Government Pays Out US$50 Million on Treasury Bill to SBI
The Maldives has paid out US$50 million (MVR 771 million) to the State Bank of India (SBI) on a Treasury...
China Committed to Providing US$130 Million Worth of Grant Aid to Maldives: Muizzu
China will provide nearly US$130 million in grant aid to the Maldives, President Mohamed Muizzu confirmed on Saturday. “Agreements were...
MIRA Collects Over MVR 24 Billion in Revenue for 2023, Exceeds Projections by 6.5%
The Maldives Inland Revenue Authority (MIRA) collected MVR 24.7 billion for the state in 2023, according to data released by...
RACL Will Provide All Services to Travellers: Mubeen
Ahmed Mubeen, the Managing Director of Regional Airports Company Limited (RACL), has reaffirmed the company’s commitment to meeting all services...
Maldives Assigns China’s CMEC to Provide Infrastructure, Basic Utilities at Ras Malé, Gulhifalhu
The Maldives government has signed an agreement with Chinese company China Machinery Engineering Corporation (CMEC) to provide basic utilities in...
Severe Weather Wrecks Manta Air Seaplane
A Manta Air seaplane sustained extensive damage amid severe weather that battered the Maldives on Wednesday. Multiple weather alerts were...
Maldives to Launch Publicity Push to Draw China Back to Top Spot in Tourist Arrivals
Minister of Tourism Ibrahim Faisal has said that discussions are underway with more airlines to increase promotions targeting travellers from...
Handover of Flats on Hold Until ACC Completes Inquiry
The Ministry of Housing, Land, and Urban Development has stated that registries of the first round of flats, which were...
Fishermen Paid MVR 276 Million, Outstanding Dues Still Remain
Fishermen have been paid MVR 276 million by the Maldives Industrial Fisheries Company (MIFCO), Minister of Fisheries and Ocean Resources...
Maldives Inks MoU With China to Develop 30,000 Housing Units at Ras Malé
The Maldives and China have signed a Memorandum of Understanding on the construction of 30,000 housing units at Ras Malé....
