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The latest headlines, context, and expert insights from our education desk.
STELCO is offering scholarships for higher education in engineering through its "Merit-Based Engineering Scholarship" program. The scholarship provides three opportunities for a bachelor’s degree in the UK: This scholarship covers a variety of expenses, including course fees, stipends, visa fees,...
The Male' City Council has awarded a contract to UH Investment Pvt Ltd for the demolition of the current stage at Alimas Carnival and the construction of a modern, new stage. The contract, valued at MVR 4.8 million, was finalized on Friday, with a set completion date for the end of July this year,...
The new backup powerhouse in Hulhumale', designed to meet the peak electricity demand, was officially inaugurated last night by STELCO’s Managing Director, Hussain Fahmy. Located in Hulhumale' Phase 2, the powerhouse—known as Annex 2—occupies a 48,000 square-foot area. STELCO’s dedicated team...
A private company’s registration has been revoked, and permission has been granted to destroy locally produced cigarettes after a police operation uncovered illegal tobacco manufacturing. On January 30, 2025, following a tip-off, police raided a premises in Henveiru Hulhugali. Acting on a court...
MIFCO has unveiled a significant project worth USD 65 million (MVR 1 billion), financed by the Islamic Development Fund. This initiative is designed to boost the fisheries sector's capacity in the Maldives through a combination of improved services, equipment purchases, and expert consulting. Cold...
At the end of February, the Maldives' usable reserves reached USD 179 million, reflecting a rise of USD 63 million compared to January's total of USD 116 million, as reported by the Maldives Monetary Authority (MMA). The largest increase in reserves last year occurred in February, when they...
The airport development project in Gdh. Thinadhoo has been delayed due to the contractor's failure to submit the necessary reports. During a visit to the island in February 2024, President Dr. Mohamed Muizzu and Construction Minister Dr. Abdulla Muthhalib signed a Memorandum of Understanding (MoU)...
Euro Marketing has made a second payment of MVR seven million to investors in its bond, continuing its commitment to those who invested in the company’s bond offering. On December 29, 2022, Euro Marketing launched a bond issue to raise funds for the construction of a cold storage facility in...
The Maldives Food and Drug Authority (MFDA) has banned the import and sale of the Master Foods brand creamy chicken and mushroom cooking sauce. A statement issued last night explained that the sauce, produced by Mars Australia Pvt Ltd, contains eggs but does not provide allergen information on its...
A new 1.8 MW generator is scheduled to arrive in Addu City next week as part of ongoing efforts to resolve the persistent power outages affecting the connected islands of Addu. Previously, on January 17, 2025, Fenaka Corporation delivered a 1.8 MW generator under an agreement with STELCO, but...
The Bank of Maldives (BML) has partnered with STO to introduce the "Ran Furusathu" promotion, which rewards customers who make purchases using BML cards at STO locations. This weekly promotion, which started on February 23, 2025, will run until February 28, 2025, with two fortunate winners each...
STELCO is set to deploy 350 staff members tomorrow to complete electricity meter readings throughout the Male' area in just one day. In a press briefing, STELCO's General Manager Mohamed Saleem announced that the next round of meter readings will take place on March 30, following Ramadan. The...