BML Ordered to Pay MVR 600K for Wrongful Termination
The Employment Tribunal has ruled in favour of a former Bank of Maldives (BML) employee, ordering reinstatement and a payment...
MACL Employees to Receive Annual Bonuses of MVR 25,000
The Maldives Airport Company Limited (MACL) has announced its decision to grant annual bonuses of MVR25,000 to each of its...
STO, Urbacon Collaborate on Maldives Bunkering Facility
State Trading Organisation (STO) has joined forces with Qatar’s Urbacon Trading and Contracting to set up a bunkering facility within...
MSS to Start Transshipment Service to Hithadhoo Port With New Ship
The Maldives State Shipping (MSS) has acquired a container carrier to start transshipment service to Hithadhoo Regional Port in Addu...
Rocket Factory Augsburg AG Secures €30m Investment
As global demand for access to space surges, space launch service provider Rocket Factory Augsburg AG (RFA), on 7 August,...
Government Obtains €50M Budget Support Loan from Private Entity
Records from the Ministry of Finance have revealed that the government has secured a €50 million loan (equivalent to MVR...
Saudi Arabia Includes Maldives in Visitor E-Visa Scheme
In a bid to enhance tourism and foster people-to-people relations, the Saudi Arabian government on Sunday expanded the visitor e-visa...
Hoarafushi Airport Launches 24-Hour Operations
Hoarafushi Airport, operated by Regional Airports Company Limited (RACL), celebrated its official inauguration of 24-hour operations with its first-ever night...
Worldcoin Expands Global Footprint
Worldcoin, the brainchild of OpenAI CEO Sam Altman, is poised to broaden its footprint on a global scale, aiming to...
Tesla to Meet with Indian Govt to Discuss Plans for EV Factory
Tesla’s plans to build a factory in India to produce a new low-cost electric vehicle (EV) have taken a significant...
