Business

President Muizzu Launches Financing Facility for Young Entrepreneurs

President Dr Mohamed Muizzu has launched the Youth Entrepreneurship Financing Facility, a scheme designed to help young Maldivians secure the capital needed to start...

President Muizzu’s Vision Delivers PayPal to Maldives, Unlocking a New Era of Opportunity

The arrival of PayPal in the Maldives stands as a landmark achievement of President Dr. Mohamed Muizzu's leadership, with a global financial giant placing...

President Muizzu: PayPal Launch Clears the Way for Maldivians to Compete Worldwide

President Dr. Mohamed Muizzu has urged Maldivian creators and innovators to seize a newly opened path to establish themselves in international markets, following the...

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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