Tourism Continues to Power Fiscal Gains
The latest Weekly Fiscal Developments report by the Ministry of Finance reveals a strong fiscal…
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News
MACL Kicks Off Staff Awareness Sessions under ‘Green Airport’ Sustainability Drive
Maldives Airports Company Limited (MACL) has begun a series of employee awareness sessions aimed at…
Ooredoo Nation Opens Registration for Inter Resort E-Sports Championship 2025
Ooredoo Nation has officially launched registration for the Inter Resort E-Sports Championship 2025, a digital…
U.S. Embassy in Maldives Reportedly Among Dozens Targeted for Closure in Leaked State Department Plans
The U.S. Embassy in Maldives, opened less than two years ago, has reportedly been listed…
Visit Maldives Shifts Focus from ITB Berlin, Highlights ATM Dubai in New Strategy
Visit Maldives is placing increased emphasis on the Arabian Travel Market (ATM) in Dubai for…
Maldives Engages Turkish Business Community to Strengthen Economic Cooperation
Senior officials from the Maldives held discussions with leading members of Türkiye’s business community in…
Steady Progress Continues at Bayfancy Residence as Second-Floor Slab Casting is Completed
The construction of Bayfancy Residence is progressing steadily, with the project team completing the slab…
Dhiraagu Malé Open Swimming Competition Returns on 24 May 2025
More than 350 swimmers are set to dive into the waters off Rasfannu, Malé, as…
ADK Hospital to Commence MVR 120 Million Bond Issuance, Initial Tranche Set at MVR 50 Million
ADK Hospitals Private Limited is poised to open subscription for their MVR 120 million bond…
President Ratifies Israeli Passport Ban, But Drops Clause on Dual Nationals
President Dr Mohamed Muizzu has ratified an amendment to the Maldives Immigration Act, enforcing a…
POLCO Faces New Corruption Allegations Over MVR 350 Million Catering Contract
The Police Cooperative Society (POLCO) is facing renewed scrutiny as fresh allegations emerge over the…
Foreign Minister Inaugurates Maldives Embassy in Türkiye
In a flag-hoisting ceremony held today, Minister of Foreign Affairs Dr Abdulla Khaleel officially inaugurated…
Customs Revenue Hits MVR 350 Million in March
According to monthly trade statistics for March 2025, Maldives recorded total imports valued at MVR…
Gov’t Urges Employers to Complete Biometric Registration for Foreign Workers by End of April
The Ministry of Homeland Security and Technology has called on all employers in the Maldives…
CA Maldives to Start Registering Business Accountants This Year
The Chartered Accountants of the Maldives (CA Maldives) has announced plans to commence the registration…
Gov’t Launches SFD-Financed Housing Development in Hulhumalé
A major new housing development was launched yesterday in Hulhumalé, with support from the Saudi…
Ooredoo Maldives Launches 20th Anniversary Giveaway with Umrah and Hajj Trips
Ooredoo Maldives has announced a nationwide giveaway to mark its 20th anniversary, offering customers a…
First National Real Estate Fund Declares the First Round of Distributions to Investors
First National Real Estate and Hospitality Fund Plc (“Real Estate Fund”) has announced its dividend…
Saudi Fund Extends Additional USD 17 Million Loan for VIA Terminal Project
The Government of Maldives has secured an additional USD 17 million (MVR 262 million) in…
Importers Now Required to Show Garage Space Before Bringing Four-Wheelers into Maldives
The Ministry of Transport and Civil Aviation has introduced a new requirement for importing four-wheel…
Green Tax Revenue Up 72%, But Environmental Spending Lags Behind
Green Tax collections in the Maldives reached MVR 401.2 million by 20 March 2025, marking…
Government in Talks with Shangri-La Over Villingili Resort Reopening
Senior government ministers held a high-level meeting on Sunday with representatives of Shangri-La to discuss…
Tobacco Use to Be Banned for Those Born On or After 1 Jan 2007
The Maldivian government has decided to implement a generational ban on tobacco, restricting the sale,…
Delayed Infrastructure Projects Lead to MVR 1.18B Budget Surplus
The Government of Maldives recorded a fiscal surplus of MVR 1.18 billion by 20 March…