News

Customs busts drug smuggler with MVR 6 million worth heroine

April 14, 2023, 10:07

MAL´E, MALDIVES - Maldives Customs Service on Thursday announced that a man carrying large amount of drugs into the country was intercepted at the airport. Authorities have since confirmed that… Continued

Projects will go ahead even if AFCONS is sold: Gov’t

April 13, 2023, 14:15

Malé, Maldives - The sale of AFCONS Infrastructure will not affect the company's projects in Maldives, the government said today. Indian medias have reported that Shapoorji Pallonji (SP) Group is… Continued

SP Group to sell its holdings in AFCONS Infrastructure Ltd

April 12, 2023, 21:58

India - Shapoorji Pallonji Group, controlled by billionaire Shapoor Mistry, is working with an adviser to seek buyer for its holdings in Afcons Infrastructure Ltd., a Mumbai-based infrastructure construction company.… Continued

Government could not win popular support: Amru

April 12, 2023, 08:47

Malé, Maldives - Former STO Managing Director Hussain Amru has said that the government of President Ibrahim Mohammed Solih has no support from the people even as his term of… Continued

High Court quashes order for Yameen to pay MVR 52 million

April 11, 2023, 20:51

Malé, Maldives - The High Court today quashed the Criminal Court's order against former President Abdullah Yameen to pay USD 3,413,230 (MVR 52 million) to the state. Yameen, who is… Continued

Emergency motion on FENAKA debt issue kicked out of parliament

April 11, 2023, 12:02

Malé, Maldives - The oppositions emergency motion in the case of debts owed by FENAKA to various local companies has been kicked out of Parliament today. Maduvari MP and PNC… Continued

Safari Rape Case: Court dismisses Shan’s case citing lack of evidence

April 10, 2023, 16:07

Malé, Maldives - The Hulhumalé Magistrate's Court has dismissed the case of a foreign woman who was allegedly sexually assaulted on a safari in the Hulhumalé bay. In June, 2020,… Continued

MTD nominates committee to discuss JP’s invitation for coalition

April 10, 2023, 07:55

Malé, Maldives - Former Vice President Ahmed Adeeb's Maldives Third Way Democrats (MTD) has formed a committee to discuss the invitation of the Jumhuree Party (JP) to form a coalition… Continued

Mahloof’s corruption charges to be withdrawn

April 9, 2023, 09:34

Malé, Maldives - The Prosecutor General’s Office (PG) has decided to withdraw the corruption charges against Youth Minister Ahmed Mahloof, who allegedly benefited from the MMPRC scam. According to the… Continued

CMDA advises to avoid investing in funds not registered with the authority

April 9, 2023, 08:14

Malé, Maldives - The Capital Market Development Authority (CMDA) has again advised against investing in funds that are not registered with the CMDA. CMDA has issued another such appeal at… Continued