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A digest of news and opinion from the Maldives.

Business

From Private Islands to A Barefoot Great Gatsby-themed New Year’s Eve Party, by Kanuhura Maldives

From Private Islands to A Barefoot Great Gatsby-themed New Year’s Eve Party, by Kanuhura Maldives

4 min read

Luxury resort Kanuhura Maldives rolls out its festive program, which includes bespoke festive options for luxury travellers.  Highlights of the Christmas and New Year high season include gourmet dining across its eight restaurants and bars culminating in a stunning poolside Christmas Eve gala dinner and a Great Gatsby-themed New Year’s Eve party on the beach […]

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CMDA launches Company Secretaries Training Program 2017

1 min read

Institute of Corporate Directors and secretaries of Capital Market Development Authority (CMDA) along with Women on Boards (WOB) started “Company Secretaries Training Program” aimed for those interested in the field. With 35 participants this program was started in the MME training hall on the 18 October and will go on until 19 October 2017. This […]

Palm Beach relaunched as Palm Beach Island Resort and Spa Maldives

Palm Beach relaunched as Palm Beach Island Resort and Spa Maldives

1 min read

Palm Beach Resort and Spa Maldives have relaunched as Palm Beach Island Resort and Spa Maldives under a local management. Italian operator Sun Sporting Holidays ceased operations in September 2017 citing external pressure. Palm Beach Island Resort and Spa Maldives is set on one of the largest islands in Maldives, Madhiriguraidhoo in the northern Lhaviyani […]

Abu Dhabi Fund approves loan for Maldives airport expansion

Abu Dhabi Fund approves loan for Maldives airport expansion

3 min read

A loan agreement to finance the expansion of the Maldives’ main airport was signed with the Abu Dhabi Fund for Development during President Abdulla Yameen’s official visit to the United Arab Emirates. Economic Development Minister Mohamed Saeed signed the agreement on behalf of the Maldives at a ceremony Tuesday at the Ruler’s Court in Dubai. Details […]

Government scraps domestic airports deal with Malaysian company

Government scraps domestic airports deal with Malaysian company

2 min read

The government has terminated contracts signed with Malaysia’s Gryphon Energy Corporation in March to build five domestic airports at a cost of US$57.5 million. Sami Ageel, director of the Regional Airports agency, confirmed to state media Tuesday that the deals were scrapped on September 18 because the Malaysian company – which describes itself as “incorporated with a vision to be […]

Six Michelin-hatted chefs are descending upon the Maldives

Six Michelin-hatted chefs are descending upon the Maldives

3 min read

Chef Edwin Vinke If you were planning on travelling to the Maldives in October, between the 21 and 25 October, you are in for quite the treat, in addition to the pleasures that come with being in a gorgeous island paradise, obviously. Soneva, the luxury resort group, is collaborating with Dutch chef Henk Savelberg to […]

STO signs as a platinum sponsor for Maldives Investment Forum

STO signs as a platinum sponsor for Maldives Investment Forum

1 min read

State Trading Organization (STO) has signed as a platinum sponsor for the Maldives Investment Forum (MIF), which is to be held in Dubai on 18th December 2017. The documents were officially signed by General Manager of Business Development Mr Muslih Maseeh on behalf of STO and Deputy Minister Mr Adam Thaufeeq on behalf of Ministry […]

“MTCC has done everything possible in order to protect the rights of its shareholders” – Registrar of Companies

“MTCC has done everything possible in order to protect the rights of its shareholders” – Registrar of Companies

1 min read

MTCC has done everything possible in order to protect the rights of its shareholders according to Registrar of Companies, Ms Mariyam Visam. Visam added that Maldives Transport and Contracting Company Plc is one of the most important companies to be formed in the Maldives and even during its inception, it had all the features of […]

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Maldives hosts inaugural Island Renewable Energy Initiative with IRENA in Malé

4 min read

Ministers and senior officials representing 30 countries and organizations from across the world met in Malé, Maldives, signalling the determination of small island developing states (SIDS) to strengthen global efforts to address climate change and accelerate renewable energy deployment. The inaugural meeting of the Initiative for Renewable Island Energy (IRIE) was hosted by the Government […]