Coral Edge Pvt. Ltd. Launches Dhigali Maldives

Coral Edge Pvt. Ltd. has opened up their first property Dhigali Maldives. Launched on the 1st of June, Dhigali is remotely located in Raa atoll...

Urbanco Announces Sale of Remaining Vinares Flats in Hulhumale’ Phase II

Urbanco has decided to open doors for potential buyers interested in the unsold units of the Vinares housing project located in Hulhumale'...

Sri Lanka President Appoints Cabinet, Includes Four Members of Rajapaksa Family

Sri Lanka’s new Cabinet, including four members of the Rajapaksa family, took oath on Wednesday with President Gotabaya Rajapaksa retaining the key...

Maldives Climbs Nine Ranks to Retain Most Powerful Passport in the Region

The Maldives has ascended nine ranks in the Henley Passport Index, securing the honour of possessing the most powerful passport in the...

Commercial Bank of Maldives becomes the first privately owned bank in Maldives

With a capital consisting over 150 million Rufiya, Commercial Bank of Maldives (CBM) was inaugurated today. Infamous businessman Champa Hussain Afeef is a stakeholder Treetop...

A Unique Street Food Joint in Male’ City – Comfood

Comfood began as a coffee place for friends to hang out but has now evolved into a social hub which provides good...

A.A. Maagaa is Being Sold! Bid Submissions Now Open

In an enforcement action initiated by Habib Bank Limited, Male, the bank is proceeding to sell and transfer the leasehold rights (head...

Mohamed Umar Appointed as Director of Finance and Procurement for Villa Group

Villa Group has announced the appointment of Mr Mohamed Umar as the new Director of Finance and Procurement. Mr...

Mr Ismail Rasheed | CEO and Managing Director of Dhiraagu

Mr Ismail Rasheed is the Chief Executive Officer and Managing Director of Dhiraagu, the leading and the largest provider of telecommunications and digital services...

Villa Group Appoints Mr. Hassan Shamaam as Group Director of Learning and Development

To spearhead learning and development initiatives and create training programmes that align with the Group’s vision and value, Villa Group has appointed...

Seagull Food Starts Online Services

Seagull Food has announced that they will be providing Online delivery services to its customers amid the COVID-19 Pandemic.

Sri Lanka’s Hayleys buys Maldivian resort “Kudarah” for US$23mn

Sri Lanka’s Hayleys PLC has acquired a Maldivian resort named Kudarah Island Resort through their subsidiary Luxury Resort private limited for 23 million US...

The Maldivian Fish Market Opens at Malaysia

A fish shop by the name of "The Maldivian Fish Market" has been opened in Malaysia in order to provide Maldivian fish...

Op-Ed: Ensuring the Tourism Goose Keeps Laying its Golden Eggs

By Sonu Shivdasani Like many people across the Maldives and India, I was appalled to read the disparaging remarks...
MACL Acting MD Moosa Solih

Forget MMPRC corruption scandal, state to lose USD 55 million every year on MACL...

Anti Corruption Commission has issued a statement stating that the state is set to lose USD 55 million every year on MACL...

Mr. Ahmed Shaheer | Managing Director of State Trading Organization (STO)

by Ruba Ali Mr. Ahmed Shaheer is the Managing Director of State Trading Organization (STO), the largest trading company in the Maldives. Having begun his...

Government Publicises Temporary List of Hiyaa Flat Applicants

The Government has today publicised the temporary lists of applicants for flats under the 'Hiyaa Public Housing Project'. The lists pertain to...

Chief Butler at Westin Maldives Proves the Importance of Academic Qualification along with Experience

Ali Ashfag is a young passionate hotelier from Noonu Holhudhoo, who started his career at a very young 17 years of age....

Ooredoo’s Aachaa Postpaid: Going from 30GB for MVR 1000 to 180GB!

Ooredoo Maldives has launched the new Aachaa Postpaid Plans, with first of its kind benefits in the market. The all new Aachaa...

5 water villas devoured by a fire at Taj Exotica Maldives

On the dawn of 29th January 2019, at approximately 5 AM, a fire sparked at Taj Exotica Maldives, which then broke out...

SIMDI Group Celebrates 22nd Anniversary

SIMDI Group celebrates its 22nd anniversary today. Founded in January 2001 by Chairman Mr. Ibrahim Mohamed Didi and...

Mr. Mohamed Thowfeequ | Executive Director of Bright Brothers Private Limited

Mr. Mohamed Thowfeequ is the Executive Director and one of the two founding brothers of ‘Bright Brothers Private Limited’, a highly successful and dynamic...

Islamic Banking and Financing Industry of Maldives: Snapshot of Today

By Guest Writer: Ahmed Riza The basis of contemporary Islamic banking and finance is rooted back to the time of...

Four New Resorts Set to Boost Tourist Bed Capacity

Four new resorts are set to open by the end of the year, increasing the tourist bed capacity to 1,064. 

LATEST ARTICLES

The Cost of Control: What the Maldives Stands to Lose with Power Centralisation

In a move that has raised alarms about the erosion of democratic norms, President Mohamed Muizzu has ratified amendments to the laws...

Maldives and Tajikistan Sign Visa Exemption Agreement

Maldives and Tajikistan have formalised a bilateral agreement granting mutual visa exemptions for their citizens for stays up to 30 days. The...

Maldives Targets 2.4 Million Tourist Arrivals in 2025

The Maldives is setting its sights on a new tourism milestone, aiming to welcome 2.4 million visitors in 2025, surpassing the 2.2...

MMA Seeks Feedback on Proposed Changes to Foreign Currency Exchange Rules

The Maldives Monetary Authority (MMA) has circulated a draft bill on foreign currency exchange to stakeholders, inviting comments on its provisions. The...

Maldives Slams COP29 Climate Finance Deal as Inadequate Amid Escalating Crisis

The Maldives has criticised the USD 300 billion annual climate finance target agreed upon at the COP29 summit, stating that it falls...
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