State Reserve Climbs to USD 827.7 Million by End of 2022
Statistics publicised by Maldives Monetary Authority (MMA) show that the state reserve stood at USD 827.7 million at the end of 2022.
MIFCO Records 25% Surge in Fish Collection
Maldives Industrial Fisheries Company (MIFCO) has reported a significant increase in fish collection, with a total of 39,750 metric tons (MT) collected...
Empowering Communities – MSMEs as Catalysts for Economic Development in the Maldives
Micro, Small, and Medium-Sized Enterprises (MSMEs) play a pivotal role in driving economic development, especially in countries like the Maldives, where they...
Maldives and BBC Global News Collaborates to Showcase Secure Luxury Tourism
Visit Maldives has joined hands with BBC Global News to launch a dynamic international advertising campaign aimed at showcasing the Maldives as...
MTCC Initiates Construction of N. Velidhoo Junior College
The Maldives Transport & Contracting Company, (MTCC) has initiated the physical works of N. Velidhoo Junior College on September 5, 2023.
MTCC Commences Physical Works for HA. Dhihdhoo Land Reclamation Project
The Maldives Transport and Contracting Company (MTCC) held a ceremony yesterday, in Ha. Dhihdhoo, marking the commencement of physical work for the...
Government Records Revenue Growth Exceeding MVR 23.9 Billion in 2023
According to the Finance Ministry, the government's revenue for this year has reached an impressive MVR 23.9 billion, a substantial increase compared...
Finance Ministry Reports MVR 10.7 Billion Expenditure in PSIP
According to the Ministry of Finance's data released as of December 7, 2023, the Maldivian Government has allocated MVR 10.7 billion for...
Finance Ministry Reports MVR 30.8 Billion in Revenue and MVR 44 Billion in Expenditure
The Ministry of Finance has reported that the state's revenue for 2023 has reached MVR 30.8 billion, marking an increase from MVR...
Maldives Showcases Tourism Potential at Fitur 2024 in Madrid
The Maldives Marketing and Public Relations Corporation (MMPRC/Visit Maldives), in partnership with 22 industry associates, is representing the Maldives at Fitur 2024,...
STELCO and the Ministry of Heritage Sign Technical Support Agreement
State Electric Company Limited (STELCO) and Ministry of Dhivehi Language, Culture, and Heritage has formalised a Memorandum of Understanding (MoU), aiming to...
Director General of Abu Dhabi Fund Meets with President Muizzu
H.E. Mohammed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD), met with President Dr Mohamed Muizzu in...
President Muizzu Courts Private Investment at Dubai Forum
President Dr Mohamed Muizzu has underlined the critical role of private-sector investments in achieving the nation's ambitious development goals. The President made...
Maldives Celebrates Inaugural Direct Flight from China’s Fujian Province
The Maldives welcomed the first direct flight from China's Fujian Province yesterday, further strengthening tourism connectivity between the two nations. Xiamen Airlines...
Dhiraagu EAFC Mini Series 1 a Success, Drawing Enthusiastic Gamer Participation
Dhiraagu has announced the successful conclusion of its latest esports event, the Dhiraagu EAFC Mini Series 1.
The...
MPL Unveils New Labour Shelter
Maldives Ports Limited (MPL) has officially opened a new state-of-the-art shelter for labourers who work at the port. The initiative addresses long-standing...
S01 Ooredoo Nation EAFC Series Champion Announced
Ooredoo Maldives has concluded Season One of its EAFC Maldives Championship Contender Series, announcing Mohamed Zameel Zihuny as the champion. The tournament,...
Maldives-Türkiye Dialogue Highlights Prospects for Zero-Percent Tariff Trade
The Maldives government has engaged in discussions with Türkiye concerning the possibility of exporting 214 different commodities to Turkey at a zero...
Ministry Signs Deal with Chinese Contractor for 1,000 Housing Units in Eydhafushi
The Ministry of Construction and Infrastructure announced that it has awarded a contract to a Chinese company for the development of 1,000...
Agriculture Ministry Rolls Out ‘Dhanduveri Manfaa’ Financial Aid Programme
The Ministry of Agriculture and Animal Welfare has inaugurated a new financial assistance and loan scheme named “Dhanduveri Manfaa,” designed to support...
MSS Expands Fish Export Operations to Southeast Asia
Maldives State Shipping (MSS) has announced a new venture to export frozen fish to Southeast Asian countries, in collaboration with the Maldives...
The Case for Maintaining Central Bank Independence in the Maldives
The recent recommendation by the Public Accounts Committee to dismiss Central Bank Governor Ali Hashim raises significant concerns about the future of...
Maldivian Expands Distribution Network with Strategic Partnerships
Maldivian, the national airline of the Maldives, has announced a significant expansion of its distribution network through a strategic partnership with Amadeus...
Italy’s 100,000 Visitors Cement Its Importance to Maldivian Tourism Growth
The Ministry of Tourism has reported that over 100,000 tourists from Italy have visited the Maldives this year, positioning Italy as the...
LATEST ARTICLES
Report: The Maldives’ Role in Shaping Global Climate Finance
The 29th Session of the Conference of Parties (COP29) of the United Nations Framework Convention on Climate Change (UNFCCC) convened in Baku,...
Bunkering Service Generates USD 1.5 Million in Revenue, Says Minister
Economic Minister Mohamed Saeed has revealed that the Maldives’ recently launched bunkering service has generated approximately USD 1.5 million in revenue. The...
President Muizzu Meets AIIB President at COP29 to Strengthen Development Cooperation
On the sidelines of COP29, President Dr Mohamed Muizzu held a meeting with Mr Jin Liqun, President and Chair of the Board...
Ooredoo Maldives Announces Record Date for Extraordinary General Meeting
Ooredoo Maldives has officially announced that its upcoming Extraordinary General Meeting (EGM) will take place in December 2024. The telecommunications company confirmed...
MP Urges Parliament to Address Tourism Sector Concerns Over MMA’s Dollar Rules
Galolhu North MP Mohamed Ibrahim (MDP) has urged the parliament to summon representatives from the tourism sector to address growing concerns surrounding...
