Ooredoo promotes Maldives in Kuwait
Male', Maldives - Ooredoo has launched their “Visit Maldives Now” campaign in Kuwait, where they have a market share of over 2.5 million. Ooredoo Kuwait announced an exciting chance to… Continued
Business
MTCC reports highest ever revenue and profit generated in 40 years
Male', Maldives - Despite the negative impact on some profit making divisions due to the pandemic, in 2020, MTCC recorded the highest revenue and profit figures in its 40 years… Continued
BML expands deposit and payment services with 100 more cash agents
Male', Maldives -Bank of Maldives (BML) has revealed today that they will expand their deposit and payment services with an additional 100 cash agents throughout the Maldives. Cash Agents were… Continued
Dhiraagu profits soar by 19% in final quarter of 2020
Male', Maldives - Dhiraagu generated a Net Profit of MVR 188 million in fourth quarter (Q4) of 2020, a 19% increase compared to Q3 of 2020 Revenue generated in Q4… Continued
Ooredoo generates a profit of MVR 407 million in 2020
Male', Maldives - Ooredoo Maldives has released its fourth quarterly report for the year ended 2020. Ooredoo reported MVR 402 million in revenue in the fourth quarter (Q4) of 2020.… Continued
BML reports net loss of MVR 326 million in the fourth quarter of 2020
Bank of Maldives (BML) has released its fourth quarterly report for the year ended 2020. The fourth quarter (Q4) of 2020 generated a gross income of MVR 728 million and… Continued
STO saw a 15% increase in profits in the final quarter of 2020
The Quarterly Report for the fourth quarter of 2020 of State Trading Organization PLC (STO) has been released on the company’s website. The fourth quarter (Q4) of 2020 of STO… Continued
Total government debt (excluding gov guaranteed debt) at MVR 63.6 billion – MMA
Malé, Maldives - According to the Economic Update released by Maldives Monetary Authority, the total government debt (excluding government guaranteed debt) amounted to MVR 63.6 billion at the end of… Continued
Saudi Arabia unveils THE LINE – A city of million residents with zero carbon emissions
NEOM, Saudi Arabia - Saudi Arabia's newly unveiled smart city 'THE LINE' has promised a pedestrian-first approach which ensures communities are built around people, not cars, with essential services and… Continued
Government seeks parties to develop four airports in the Maldives
Male', Maldives - The government of Maldives has made an announcement on Thursday night, opening up the opportunity for interested parties, to develop four airports in the country. According to… Continued
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