Maldives to Organise Special Tourism Investment Forums to Attract Foreign Investors
The Mohamed Muizzu administration has announced plans to organise special forums aimed at attracting foreign investments to bolster the country’s…
Pulse Hotels and Resorts Launches First-Of-Its-Kind Residential Project Alongside Kandima Maldives Resort
Pulse Hotels and Resorts has launched ‘The Coral Residence,’ a residential project being developed on Kandima Island in Dhaalu Atoll….
MP Siyam Seeks Sovereign Guarantee for US$165 Million Resort Project
Businessman and Member of Parliament, Ahmed Siyam Mohamed, has once again approached the government for a sovereign guarantee to secure…
Maldives To Boost Tourism With 20 New Resorts in 2024
The government has unveiled an ambitious plan to augment the current capacity of 61,518 beds in the tourism sector by…
Maldives Loses US$1.7 Billion Annually Due to Non Performing Resort Developments
The Maldivian economy is losing an estimated US$1.7 billion (MVR 26 billion) every year due to work not being completed…
Tourism Ministry Adds One More Island for Resort Development
The Ministry of Tourism has amended its invitation for bids (IFBs) dated 21 August for the lease, development, operation, and…
Mohan Mutha Group to Develop US$30M Wellness Resort in Maldives
India’s Mohan Mutha Group is set to develop a US$30 million all-vegan-vegetarian, no alcohol, wellness resort on Vaadhoo Island in…
Infinite Maldives by Cocoon Collection Set to Go on Sale in September
Crystal Property Group (CPG), The Cocoon Collection (TCC), and Bison Group have joined forces to build a pioneering luxury resort…
