Over MVR 700 Million in SOE Loans Secured With Sovereign Guarantees
The administration has issued guarantees for loans, worth MVR 750 million, to some state-owned enterprises last year, according to the...
HDC to Nix ‘Urbanco’ Branding
The Housing Development Corporation (HDC) will cease using the ‘Urbanco’ brand name, it has been confirmed. HDC was rebranded ‘Maldives...
Malé City Council Assumes Management of Municipal Services in Hulhumalé
The government has transferred the management of municipal functions of Hulhumalé from Urbanco to Malé City Council. The decision was...
Government Denies Switching Hulhumalé Phase III Plots to Fushidhiggaru
The administration has denied allegations that it has decided to substitute land plots given to those in Hulhumalé Phase III...
Urbanco Mandates Parking for Residential Buildings in Hulhumale’
Urbanco has revised the building regulations for residential units in Hulhumale’, now requiring the provision of parking spaces within the...
Urbanco Puts Prime Land in Hulhumale’ Out To Bid for Luxury Real Estate
Urbanco has invited proposals for the construction and sale of luxury residential buildings on five plots of land in Hulhumale’....
