. The appointments were confirmed in...
Tobacco Imports Subject to Duty Under China-Maldives FTA, Confirms Minister
Economic Minister Mohamed Saeed has confirmed that tobacco products and cigarettes will not be exempt from import duties under the Free Trade...
