Maldives Signs Development Agreements With Dubai’s IFZA
The Maldives government has entered into development agreements with the International Free Zone Authority (IFZA), based in Dubai, to enhance...
Initiating Fiscal Reforms Essential to Maldives’ Sustained Economic Growth: World Bank
The World Bank has called for the urgent implementation of the Maldive’s planned financial reforms, saying such action is essential...
MFMC to Develop 14 Islands in Gaafaru Lagoon for Private Real Estate
The Maldives Fund Management Corporation (MFMC) signed a formal agreement with Atoll Works Private Limited on Wednesday for a comprehensive...
Maldives’ Fish Exports Decline 48% in Q1
The Maldives’ fish exports fell 48 percent in the first quarter (Q1) this year compared to the same period last...
Apple’s iPhone Sales Decline Across Global Markets Except Europe
Apple Inc. has reported a decline in iPhone sales across nearly all global markets, excluding Europe, in the latest quarterly...
Garmin Q1 Earnings Beat Expectations
Garmin, the Swiss navigation device maker, surpassed Wall Street estimates for its first-quarter results, showcasing a stellar performance driven by...
STO Revenue Hits MVR 4.49 Billion in Q1
The State Trading Organization (STO) exceeded individual earnings in all quarters of 2023, reporting a first quarter (Q1) revenue of...
Maldives-Türkiye FTA to Provide Preferential Access and Concessions for Maldivian Exporters: Minister Saeed
The Mohamed Muizzu administration has proposed, during negotiations of a bilateral Free Trade Agreement (FTA), to cut tariffs on 214...
Maldives Experiences Change in Tourism Dynamics Amid Regional Diplomatic Tensions
The Maldives has observed a significant transformation in its tourism sector, with changes in source markets for visitors amidst evolving...
BML Reports Record MVR 2.07 Billion Profit, Board Recommends Highest-Ever MVR 50 Per Share Dividend Payout
Bank of Maldives (BML) recorded its best-ever performance in 2023 with profit after tax at MVR 2.07 billion, the bank...
