Ex-Finance Minister Warns Rasmalé Advance from Reserves Risks National Bankruptcy
Former Finance Minister Ibrahim Ameer has urged the Ministry of Finance and the Maldives Monetary Authority (MMA) not to follow...
Government Plans $600M Loan After Rasmalé Financing U-Turn
The government has reversed its earlier contractor-financing model for the Rasmalé project and is now planning to raise US$600 million...
Saudi Ambassador Presents Credentials to President Muizzu
Saudi Arabia’s newly appointed ambassador to the Maldives, Yahya Hassan Alhqahtani, presented his letter of credence to President Mohamed Muizzu...
Official Reserves Fall by $40.5 Million in May
The Maldives’ official reserves fell by $40.5 million in May, latest central bank figures showed, as the country continues to...
Ahmed Thariq Submits Bid for FAM Presidency With Backing From 23 Clubs
Former national football team striker and current lawmaker Ahmed Thariq, widely known as Tom, has submitted his candidacy for the...
Muizzu Seeks Powers to Call Referendums, Electoral System Overhaul
The government has submitted a bill to Parliament that would establish a legal framework for holding national referendums as part...
Muizzu Orders Advance Payment for Rasmalé Reclamation from State Reserves or Indian Swap Facility
President Mohamed Muizzu has directed the Finance Ministry to make an advance payment for the stalled reclamation work at Fushidhiggaru...
Education Ministry Slammed Over Directive to Stand and Smile for Minister
The Education Ministry has come under public criticism after an internal email instructed staff to stand and greet Minister Ismail...
Electricity, Food Prices Push Inflation to 4.55% in May
Consumer prices in the Maldives rose 4.55 percent in May compared to the same month last year, according to data...
Nasheed Urges Tender Process for Hanimaadhoo Airport Amid Adani Allegations
Former President Mohamed Nasheed has called for the operation of Hanimaadhoo International Airport to be awarded through an open tender...
