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...

Questions Emerge Over Ignored Warning Letter in HDC Scandal

The ongoing Housing Development Corporation (HDC) scandal has taken a dramatic turn with revelations about a seven-page letter detailing corruption allegations that...

PGO Requests ACC to Investigate Settlement Payments by Former Administration

The Prosecutor General’s Office (PGO) has formally requested the Anti-Corruption Commission (ACC) to conduct an investigation into compensation payments made to private...

The Final Stretch: Will Maldives Shatter Its Tourism Target?

The Maldives remains steadfast in its quest to achieve the milestone of 2 million tourist arrivals by the end of 2024. As...

Maldivian Introduces Additional Flight to Hanimaadhoo Amid Peak Season

Maldivian, the national carrier of the Maldives, has announced an additional flight to Hanimaadhoo, enhancing its domestic connectivity during the peak travel...

Green Fund Allocates MVR 57.6 Million for Coastal Protection Projects in September 2024

The Maldives Ministry of Finance has released its Green Fund Report for September 2024, providing an in-depth look at the nation’s environmental...

Mauroof Jameel Takes Helm at HDC as Corruption Allegations Rock Corporation

The government has appointed Mohamed Mauroof Jameel as the new Managing Director of the Housing Development Corporation (HDC). The announcement, made on...

Former Finance Minister Dr Mohamed Shafeeq Appointed to HDFC Board

Dr Mohamed Shafeeq, former finance minister of the Maldives, has been appointed to the Board of Directors of the Housing Development Finance...

Maldives Records MVR 12.26 Billion Deficit

The Maldives Ministry of Finance has released its latest Weekly Fiscal Developments report, revealing a continuing fiscal deficit as of 12 December...

MPL Signs Agreement to Develop Dockyard in Ihavandhoo

Maldives Ports Limited (MPL) has partnered with the Ihavandhoo Island Council to establish a dockyard in Haa Alifu Atoll, marking a significant...

Emerging Trends in Maldives’ Tourism Industry for 2025

The Maldives remains one of the most sought-after destinations globally, celebrated for its unparalleled natural beauty, luxury resorts, and vibrant marine life....

Ooredoo Fun Run Hulhumale’ Concludes with Over 6,500 Participants

The Ooredoo Fun Run, widely recognised as the "Happiest 5K in the Maldives," concluded with great success on 20 December 2024 in...

Maldivian Introduces Additional Flights to Key Domestic Destinations

Maldivian, the national carrier of the Maldives, has announced additional flights to Thimarafushi, Kulhudhuffushi, and Funadhoo, enhancing connectivity across key domestic destinations...

MIRA Launches Updated User Guide for MIRAconnect Platform

The Maldives Inland Revenue Authority (MIRA) has released a new version of its MIRAconnect User Guide (Version 24.1), designed to enhance the...

Attorney General Declares Nine Settlement Agreements Void Ab Initio

The Attorney General’s Office has declared that nine settlement agreements signed by the previous government’s Settlement Committee, amounting to over MVR 1...

Ooredoo Fun Run 2024: Win Return Tickets to Colombo with FitsAir

Ooredoo Maldives, in partnership with FitsAir, has announced an exclusive giveaway for participants of the highly anticipated Ooredoo Fun Run 2024. Two...

MACL Hosts Stakeholder Event to Strengthen Aviation and Tourism Collaboration

Maldives Airports Company Limited (MACL) hosted a high-profile stakeholder event, bringing together leaders from the aviation, tourism, and maritime sectors. The event...

MIRA Urges Tourism Sector to Prepare for GST Rate Change in July 2025

The Maldives Inland Revenue Authority (MIRA) has announced an increase in the Tourism Goods and Services Tax (TGST) rate from 16% to...

LATEST ARTICLES

Tourism Growth Strategy: Maldives Sets Ambitious 15% Target for 2025

The Maldives has set an ambitious target to increase tourist arrivals by 15% in 2025, focusing on boosting occupancy rates and leveraging...

Maldives Sees 14% Rise in Jet Fuel Sales as Aviation Growth Continues

Jet fuel sales in the Maldives saw a notable increase in the third quarter of this year, with revenue rising by 14%...

URA Begins Issuing Permanent Licences for Public Utility Services

The Utility Regulation Authority (URA) has commenced the issuance of permanent licences to operate public utility services in the Maldives, marking the...

Dhiraagu Unveils 2025 Calendar: ‘Minivankan Mathee Abadhah’

Dhiraagu has unveiled the company’s 2025 calendar, ‘Minivankan Mathee Abadhah’, on National Unity Day.  The new year’s calendar was...

Maldives Trade Struggles as Fish Exports and Fuel Imports Plummet

Revenue from import-export activities in the Maldives reached approximately USD 16.1 million in November 2024, according to the Maldives Customs Service (MCS).
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