Business

Jack up barge Rumailah arrives in Maldives ahead of Thilamale bridge construction

April 5, 2022, 14:51

Malé, Maldives - Ministry of National Planning, Housing and Infrastructure on Tuesday confirmed that the offshore support vessel anchored east of the capital city Malé is part of the technical… Continued

R. Fuggiri for sale despite ongoing Criminal Court case

March 31, 2022, 15:15

Malé, Maldives - Tourism Ministry today announced that the current owner of R. Fuggiri island has applied to transfer their rights to another party despite the island being the centre… Continued

Finance Ministry announces tender invitation for 200 housing units in Addu & Fuvahmulah City

March 24, 2022, 21:57

Addu City, Maldives - The Maldives Ministry of Finance announced tender invitations to build 200 housing units in S. Hithadhoo and Fuvahmulah City on Thursday. The tender was announced under… Continued

MMA files police case against Alhan Fahmy for alleged Ponzi Scheme

March 21, 2022, 21:06

Malé, Maldives - The Financial Intelligence Unit (FIU) of the Maldives central bank, Maldives Monetary Authority (MMA), filed an official police case against former parliamentarian Alhan Fahmy for the alleged… Continued

Islamic Ministry increases Nisab for Zakat al-Mal 2022

March 20, 2022, 13:50

Malé, Maldives - Ministry of Islamic Affairs on Sunday announced that the Nisab amount for Zakat al-Mal starting Thursday is MVR 7241.15. This is an increase of MVR 362.95 from… Continued

MMA issues Payment Service Provider’s Licence to four additional parties

March 19, 2022, 15:28

Malé, Maldives - Maldives Monetary Authority (MMA) has issued Payment Provider's Licenses to four additional parties on Thursday. The service providers may provide the following services under the license, VTT… Continued

Addu City Council earns MVR 1.4 million in February 2022

March 17, 2022, 18:18

Addu City, Maldives - Addu City Council on Thursday announced that the council has earned MVR 1.4 million in February 2022. The monthly financial report released by the city council… Continued

MNU invites to open four shops at Hithadhoo Campus

March 17, 2022, 18:10

Addu City, Maldives - Maldives National University (MNU) has opened bidding to open four shops at the MNU Addu City Hithadhoo campus. Interested parties are invited to submit proposals before… Continued

BML launches small grants for community organisations

March 17, 2022, 18:07

Malé, Maldives - Bank of Maldives (BML) has introduced the BML Small Grants fund as part of the series of 12 high impact monthly community initiatives to celebrate the Bank’s… Continued

Alhan to sue MMA over Ponzi allegations

March 15, 2022, 19:01

Malé, Maldives - Former Parliament Member and owner of King's Forex Trading Alhan Fahumy has decided to sue Maldives Monetary Authority (MMA) over allegations of running a Ponzi scheme. Denying… Continued