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Maldives Aims to Become a Leading Islamic Finance Hub Through Digital Innovation
he Maldives is taking bold steps to transform itself into a key financial center specialising in Islamic finance, powered by digital economic reforms. President Dr. Mohamed Muizzu unveiled this ambitious vision during the launch of the Maldives Islamic Social Finance Initiative, signalling a new chapter in the nation’s economic strategy.

World Salesman
May 172 min read
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Celebrating Fiscal Responsibility and Infrastructure Development: President Dr. Mohamed Muizzu's Milestone Achievements
In a commendable display of fiscal prudence and strategic development, President Dr. Mohamed Muizzu has highlighted his government's notable

Ab Latheef Ab Azeez
Jun 25, 20242 min read
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Ahmed Siyam Seeks Government Loan Guarantee for Spectacular Resort Venture
Siyam, known for his visionary projects, has officially petitioned the government for a substantial loan guarantee of USD 165 million to rea

World Salesman
Apr 24, 20242 min read
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Maldives Ports Limited Implements Dollar Payments for Stevedoring Fees: A Move Towards Economic Stability
In a strategic move aimed at addressing currency shortages and boosting revenue, Maldives Ports Limited (MPL) has announced significant chan

World Salesman
Apr 4, 20242 min read
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Velana Airport Achieves Record-Breaking Arrival Numbers!
In an unprecedented feat, Velana Airport proudly announces a historic milestone with over 10,386 passengers arriving in a single day. This r

World Salesman
Feb 11, 20241 min read
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STO's Resilience Shines Through Challenging Economic Landscape
In a recent announcement of its fourth-quarter financial results, the State Trading Organisation (STO) showcased remarkable resilience in na

World Salesman
Feb 3, 20242 min read
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Expanding Horizons: The Evolution of Sino-Maldivian Relations Through 20 Key Agreements
The depth and breadth of these twenty agreements symbolize the unwavering commitment of the Republic of Maldives and the People's Republic o

World Salesman
Jan 10, 20242 min read
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Maldives Rings in 2024 with President Muizzu's Vision for Progress
In his address, the President underscored the pivotal role of stability and mutual understanding in propelling the nation towards further de

World Salesman
Jan 1, 20241 min read
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Hulhumale' Reclamation Project Enters New Phase Amidst Policy Shifts
As Phase 3 gains momentum, the forthcoming changes in land allocation policies signal a commitment to fostering a community-centric approach

World Salesman
Dec 30, 20232 min read
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Maldives Ports Limited (MPL) Mulls Relocating Male' Commercial Harbour to Thilafushi
The initiative to relocate the bustling commercial harbor away from Male' has been a recurring objective across successive governmental admi

World Salesman
Dec 5, 20231 min read
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Maldives Requests Withdrawal of Indian Military Personnel Amidst Bilateral Discussions
This formal request for the withdrawal of Indian military personnel amidst ongoing collaborative efforts underscores the nuanced dynamics of

World Salesman
Nov 19, 20231 min read
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Extending Warm Congratulations to President Dr. Mohamed Muizzu on Inauguration
As the Maldives embarks on this transformative journey under President Dr. Muizzu's guidance, the nation stands united, firmly supporting

World Salesman
Nov 17, 20232 min read
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UNICEF Boosts Maldives' Immunization Drive with Generous Vaccine Donation
As the Maldives receives this substantial vaccine donation, it signifies a step forward in the ongoing battle against preventable diseases.

World Salesman
Nov 12, 20231 min read
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Maldivian National Arrested with Firearm at Bandaranaike International Airport
As the investigation unfolds, questions arise about the circumstances that led to the Maldivian national carrying a firearm, emphasizing the

World Salesman
Nov 12, 20232 min read
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SpaceX's Starlink Launches High-Speed Internet Services in the Maldives
As the Maldives embraces Starlink's cutting-edge technology, the nation anticipates a significant leap in internet connectivity, ushering in

World Salesman
Nov 10, 20232 min read
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Ex-Maldives President Urges Gaza Ceasefire, Warns of Global Backlash
Nasheed's statement comes at a critical juncture in the ongoing conflict in Gaza, as world leaders and global citizens increasingly condemn

World Salesman
Nov 9, 20231 min read
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Maldives Declares Whale Sharks as Protected Species Under Environmental Act
In a landmark decision, the President of the Maldives, Ibrahim Mohamed Solih, has announced the official protection of whale sharks in the

World Salesman
Nov 8, 20232 min read
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Maldives Condemns Israeli Minister's Gaza Nuclear Remark
In a strongly worded response to recent controversial remarks made by Israeli Heritage Minister Amihay Eliyahu, the Maldivian government has

World Salesman
Nov 7, 20231 min read
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Maldives Economic Trends: Recovery in Key Sectors During Q3-2023
The Maldives Monetary Authority (MMA) recently released its Quarterly Business Survey for the Third Quarter of 2023, providing insights into

World Salesman
Nov 1, 20232 min read
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President-elect Dr. Mohamed Muizzu's Swearing-In Ceremony Set to Cost MVR 22.9 Million
In a recent announcement, it has been revealed that the swearing-in ceremony of President-elect Dr. Mohamed Muizzu and Vice President-elect

World Salesman
Oct 30, 20231 min read
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