CMDA formulates requirements to register investment funds

Capital Market Development Authority (CMDA) tables requirements to formulate investment funds in the Maldives. CMDA is an independent body responsible for developing and regulating the...

Kuwait Fund gives a loan of 50 million dollars to build the new terminal

Kuwait Fund has given a loan of 50 million dollars to build the new terminal at Ibrahim Nasir International Airport. An agreement was signed between...

“Lily International” – Main Partner for Guesthouses Maldives Conference 2016

“Lily International” has signed a Memorandum of Understanding (MoU) with Guesthouses Maldives Conference to become “Main Partner’ of the event. Taking place in 24th...

Ayady introduces ‘Family Takaful’

Ayady Takaful, a subsidiary division of Allied Insurance,  signs a Memoradum of Understanding (MoU) with Maldives Police Service for provision of Family Takaful plans to take...

“State Trading Organization” signs as a Premium Partner for Guesthouses Maldives Conference 2016

“State Trading Organization” has signed a Memorandum of Understanding (MoU) with Guesthouses Maldives Conference to become “Premium Partner’ of the event. Taking place in...

110,432 Tourist arrivals in July 2016

According to statistics published by Ministry of Tourism, 110,432 tourists arrived in the month of July 2016 compared to 104,517 compared to same period...

Bank of Maldives participates in the Credit Guarantee Scheme by MMA

Bank of Maldives has confirmed its participation in the Credit Guarantee Scheme which was launched this morning by the Maldives Monetary Authority (MMA). Under...

“Mega Maldives” & “Maldives Gas” signs as partners for Guesthouses Maldives Conference 2016

“Mega Maldives” & “Maldives Gas” signed a Memorandum of Understanding (MoU) with Guesthouses Maldives Conference to become the “Airline Partner’ & “Gas Partner” respectively for the event....

Maldivian to start flight operations to Mumbai & Delhi

Island Aviation has revealed that Maldivian will start traveling to Mumbai & Delhi in India. Managing Director of Malivian, Abdul Haris said that the to...

USD 622.6 million in national reserve at start of July – MMA

Maldivian Monetary Authority (MMA) has announced that the money in national reserve at start of July amounted to USD 622.6 million. Monthly economy review by...

Maldives welcomes 750,000th tourist of Visit Maldives Year

Maldives crosses another milestone in the tourist arrival target of Visit Maldives Year with the welcoming of 750,000th tourist this morning. Mr. Wang Shuai,...

Closing Dubai Airport following crash landing cost $330m ($1 million a minute)

$330m - this is how much it may have cost Dubai when its main airport was shut for five and a half hours on...

AccorHotels participates in Youth Challenge 2016

The Talent & Culture team of Mercure Maldives Kooddoo Resort (AccorHotels) took part in the Youth Challenge 2016, an exhibition cum fair organized by...

MIRA to introduce Advance Pricing Agreements

The Maldives Inland Revenue Authority (MIRA) has announced that Advance Pricing Agreements (APAs) between taxpayers and MIRA will be introduced this year. This announcement...

“Dealing with people who drive you CRAZY” – Dr Joel Freeman in Maldives

Dr Joel Freeman, author of many best-selling books in 28 foreign translations, "IGNITE Your Entrepreneurial Passion! CREATE THE DEMAND" endorsed by Steve Forbes, Brian...

BHM Traders brings authentic Singapore OWL’s Kopitiam Roast & Ground coffee sachets to Maldives

BHM Traders has introduced Singapore’s leading coffee brand OWL’s ‘Kopitiam Roast & Ground’ selection in Maldives with the promise of bringing a new freshly-brewed...

Youth Challenge 2016: over 500 job opportunities

The annual event lurking for young and talented pool of skilled workforce has been inaugurated by the Minister of Youth and Sports, Iruthisham Adam,...

LUX* Resorts & Hotels appoints Dominik Ruhl Chief Operating Officer

Following the announcement of the re-opening of LUX* South Ari Atoll on the 1st September 2016 and the development of the new island LUX* North...

Kurumba Maldives Unveils Refurbished Main Pool Area

Kurumba Maldives has unveiled enhancement of the resort’s newly refurbished main pool and children’s pool, delivering the ultimate guest experience. With views of the Indian...

Vacations Expo 2016 starts tomorrow

Maldives’ first travel exhibition, “Vacations Expo”, will start tomorrow, which will be held from 4 - 6 August at National Art Gallery. The event is...

First half of 2016 sees a slump in occupancy of resorts while guesthouses on...

According to statistics published by Ministry of Tourism, first of 2016 ended with a total of 619,921 tourists arrivals to Maldives compared to 609,105 tourists same period last...

Samsung officially launches the Galaxy Note 7

Samsung has today officially launched the Galaxy Note 7, the latest in its line of stylus-equipped flagship smartphones. The Note 7, which is not...

Apollo Holdings Pvt Ltd unveils its first luxury real estate project ‘The Apollo Towers’

Apollo Holdings Pvt Ltd has today unveiled its first luxury real estate project ‘The Apollo Towers’ set to rise with a beach front view...

Tourism declines, Construction and the Wholesale & Retail trade sectors increase – MMA

According to the Quarterly Business Survey carried out for the second quarter of 2016, businesses in the construction and the wholesale and retail trade...

LATEST ARTICLES

Maldivian’s New ATR Aircraft to Arrive on Thursday

Maldivian Aero, the flag carrier of the Maldives, has confirmed the upcoming arrival of its latest addition to its fleet, an ATR...

Tourist Arrivals in May Increased by 12.3%

The Ministry of Tourism has disclosed that tourist arrivals in the Maldives have surged to over 794,000 as of May 4th, 2024,...

Inflation Rate Dips to -0.2% in March 2024: MMA

The Maldives Monetary Authority (MMA) has reported that the rate of inflation, measured by the annual percentage change in the national Consumer...

MWSC Records USD5 Million Net Profit in 1Q2024

Male' Water and Sewerage Company Private Limited (MWSC) has reported a significant increase in first-quarter profits this year compared to last year,...

Economic Ministry, USPTO Trademark Bill Seminar to Conclude Today

A two-day seminar on the Trademark Bill, jointly organised by the Ministry of Economic Development and Trade, the Maldives Customs Service, and...
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