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A digest of news and opinion from the Maldives.

MTCC begins selling their shares throughout Maldives

MTCC begins selling their shares throughout Maldives

2 min read

In order to obtain over MVR 304 million, MTCC has begun to sell their shares throughout Maldives under their rights issue. MTCC will be selling their shares in Male’ on the 3rd floor of MTCC Tower. By officially launching MTCC Rights Issue, General Manager Ismail Aduham said that over 9 teams will be actively taking […]

Soneva Fushi signs agreement with UNDP to support SDGs in Maldives

Soneva Fushi signs agreement with UNDP to support SDGs in Maldives

2 min read

Photo: UNDP Maldives Facebook Soneva Fushi has pledged to support the implementation of the Sustainable Development Goals in Maldives, by signing an agreement with UNDP The agreement was signed by UN Resident Coordinator and UNDO Resident Representative to the Maldives, Shoko Noda and Founder, Chairman and CEO of Soneva Group, Sonu Shivdasani. This partnership will […]

Members of SAI, a Japanese traditional drum group, pictured during their concert at the Republic Square, Male, on October 16, 2017. PHOTO: HUSSAIN WAHEED/MIHAARU

Japan-Maldives hail 50 years of diplomacy to the beat of Wadaiko drums

6 min read

Members of SAI, a Japanese traditional drum group, pictured during their concert at the Republic Square, Male, on October 16, 2017. PHOTO: HUSSAIN WAHEED/MIHAARU The first beats of the drums, which resonate loud and thundering across the Republic Square, are enough to draw the eye of everyone in the vicinity. There is already a crowd […]

Police escorting expat

Expat gets stabbed in capital Male

1 min read

The police escorting the expat who was stabbed to the hospital in a police car — An expat was violently attacked with a sharp object late on Wednesday night. According to a witness, the foreign national was stabbed in the head with a sharp object at the Artifical Beach area in capital Male. The witness […]

Anti-graft watchdog seeks charges against Fenaka official

Anti-graft watchdog seeks charges against Fenaka official

2 min read

The anti-corruption watchdog has asked the Prosecutor General’s office to press charges against a senior official of a state-owned utility company over allegations of corruption and mismanagement. The Anti-Corruption Commission is seeking charges against the procurement department director of Fenaka Corporation for allegedly providing undue benefit to private parties in purchasing diesel for the company. […]

MTCC appoints Maldives Securities Depository (MSD) as the service agent for Rights Issue

MTCC appoints Maldives Securities Depository (MSD) as the service agent for Rights Issue

2 min read

Maldives Transport and Contracting Company (MTCC) signed an agreement with Maldives Securities Depository (MSD) whereby MSD was appointed as the service agent for MTCC Rights Issue. According to this agreement, MSD will be responsible for looking after Rights Issue process. Through MSD, the Rights Issue communication between shareholders will be carried out more resourcefully. Some […]

Condé Nast Traveler crowns Naladhu Maldives as best resort in the world

Condé Nast Traveler crowns Naladhu Maldives as best resort in the world

1 min read

Naladhu Private Island Maldives, South Male’ Atoll has been crowned the best resort in the world in the Conde’ Nast Traveler Readers’ Choice Awards 2017. More than 300,000 travellers took part in the 30th annual Readers’ Choice Awards survey, setting yet another new record submitting millions of rating and more than 100,000 comments to create […]