Maldives Guesthouse Industry to Lose Nearly USD 30 Million in Revenue

Guesthouse Association of Maldives (GAM) has revealed that according to the survey carried out to identify the impact of COVID-19, the Maldives...

Ooredoo Maldives launches Crazy Race

Ooredoo Maldives has launched an exciting SMS based competition called “Crazy Race”, with fantastic prizes. This fast-paced SMS quiz...

Peter Gremes Appointed General Manager at Reethi Faru Resort

Reethi Faru Resort has announced the appointment of Peter Gremes as general manager of the resort. Peter Gremes is...

President Meets Himmafushi Island Council, Discusses Developmental Requirements

President Ibrahim Mohamed Solih on Sunday met with members of the Island Council of Himmafushi Island in the Kaafu Atoll. At the...

Emirates Group Announces First Year of Loss in Over 30 Years

The Emirates Group has announced its first year of loss in over 30 years caused by a significant drop in revenue, fully...

President’s Housing Loan Initiative: Will Low-Interest Rates Hold Up?

To address the housing crisis, President Dr Mohamed Muizzu unveiled a new housing loan policy during his Independence Day speech last month....

Feel Investment introduces mobile application to advertise Maldives tourism

Feel Investment introduces mobile application, Feel Maldives to advertise the tourism industry of Maldives. In an interview given to local news, CEO of Feel Investments,...

India grants financial support to Fiyavathi in Hulhumale’

The Government of India has granted MVR 1,998,206 to the Government of Maldives to refurbish Fiyavathi in Hulhumalé.

President Concludes Trip to Glasgow to Attend COP26

H.E President Ibrahim Mohamed Solih has concluded his trip to Glasgow, Scotland to attend the 2021 United Nations Climate Change Conference of...

MPL Prepares for Ramadan with Brand New Vehicles

With the aid of brand-new vehicles, Maldives Ports Limited (MPL) has made arrangements to efficiently discharge cargo during Ramadan.

Bank of Maldives opens new dedicated US Dollar ATM Centre

Bank of Maldives has today opened its dedicated US Dollar ATM Centre at a convenient location near Artificial Beach in Male’. The new facility...

Al Shaali Unveils the AS50 Luxury Yacht, Designed for Superior Comfort

Al Shaali Marine Maldives has introduced the AS50 Luxury Yacht, crafted for superior comfort in a sleek, modern design.

Payments for STO flats halted for the time being

The collection of payment for the flats under construction as part of “Hiyaa” project have been paused for the time being. The announcement was...

MIB to Sell 31% of Company Shares

The Maldives Islamic Bank (MIB) has decided to sell shares at a rate of MVR 35 starting July 28 until September 18....

Air France begins direct flights to the Maldives

Air France has begun its direct flights to the Maldives on Thursday- 2nd of November 2017. The maiden Air France flight AF 222 departed Paris...

Facebook Incurs USD 200 Billion Loss Overnight; Biggest US Stock Market Drop in History

Meta Platforms Inc., the parent company of Facebook, has taken a 26% plunge in the stock market, as investors reacted to its forecast...

Frauds in Money Transactions and Dollar Exchanges Increase

Maldives Police Service has stated that there has been an increased number of frauds in numerous money transactions and dollar exchanges.

What Does Post-Pandemic Outbound Travel Look Like for the Maldives?

A large number of Maldivians travel out of the country every year. However, due to the pandemic, we have witnessed a significant...

GAM Expresses Concern Over Delay in Reopening of Guesthouses

Guesthouse Association of the Maldives (GAM) has expressed the associations' concern regarding the delay in the reopening of guesthouses.

MIRA Eases Tax Installments Policies Amid COVID-19

Maldives Inland Revenue Authority (MIRA) has announced several eases to policies to accommodate tax installments. In a press...

M. Veyvah Harbour Project 88% Complete: MTCC

Maldives Transport and Contracting Company (MTCC) has announced that the work on the design and build of M. Veyvah Harbour is well...

Maldives Liveaboards, Safaris Now Offer In-Vessel PCR Testing

National Boating Association of Maldives (NBAM) has introduced a mechanism that now allows PCR samples to be taken from Liveaboard guests without...

COVID-19 Related Govt Spending Reaches MVR 3.8 Billion!

The latest COVID-19 weekly spending report released by the Ministry of Finance shows that pandemic-related government expenditure has reached MVR 3.8 billion...

GAGE Celebrates 14th Anniversary: A Beacon of Excellence in Security and Fire Safety

Yesterday marked the 14th anniversary of GAGE, the premier provider of security, safety, and fire safety services in the Maldives. Since its...

LATEST ARTICLES

Report: New Housing Loan Scheme, Ambitious Vision or Economic Gamble?

The Maldivian government's recent launch of the 'Hiyaavahi' finance scheme has been hailed by many as a significant step towards addressing the...

Dhiraagu Supports Kulhudhuffushi Knowledge Centre with Digital and Educational Contributions

Dhiraagu has extended its support to the newly established Knowledge Centre in Kulhudhuffushi City, an initiative launched by the Kulhudhuffushi City Council...

Foreign Minister Praises Indian High Commissioner for Strengthening Bilateral Ties

The High Commissioner of India to the Maldives, Mr. Munu Mahawar, paid a farewell call on the Minister of Foreign Affairs, Dr....

Seaplane Services to Take Off at Hanimaadhoo International Airport, Says MACL

Maldives Airports Company Limited (MACL) has unveiled plans to introduce seaplane services at Hanimaadhoo International Airport as part of efforts to diversify...

Gov’t Plans to Double Travel Allowance by Early 2026

President Dr Mohamed Muizzu has commented on proposed measures to improve dollar circulation in the Maldives' banking system, including mandatory exchange requirements...
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