A digest of news and opinion from the Maldives.
Apollo Holdings is set to begin the construction of 1000 flats in Hulhumale’ this month, in accordance with the agreement with Housing Development Corporation (HDC). Apollo proposed to build four different categories of flats in Hulhumale’, according to HDC. The designs and financing of the project is covered by Apollo Holdings. The brand new flats […]
Voyages Maldives has announced a special offer to rediscover Vaavu Atoll at its best. Enjoy a WOW experience with special rates on Voyages Maldives safari boats for Maldivians and work permit holders. You can book now a cruise trip for 4 days and 3 nights, for just MVR 3,500 per person (minimum 6 people). Under this package, […]
Bank of Maldives (BML) has announced its decision to close two of its branches in Male’ City. The Velana International Airport branch and the Bazaar branch will be closed from 22nd December 2020. According to the bank, although the branches will be closed, ATM services will remain available, as well as services from foreign exchange […]
Leading local insurance company, Dhivehi Insurance Company offers specialized and flexible solutions to meet the construction industry’s insurance requirements. Whether it’s a commercial, residential, or civil engineering project, Dhivehi Insurance has got you covered. Dhivehi Insurance is the leading construction and engineering insurer in the Maldives, with high profile projects and top contractors among its […]
Housing Development Corporation (HDC) is seeking interested parties for the lease of a unit for the provision of a mini-mart or convenience store in Lot 11441 (One Avenue) in Hulhumale’. The unit identified for the project is Lot 11441, measuring an area of 1726.74 sqft. Proposals must be submitted no later than 14:00 hrs on […]
As part of the “Power Up Your Potential” series, Villa College is hosting a webinar on engineering as a career. The online panel discussion is scheduled to take place on 17th December 2020, at 1700hrs via Zoom. The moderator for the webinar is the Marketing Officer of Villa College, Mohamed Eeman Ahmed. Panellists for the […]
The Maldives-Sri Lanka Cable (MSC), has successfully landed in the Maldives, connecting the coastal areas of Colombo to Hulhumale’. This cable is a system composed of a Wavelength Division Multiplexing (WDM) subsystem and an 863-kilometre fibre optic cable. The MSC is being deployed as per a tripartite agreement between Dhiraagu Plc, Ooredoo Maldives Plc and […]
Ministry of Fisheries, Marine Resources and Agriculture has announced that B. Maaddoo will no longer be released for agricultural purposes. Earlier last month, the Ministry announced that B. Maaddoo along with 5 other islands will be leased for agricultural purposes. However, the Ministry has revealed its decision to retract B. Maaddoo from the list and […]
The Ministry of Islamic Affairs has increased the minimum set amount of income or ‘Nisab’ that one must earn before having to pay Zakat Al-Mal. Nisab is considered the minimum amount that a Muslim must earn before they are obliged to pay zakat. From December 2019 to December 2020, the set Nisab amount for Zakat […]