President Muizzu Appoints New Members to PCB

President Dr. Mohamed Muizzu has appointed Hassan Mughnee and Hamdhy Ageel to the Privatization and Corporatization Board. The appointments were made under...

Medtech Distributes MVR 2 Million in Debut Sukuk Payout

Medtech Diagnostics Pvt Ltd has announced that the company successfully distributed the first periodic payment of MVR 2 million to its sukuk...

Laamu Atoll Announced as Next Destination for Ooredoo Fun Run 2024

During the recent inauguration ceremony of Ooredoo Fun Run 2023 in Hulhumale’, an exciting announcement was made by His Excellency Uz. Hussain...

India’s Exim Bank Commits USD 1.4 Billion to Maldives Over Five Years

Maldives has accumulated borrowings amounting to USD 1.4 billion (MVR 22 billion) from the Export-Import Bank of India (Exim Bank) over the...

Ooredoo Offers the Chance to Win an Umrah Trip with Atholhu Dhuvun

Ooredoo Maldives has launched a thrilling competition offering a chance to win an Umrah trip for two. The competition is centered on...

Maldives to Participate in the Ongoing Expo 2020 Dubai

The Maldives will be participating in the Expo 2020 that will be held in Dubai from 1st October 2021 onwards.

Imports During Previous Month Grow by 90% Compared to Same Period Last Year

Maldives Customs has published its monthly statistics for September 2021, detailing Maldives' imports and exports statistics for the month.

MMPRC Launches “Experiences Live from Maldives” Social Media Series

Maldives Marketing and Public Relations Corporation (MMPRC / Visit Maldives) has launched a special social media series bringing live experiences from the...

New Ambassador of Maldives to Nepal Presents Credentials to the President of Nepal

The new Non-Resident Ambassador of Maldives to Nepal, His Excellency Dr. Hussain Niyaaz, presented his Letter of Credence to Her Excellency Mrs...

President Solih Meets with Island Council and WDC Members of N. Holhudhoo

President Ibrahim Mohamed Solih on Saturday visited Holhudhoo Island in the South Miladhunmadulu Atoll and met with the Island Council and Women’s...

Bank of Maldives Launches BML Fehi Project

Bank of Maldives has introduced the ‘BML Fehi Project’ to plant 50,000 trees annually across the country. The project, which will run...

Mohamed Shaaheen Leads the Way in Sustainable Engineering at Fairmont Maldives Sirru Fen Fushi

Fairmont Maldives Sirru Fen Fushi is continually working to not only ensure long-term sustainability, but to also honor the global team’s pledge...

President Ratifies 11th Amendment to the Tourism Act

President Ibrahim Mohamed Solih on Sunday ratified the 11th amendment to the Maldives Tourism Act (Act No. 2/99). Parliament passed the amendment...

Dusit Thani Maldives Appoints Jacques Leizerovici as the New General Manager

Dusit Thani Maldives has appointed Mr Jacques Leizerovici as its new General Manager, effective 30 August 2022. Mr...

Media Council and BML Jointly Carry Out Financial Journalism Workshop

Maldives Media Council and Bank of Maldives have jointly held a Financial Journalism Workshop. The workshop was held yesterday at the Manhattan...

President and First Lady Conclude Official Visit to M. Kolhufushi to Mark Unity Day

President Ibrahim Mohamed Solih and First Lady Fazna Ahmed concluded their official visit to Kolhufushi Island in Meemu Atoll on Monday evening...

Maldives Allows Resort Share Transfer Without Prior Approval

The Maldives government has significantly changed the regulations governing the transfer of shares by resort owners and operators. On 12th February 2022,...

MTCC Awarded Development Projects in 4 Islands

Maldives Transport and Contracting Company (MTCC) has been awarded contracts by the Ministry of National Planning, Housing and Infrastructure to undertake infrastructure...

Rising Subsidy Costs Deplete Annual Budget in Record Time

The government of Maldives is facing a significant challenge as rising subsidy expenses have nearly exhausted the allocated budget of MVR 2.3...

Urbanco’s “Duniye Magey – Saafu Hulhumale” Event Becomes a Huge Success

Urbanco successfully concluded its highly anticipated "Duniye Magey – Saafu Hulhumale" event which aimed to clean Hulhumale' in celebration of World Environment...

The Role of Art and Design in Driving MSME Innovation

In Maldives, innovation stands as the bedrock of success, regardless of a company's size. Micro, Small, and Medium Enterprises (MSMEs) are the...

Japanese Gov’t and Fuvahmulah City Council Sign Grant Contract for Composting Machine

The Grant Contract for “The Project for Provision of  Composting Machine to Fuvahmulah Island, Gnaviyani Atoll” under Japan’s Grant Assistance for Grass-Roots Human...

Ooredoo Fun Run 2023: Reopens for Entries

Due to popular demand, limited slots have been made available, and over 5000 participants are already expected to join in the festivities...

Maldives Faces Health System Collapse Without Lifestyle Changes, Warns Ministry of Health

The Ministry of Health has issued a stark warning that the Maldivian health system may face collapse unless significant lifestyle changes are...

LATEST ARTICLES

SBI Announces Sale of Maldivian Resort Lease Rights for Potential Investors

The State Bank of India (SBI) Male' branch has launched the sale of leasehold rights for two prominent Maldivian resorts—Dholhiyadhoo Island Resort...

Finance Ministry to Resume Weekly Fiscal Reports After Four-Month Hiatus

The Ministry of Finance has confirmed that it will resume publishing the Weekly Fiscal Developments (WFD) report this week, ending a four-month...

Maldives Secures Position on CATA’s Management Committee, Appointed as Regional Director for Asia

The Maldives has been elected to the Management Committee of the Commonwealth Association of Tax Administrators (CATA) and has been appointed as...

Maldives to Host Tourism Symposium in Addu to Boost Southern Tourism

The Maldivian government has announced plans to host a tourism symposium in Addu next year, an initiative aimed at elevating the city’s...

Maafaru International Airport Resumes International Flights Following Runway Expansion

Maafaru International Airport in Noonu Atoll has resumed international flight operations after a period of halted service due to runway expansion. Originally...
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