Fenaka Struggles to Deliver Solution as Addu Water Outage Enters Third Day
Fenaka Corporation has said that it is working to deliver an additional variable frequency drive (VFD) to Addu as residents...
STO Reduces Diesel, Petrol Prices
The State Trading Organization (STO), responsible for the majority of fuel imports into the country, has announced a reduction in...
Finance Ministry Looks to Hire SOE Consultant
The Ministry of Finance has announced that it is seeking a consultant to strengthen and develop state-owned enterprises (SOE)s. Interested...
Mughnee Withdrawn From PCB Consideration, Will Serve Elsewhere: Khaleel
Hassan Mughnee has been withdrawn from consideration for the Privatization and Corporatization Board (PCB). Minister at the President’s Office for...
Shimad Ibrahim Named STO’s New CEO and MD
Shimad Ibrahim has been appointed Chief Executive Officer (CEO) and Managing Director (MD) at State Trading Organization (STO). The STO...
Fisheries, Finance Ministries Consult on Outstanding Dues to Fishermen
The Ministry of Fisheries and Ocean Resources, and the Ministry of Finance have been in consultations to arrange the payment...
Ayady Takaful Begins Accepting Surplus Applications From Policyholders
Allied Insurance Company’s Islamic window, Ayady Takaful, has announced the distribution of surplus for the year 2021. The board of...
President Appoints Members to PCB
President Mohamed Muizzu on Wednesday appointed three members to fill vacancies at the Privatization and Corporatization Board (PCB). The members...
World Bank Urges Maldives to Implement Immediate Fiscal Reforms
The Maldives faces significant economic risks from rising spending, high debt, and external shocks, despite a projected 6.5 percent growth...
