IUM Launches Islamic Bond Sale to Fund Sanabil Building Project
The Islamic University of Maldives (IUM) has launched financing efforts by selling Sharia-compliant bonds known as 'Sukuk' to construct the university's 'Sanabil'...
High Court Rules Against MMPRC in USD 2.5 Million Case
The High Court has ruled against the Maldives Marketing and Public Relations Corporation (MMPRC) in its appeal to recover USD 2.5 million...
Maldives Backtracks on Consideration of Blanket Ban on Israeli Passport Holders Amid Diplomatic Nuances
In the wake of significant public outcry over the Gaza conflict, the Maldivian government initially decided to prohibit Israeli nationals from entering...
Velana International Airport Unveils New ‘Welcome’ Monument
The ‘Welcome’ monument at Velana International Airport (VIA) was unveiled yesterday, marking a significant milestone in the airport’s ongoing development. Positioned on...
Maldives Faces Import Delays Amid International Shipping Disruptions
The importation of goods into the Maldives has been severely impacted by disruptions in international cargo shipping, causing significant delays for local...
FENAKA Corporation Limited to Become Subsidiary of STO
President Dr Mohamed Muizzu has resolved to designate FENAKA Corporation Limited as a subsidiary of State Trading Organisation (STO) Public Limited. This...
BML Announces Chairperson and Board Directors
Bank of Maldives has announced the appointment of new directors and the chairperson to its Board of Directors following an Extraordinary General...
Seminar on Recent Developments in BPT and WHT
CTL Strategies is conducting a full day seminar on Recent Developments in BPT and WHT. The seven-hour seminar is designed to give...
MSC Magnifica is Almost Here
The largest ever cruise liner to visit Maldives will be docking in Male on Wenesday, 10th April 2019. This is the first...
State Income Projected to Rise Slightly in 2019
State income is projected to raise slightly in the year 2019, as per the Annual Report of 2018 released by Maldives Inland...
Revised business registration bill proposed to the Government
A revised business registration bill has been submitted for review to the Government.
The bill pushes to nullify the...
ITFC to facilitate Maldives with USD 1.5 billion in trade financing
The Government of the Maldives and the International Islamic Trade Finance Corporation (ITFC) has signed a Framework Agreement, valued at US$1.5 billion...
First Resident Ambassador of UK to the Maldives Presents Credentials to President
First Resident Ambassador of UK to the Maldives has presented her Credentials to President Ibrahim Mohamed Solih earlier today at a special...
Airlines Re-Route Flights Away From Iraq, Iran Airspace
Major airlines canceled Iran and Iraq flights on Wednesday and re-routed others away from both countries’ airspace, following an Iranian missile strike...
Is This a Turning Point in History?
The ongoing pandemic has led to many changes across the world. The expectations we had for 2020 is completely different from what...
President Visits Velana International Airport to Check Preparations to Reopen Borders
President Ibrahim Mohamed Solih, accompanied by relevant cabinet ministers and institutional representatives, visited Velana International Airport this evening to check ongoing preparations...
HEOC Restricts Takeaway and Delivery Services After 9:30 pm
Health Emergency Operation Center
(HEOC) has announced a restriction on takeaway and delivery services from café,
restaurants or any eatery to the ordered destination,...
Ooredoo Concludes Digital Literacy Program in Kulhudhufushi
Ooredoo concludes Digital Literacy Program in Kulhudhufushi on 8th August. This program for the elderly aims to ensure inclusive access to digital...
Transactions Above MVR100,000 to be Accepted Online Starting October
Maldives Inland Revenue Authority (MIRA) stated that transactions above MVR 100,000 and above USD 5,000 will only be accepted online starting from...
Government Generates MVR5.2 Million from Green Tax in August, A 92% Annual Drop
According to statistics by the Finance Ministry, MVR 5.2 million ( USD 337,700 ) was generated from Green Tax revenue. This is...
Enjoy all DhiraaguTV Channels for MVR 450 per Month
Dhiraagu has extended the ongoing
DhiraaguTV promotion, allowing all customers to watch their favourite channels
for only MVR 450 per month, until 31 December...
‘Youth Vision – An Art Workshop’ Concludes
Thursday marked the culmination of ‘Youth Vision – an Art Workshop’ – a series of virtual art camps held over two successful...
Ithaafushi, Maldives’ Largest Private Island Debuts
Waldorf Astoria Maldives Ithaafushi has unveiled the exclusive Ithaafushi – The Private Island, the largest Maldivian private island spanning 32,000 square meters in...
Over 80,000 Applications Received via BML Internet Banking in the Past 9 Months
Bank of Maldives introduced a range of services through its online banking platform to support customers during the Covid-19 pandemic.