Business

Floating solar is here. What other PV options could power the Maldives?

Last week brought a milestone Maldivian energy planners have been working toward for years. Swimsol, the Austria-based marine solar specialist, switched on a 2.4...

Qatar Airways Resumes Flights to Maldives After Middle East Suspension

The airline will operate five weekly flights between Malé and Doha, restoring a critical air corridor for tourists, cargo, and perishable imports following disruption...

Maldives Fuel Prices Surge Amid Middle East Tensions

Fuel prices at outlets run by Fuel Supply Maldives have been increased starting 05 March 2026, a move analysts link to turbulence in global...

Male’ Group of Hospitals contracts expansion of Hulhumale’ Hospital ER to RDC

Male' Group of Hospitals has signed an agreement with Road Development Corporation (RDC) to modernise and expand the emergency room (ER) at Hulhumale' Hospital....

STELCO projects USD 7.78 million profit by year-end

The Managing Director of State Electric Company Limited (STELCO) Ahmed Fahmy has expressed optimism that the company will achieve a profit of USD 7.78...

Applications open for MIRA board of directors position

The President’s Office has announced the opportunity to apply for a position on the Board of Directors of the Maldives Inland Revenue Authority (MIRA). The...

Sea-to-air service expansion boosts economy

The Chief Executive Officer (CEO) of Maldives Ports Limited (MPL) Mohamed Wajeeh Ibrahim has announced that the sea-to-air cargo service launched earlier this year...

Finance minister highlights risks of insufficient budget allocations

Minister of Finance Moosa Zameer has voiced concerns that inadequate financial allocations for development projects could lead to significant delays and hinder long-term progress....

President inaugurates Maldives Development Bank

President Dr Mohamed Muizzu has inaugurated the "Maldives Development Bank," which will provide funding for development projects. The first-ever investment bank in the country has...

President upholds commitment to Foreign Exchange Regulation amendments

President Dr Mohamed Muizzu has reiterated his commitment to maintaining the amendments to the Foreign Exchange Regulations. He made these remarks during a function...

President highlights economic growth as key achievement of first year in office

President Dr. Mohamed Muizzu has stated that the government’s most significant achievement in its first year is growing the economy without leading the country...

MTCC awarded to reclaim land for Guraidhoo Airport Development

The Maldives Transport and Contracting Company (MTCC) has been awarded the contract to reclaim the land required for the development of an airport in...

“Development bank will drive Maldives towards becoming a developed nation”

The CEO of the Development Bank of Maldives (DBM), Noel Gregor Paterson-Jones, has stated that the DBM will play a crucial role in the...

MOST READ

Maldives Sees Rise in Resort, Safari Occupancy

Statistics have shown that resort occupancy rates increased in...

Maritime, Aviation Development Key to Tourism Growth, says MACL Chief

The growth of the tourism sector is dependent on...

Minister Urges More Oversight from Four Pillars of Gov’t, People to Strengthen Decentralised Governance

The Minister of Cities, Local Government and Public Works,...

2025 to be a year of development project launches and economic recovery: The President

President Dr Mohamed Muizzu has stated that 2025 will...

Maldives Sends Condolences to Vanuatu Following Devastating Earthquake

Minister of Foreign Affairs Dr Abdulla Khaleel has sent...
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