Maldives, India Ink MoU on Using Local Currencies in Bilateral Cross-border Transactions
The Maldives and India, on Thursday, signed a memorandum of understanding (MoU) on the use of local currencies for cross-border...
Civil Society Expresses ‘Grave Concerns’ Over Constitutional Amendments
A significant collective of the civil society organisations (CSOs) in the Maldives on Thursday expressed “grave concerns” over the constitutional...
Defence Minister Attends IDEAS 2024, Meets Pakistan’s Chief of Army Staff
Maldives’ Minister of Defence, Mohamed Ghassan Maumoon, and Pakistan’s Chief of Army Staff, General Syed Asim Munir Ahmed Shah, met...
Supreme Court Considers Allowing New Evidence in Ex-President Yameen’s Retrial
The Supreme Court, at 9 am on Wednesday, initiated proceedings to decide on the state’s appeal to reconsider the High...
Parliament Rejects Motion to Expedite Amendment Banning Israeli Passport Holders
Parliament, after a floor debate on Wednesday, has rejected a motion calling to expedite an amendment to the Maldives Immigration...
National Budget 2025: US$705 Million Surge in Reserves Projected as Usable Reserves Decline
State reserves are expected to increase by US$705 million next year, spurred on by the recent change in foreign exchange...
MP Withdraws Controversial Media Bill
Abdul Hannan Aboobakuru, the Member of Parliament (MP) for Thulhaadhoo, has withdrawn his proposed ‘Maldives Media and Broadcasting Commission’ bill,...
Maldives Launches First Development Bank
President Mohamed Muizzu officially inaugurated the Development Bank of Maldives (DBM) on Saturday night. The nation’s first development bank will...
Muizzu Administration Lacks Direction, Vision: Ex-President Solih
The Mohamed Muizzu administration lacks direction and vision, former President Ibrahim Mohamed Solih has said. He was speaking during an...
Maldives’ Spending Exceeds MVR 40 Billion
The state, as of 7 November, has spent MVR 41.59 billion of the National Budget 2024, including for expenditure on...