Specialised Housing Bank Introduced with 6% Interest Rate Cap

President Ibrahim Mohamed Solih, in a pledge ahead of his re-election bid on September 9, announced the establishment of a specialised bank...

2 Resorts Sold by Universal Were Bought by a U.S. Investment Firm

Universal Enterprises, one of the largest companies in the Maldives, has announced that two of its properties sold last month — Sheraton...

The Balconies at Bayfancy Residence: Where Comfort Meets Nature

At Bayfancy Residence, balconies have been thoughtfully designed to offer more than just an outdoor extension of your home. These spaces blend...

HDC Announces Lease of Commercial Units from The Apollo Towers for Retail Stores

Housing Development Corporation (HDC) has opened Request for Proposal (RFP)s for the lease of 6 commercial units from The Apollo Towers (Lot...

Urbanco Unveils Plans for 16 Residential Buildings in Hulhumale’

Urbanco has formally announced the construction of 16 new residential buildings in Hulhumale', during the Maldives Living Expo, where land was officially...

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 casting of the second floor and finalising...

Bayfancy Residence to Feature Advanced Pile Foundation for Long-Term Durability

Bayfancy, a Singapore-based real estate development company operating in the Maldives, is constructing its new luxury residential project in Hulhumalé using pile...

Urbanco and Amir Mansoor Investment Partner to Launch Overwater Restaurant in Hulhumalé Phase 2

Urbanco, a renowned development company, announced a partnership with Amir Mansoor Investment to launch an exquisite overwater restaurant near Bridge 1 in...

LATEST ARTICLES

Minister Shiyam Outlines Strategy to Deepen Fisheries Ties with Singapore

Minister of Fisheries and Ocean Resources, Ahmed Shiyam, has announced that the Maldivian government is working to strengthen partnerships with Singapore’s institutions...

GAGE Appoints New COOs for Security and Fire Safety Divisions

GAGE, a provider of security and fire safety services in the Maldives, has announced changes to its senior leadership, appointing two new...

Saudi Envoy Presents Credentials as Maldives Strengthens Ties with Riyadh

The new Ambassador of the Kingdom of Saudi Arabia to the Republic of Maldives, His Excellency Yahya Hassan Alhqahtani, formally presented his...

Parametric Insurance Could Help Restore Bleached Reefs, Says New Report

A new feasibility study has proposed a first-of-its-kind insurance scheme to protect the Maldives’ coral reefs from climate-induced marine heatwaves. Jointly developed...

Maldivian Tuna Now Canned in China, Drawing Mixed Reactions

A Chinese company has produced its first sample batch of canned tuna using fish exported from the Maldives, highlighting a new phase...
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