Is the Maldives’ Fiscal Surplus a Sign of Discipline or Delay?
The Ministry of Finance reported a primary surplus of MVR 3.2 billion for the first…
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News
MVR 15.9 Million Issued in Agriculture Loans Under Government Scheme
The Ministry of Agriculture and Animal Welfare has revealed that a total of MVR 15.9…
Maldives and Japan Sign Defence Agreement to Boost Maritime Security
Japan has committed to enhancing maritime security in the Maldives through the provision of two…
Parliamentary Committee Backs Asna Hamdi for Deputy Governor Role at MMA
The Parliamentary Public Accounts Committee has recommended the appointment of Aishath Asna Hamdi as the…
Maldives Launches MVR 250M Islamic Social Finance Initiative
A new social financing initiative focused on expanding Islamic Finance and addressing community needs was…
Maldives Signs MoU with UN University for Peace to Strengthen Diplomatic Training
The Foreign Service Institute of the Maldives (FOSIM) has signed a Memorandum of Understanding (MoU)…
Maldives Moves to Repeal and Replace 27-Year-Old Civil Aviation Act
A new bill proposing sweeping reforms to modernise the Maldives’ aviation sector has been submitted…
Gov’t Seeks Consultants for Master Plan of Malé Center Point
The Ministry of Finance and Planning, on behalf of the Ministry of Construction, Housing and…
Maldives’ Broad Money Shrinks Slightly in 2024 as Bank Deposits Shift
The total money circulating in the Maldivian economy saw a small decline in 2024, according…
Ooredoo Maldives and MMPRC Partner to Promote Maldives to 147 Million Global Customers
Ooredoo Maldives has entered into a strategic partnership with the Maldives Marketing and Public Relations…
Vice President Urges Ethical Overhaul in Maldives’ Tourism Industry
Vice President Uz Hussain Mohamed Latheef said last night at the opening ceremony of the…
MMA Annual Report: Maldives Trade Shaped by Rising Imports and Evolving Export Structure
The Maldives Monetary Authority’s 2024 Annual Report highlights a year of notable shifts in the…
April 2025 Sees Strongest Tourism Growth in Three Years
Tourist arrivals to the Maldives saw a significant boost in April 2025, making it the…
UAE-Backed MIFC Project Breaks Ground in Maldives
The Maldives officially broke ground on the Maldives International Financial Centre (MIFC), a USD 8.8…
UAE to Support Maldives in Credit Rating, Food Security, and Infrastructure Development
In a meeting held at the President’s Office, President Dr Mohamed Muizzu welcomed His Highness…
China’s New Ambassador to the Maldives Presents Credentials, Affirms Continued Support
The new Ambassador of the People’s Republic of China to the Maldives, His Excellency Kong…
Maldives 2.0: President Launches Vision for a Digital-First Nation
President Dr Mohamed Muizzu has announced a new national initiative, titled ‘Maldives 2.0’, aimed at…
Maldives Launches USD 8.8 Billion Financial Centre to Reshape National Economy
The Maldives government has signed a landmark joint venture agreement with MBS Global Investments to…
Ooredoo Maldives Sets Guinness World Record for Largest Underwater Panel Discussion
Ooredoo Maldives has earned a place in the Guinness World Records after hosting the world’s…
Vaadhoo to Become First Fully Solar-Powered Island in the Maldives by Year-End
The government has announced plans to transition Raa Atoll Vaadhoo to 100 percent renewable energy…
MTCC Posts MVR 62 Million Loss in Q1 Despite Higher Revenue
The Maldives Transport and Contracting Company (MTCC) reported a loss of MVR 62.1 million for…
Maldives Strengthens WTO Ties with New Permanent Representative
Ambassador Dr. Salma Rasheed has officially assumed her role as the Permanent Representative of the…
Central Bank Board Reshaped as Government Fills Two Vacancies
The government has appointed two new members to the Board of Directors of the Maldives…
USD 214 Million Converted Through Banks Since January, Says President
President Dr Mohamed Muizzu has reported that USD 214 million has been exchanged through local…