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The Malé City Council has published details of land and property leases in Malé and Villimalé, revealing instances where land has been allocated in ways that raise concerns about equitable business practices. Under the Decentralisation of Administrative Areas Act, city councils are required to...
Rasheed Carpentry and Constructions (RCC), owned by Maafannu North MP and MNP President Mohamed Nazim, has received the contract to construct the Dhaaru Salaam Waqf building in Hulhumalé. A signing ceremony was held at the Islamic Centre. Islamic Minister Dr Mohamed Shaheem Ali Saeed signed on...
flydubai has signed a Memorandum of Understanding (MoU) with Airbus for 150 A321neo aircraft making the airline a new Airbus customer. The agreement underscores the carrier’s confidence in Dubai’s growth plans. His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of flydubai, signed the MoU...
Some residents moving into the newly completed Hulhumalé Phase 2 housing towers built by Fahi Dhiriulhun Corporation have begun expressing concerns about cracks appearing across several units, according to a report by local daily Mihaaru. FDC has confirmed that the issues are minor, non structural,...
The Maldives Monetary Authority (MMA) has cautioned that salary hikes in all sectors at once would strain the financing market, urging the government to implement increases in a phased and structured manner. Speaking before the Parliament’s Budget Review Committee on Saturday, MMA Governor Ahmed...
The Bank of Maldives (BML) on Thursday signed a land acquisition agreement with the Ministry of Housing to develop 3,000 housing units under the government’s new national housing initiative. The Cabinet last month approved the launch of the Inclusive National Affordable Housing Scheme. Following...
Bank of Maldives (BML) has introduced PayMV QR codes, enabling customers to transfer funds instantly and securely through the BML Mobile Banking app. The new feature marks a major step in modernizing digital payments across the Maldives. With the launch, BML becomes the first financial institution...
Bank of Maldives has introduced WhatsApp as a new channel for receiving One-Time Passwords (OTPs), marking another step forward in the bank’s digital innovation drive. The feature enables customers to securely receive OTPs through WhatsApp on their registered mobile numbers, improving both...
The Ministry of Finance has announced that 206 development projects awarded to 53 private Maldivian contractors on Thursday are worth a total of MVR 2.7 billion. The agreements were signed at a ceremony held at Barceló Nasandhura in Malé. The projects will be implemented on a contractor-finance...
Maldives Transport and Contracting Company (MTCC) marked a strong presence at the opening of VARA Expo 2025, welcoming Hon. First Lady Saajidha Mohamed to its exhibition stall on the first day of the event. The company’s representatives engaged with numerous potential candidates, highlighting...
President Dr Mohamed Muizzu has reaffirmed his commitment to construct the bridge connecting Hulhudhoo, Meedhoo, and Hithadhoo in Addu City, announcing that a Chinese company has been appointed to develop the complete bridge design following an international tender process. The President made the...
The Bank of Maldives (BML) today reinforced its commitment to the southern atoll region of Addu through a multi-pronged expansion initiative aimed at enhancing customer access and supporting regional economic growth. At its Hithadhoo branch, BML officially opened a newly upgraded Customer Service...