A digest of news and opinion from the Maldives.
Featured Image: Ahmed Riza The basis of contemporary Islamic banking and finance is rooted back to the time of the Prophet (s.a.w). Prophet Muhammad (s.a.w)’s first wife, Khadijah, was a merchant. He acted as an agent for her business, using many of the principles used in modern Islamic banking. During the Medieval Period (till 15th […]
Maldives Industrial Fisheries Company (MIFCO) has started Fasmeeru promotion targeted for Al’Haa Eid for this year till 23rd July. The promotion offers special retail prices for Felivaru canned tuna both in-brine and in-oil. The prices for Felivaru canned tuna in oil for 24 can and 48 can case are MVR 320 and MVR 640 respectively […]
Ooredoo Maldives announced that they are hosting a Webinar, in partnership with Huawei for business in the Maldives on how they can adapt to the New Normal with Technology. The webinar will be held on 6th July from 11am – 12pm. Ooredoo Maldives MD & CEO, Mr. Najib Khan will be giving an opening note, […]
BKA Investment is a building and Construction company registered in 2013. In recent years, the company has completed numerous works relating to building and construction areas ranging from multi-story building, resort construction, Estates, Industrial building, Mass Projects, Renovation Projects, Plumbing, and Sanitary work. The company also provides Fire security system designing and installing works. The […]
Ministry of Tourism is looking forward to allowing Guesthouses and Hotels in Male’, Hulhumale’ and Villimale’ to be used for transit purposes from July 15, 2020, under special consideration. As the Maldives moves forward after the COVID-19 pandemic, adjusting to a new normal and getting ready to restart the economy, and open the international border […]
Supply.mv is set to launch the Maldives’ first virtual B2B Expo on the 1st of July 2020. The event is set to proceed until the 31st of August 2020. “With the current public health crisis disallowing physical events, we feel that this event is especially essential to businesses right now. As the economy reopens, and […]
Medtech Maldives has reportedly imported 20 ICU ventilators into the Maldives. These are the 20 more ventilators that had been imported after the company was awarded a contract to import 50 ventilators. 18 were imported on the 10th of May, 2020. The 20 ventilators imported were said to be produced by a US company, GE […]
Maldives Transport and Contracting Company (MTCC) has initiated the construction and development of major roads of Baa Atoll Eydhafushi. The project involves the development of 17 main roads of 17,785 sqm, a stormwater management system to prevent flooding of roads for a clean and safe environment along with gravity pipe networks, cement stabilized base course, […]
Plans for council housing scheme have been revealed by Housing and Planning Minister Mohamed Aslam. He also states that he does not wish to maintain the Housing Ministry as an owner of Real Estate and that his thinking is more towards Council Housing. Speaking at Government Oversight Committee at Majlis, Aslam stated that the Housing […]