Three Banks Join Central Bank’s Instant Payment System
In a significant development for the Maldivian financial sector, three local banks have signed an agreement with the Maldives Monetary...
Innovation in EVs Expected to Impact Copper Demand Growth
The rapid growth of electric vehicles (EVs), led by China, has driven increased demand for copper in recent years. However,...
Threads: Meta’s Twitter Rival Goes Viral
Threads, Meta’s rival to Twitter, has sent seismic waves through the social media landscape, amassing over 70 million worldwide downloads...
HRIM, Finnish Firm Sign Deal to Develop Luxury Floating Villas in Maldives
Hotels and Resorts Investment Maldives (HRIM) has joined forces with Finland’s Meyer Floating Solutions in a groundbreaking venture to develop...
Maldives Anticipates Significant Surge in Tourist Arrivals
Recent data released by the Tourism Ministry has shown a significant upswing in tourist arrivals in the Maldives this year,...
Afcons Sets New Benchmark With India’s Longest Railway Tunnel
Afcons Infrastructure Limited (Afcons), a prominent infrastructure company in India, has achieved a significant milestone in the Udhampur Srinagar Baramulla...
Fly Beond Readies for Take Off in September
Fly Beond, a luxury carrier based in the Maldives, is gearing up to launch its operations with direct flights from...
Tesla Deliveries Hit Record in Q2
Electric vehicle (EV) pioneer, Tesla, achieved a milestone in the second quarter of 2023, reporting a top-tier number of vehicle...
Hilton Maldives Amingiri Prepares to Celebrate First Anniversary
Hilton Maldives Amingiri Resort & Spa, the flagship resort of Hilton in the Maldives, is set to celebrate its first...
MTCC Readies for Harbour Projects in Noomaraa and Eydhafushi
The Maldives Transport and Contracting Company (MTCC) has commenced preparations for mobilising harbour development projects in Noomaraa, Shaviyani Atoll, and...
