First National Real Estate and Hospitality Fund Plc Seeks Independent Director Applications
First National Real Estate and Hospitality Fund Plc is inviting applications for the role of…
Section
News
Over 50 Companies Join Industry Meet to Explore Opportunities in the Maldives
The High Commission of India in the Maldives and the Confederation of Indian Industry (CII)…
The AGI Era Is Approaching: How Can the Maldives Prepare for the Coming Disruption?
Artificial General Intelligence (AGI) — once considered a distant concept — is now expected to…
Proposed Amendment to Tourism Act Seeks to Establish New Tourism Trust Fund
The government is looking to establish and regulate a Tourism Trust Fund under the Tourism…
President’s Office Confirms Government Closure for Ramadan’s Final Days
The President’s Office has announced that government offices will be closed for the last ten…
Ooredoo Maldives Expands 5G Coverage to 80% of the Population
Ooredoo Maldives has announced that its 5G network now covers 80% of the country’s population,…
Central Bank Shakeup: Deputy Governor’s Future Uncertain Amid Resignations
A motion has been submitted to Parliament’s Finance Committee recommending the removal of Ahmed Imad,…
Gov’t Clears USD 100 Million Loan Amid Rising Debt Concerns
The Ministry of Finance and Planning has confirmed the repayment of a USD 100 million…
IAA Maldives Established to Strengthen Internal Auditing in the Maldives
The Internal Audit Association of Maldives (IAA Maldives) has been formally established, marking a significant…
WAMCO Awarded Contract for Waste Management Projects in 32 Islands
The Waste Management Corporation (WAMCO) has been awarded a contract to construct waste management facilities…
Mariyam Shamma Ismail Appointed as New Registrar of Companies
The government has appointed Uza. Mariyam Shamma Ismail as the new Registrar of Companies, following…
Ahmed Zayan Resigns from MMA Board as Government Faces Economic Criticism
Ahmed Zayan Mohamed, the Ministry of Finance’s representative on the Maldives Monetary Authority (MMA) board,…
Maldives Stresses Commonwealth’s Role in Supporting Small States
As Commonwealth Day is observed, the Maldives has reflected on the role of the Commonwealth…
Ooredoo Maldives Shareholders Approve MVR 3.43 Dividend for 2024
Ooredoo Maldives Plc held its Annual General Meeting (AGM) on Sunday, 9th March 2025, where…
Gov’t Plans MVR 15 Billion Land Sale to Central Bank Amid Rising Debt Concerns
The Maldivian government is reportedly preparing to raise MVR 15 billion by selling a large plot of…
Maldives’ Travel Agents Call for Action Against Unregulated OTA Dominance
The Association of Travel Agents (ATA) has voiced strong concerns over what it describes as…
February Revenue Up by 5.4% Year-on-Year Driven by Lease Extension Fees and Income Tax
Revenue collections for the Maldives have shown positive growth in February 2025, reaching a total…
SDFC to Open Applications for Viyafaari Ehee Loan on 16 March
The SME Development Finance Corporation (SDFC) has announced that applications for its Viyafaari Ehee Loan will open…
Construction Sector Growth Driven by Real Estate Projects in Q4 2024
The Maldives’ construction sector maintained steady growth in the final quarter of 2024, supported by…
Discussions Held on Traffic Flow Ahead of New VIA Terminal Opening
Authorities have held discussions to address potential changes to traffic flow around Velana International Airport…
Investment Opportunities Opened for Gan Island Development in Gaafu Dhaalu Atoll
Gadhdhoo Council has announced exciting investment opportunities on the uninhabited island of Gan, located in…
Financial Sector Maintains Healthy Growth as Maldives Banks and Insurers Post Robust Results
The financial sector of the Maldives displayed continued strength and stability in the fourth quarter…
Gov’t Agencies Explore Ways to Enhance Agricultural Business Opportunities
The Ministry of Agriculture and Animal Welfare, together with the Maldives Industrial Development Free Zone…
Addu City Invites Investors to Develop New City Hotel in Feydhoo
Addu City Council has opened invitations for investors to develop a 45-room city hotel in…