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A digest of news and opinion from the Maldives.

Maldives Late Season Has Been Mental

Maldives Late Season Has Been Mental

2 min read

  I Just spent the first two weeks of September in the Maldives and everywhere I turned local surfers and tourists were boasting the line, “You should have been here yesterday”. You see, I arrived at beautiful Kandooma Resort, just south of the capital Male, a few days after the best fortnight of swell in the entire […]

Qasim

Gasim can be declared fugitive says prison authority

2 min read

Jumhooree party leader Gasim Ibrahim can be declared a fugitive, the Maldives prison authority has said, after the latest deadline for his return to Male passed on Monday night. Gasim, sentenced to three years in absentia for attempted bribery, was released on medical furlough for cardiovascular treatment in September. He was initially given 10 days […]

President Yameen (R) presents the letter of appointment to the new Maldivian Ambassador to Sri Lanka, Mohamed Hussain Shareef. PHOTO/PRESIDENT'S OFFICE

Maldives ambassador heads to Sri Lanka to assume post

2 min read

President Yameen (R) presents the letter of appointment to the new Maldivian Ambassador to Sri Lanka, Mohamed Hussain Shareef. PHOTO/PRESIDENT’S OFFICE The newly appointed Ambassador of the Maldives to Sri Lanka, Mohamed Hussain Shareef, on Tuesday departed to Sri Lanka to officially assume his post. Shareef received his new appointment on August 6. However, prior […]

The Mauritius Commercial Bank (MCB) branch in the capital Male. MIHAARU FILE PHOTO/NISHAN ALI

Speedboat firm withdraws lawsuit against Mauritius Commercial Bank

1 min read

The Mauritius Commercial Bank (MCB) branch in the capital Male. MIHAARU FILE PHOTO/NISHAN ALI Local firm Sharu Launch Services Pvt Ltd has withdrawn its lawsuit against Mauritius Commercial Bank (MCB), seeking MVR 150 million as compensation for damages caused by the bank allegedly refusing to sell US Dollars to the company. Sharu Launch claimed that […]

Ahmed Munawwar - Finance minister

Maldives budgetary income proposals, an illusion

4 min read

The original Dhivehi article was published on Mihaaru.com website on 2nd October 2017. The following is a loose translation: In the past 2 years, when the national budget was proposed to the People’s Majlis (Maldives Parliament), billions of Rufiyaa was stated as projected income from Special Economic Zone (SEZ) and from other activities. However, those […]

Ooredoo Maldives shares distributes at MVR 40/-

Ooredoo Maldives shares distributes at MVR 40/-

1 min read

Ooredoo Maldives’ shares opened for sale in Maldives Stock Market sells at a price of MVR 40 per share. The company’s Head of Investor Relations Arushee Mohamed noted the bull power of shares at the rate of MVR 40 is evident on the demand and satisfactory rate of customers. “We sold shares at a value […]

Qasim

JP leader denied medical leave extension, lawyers reveal

2 min read

Jumhoory Party leader Qasim Ibrahim speaks to Mihaaru. PHOTO: NISHAN ALI/MIHAARU Maldives Correctional Service (MCS) will not allow any further extensions to opposition Jumhoory Party (JP)’s leader Qasim Ibrahim’s medical leave, his lawyers revealed on Monday night. According to a statement that was released by his lawyers, Qasim was prepared to return to the Maldives […]

Security officers surround Speaker Maseeh inside the parliament chambers while opposition lawmakers protest.

BroadCom urges caution over social media ‘live feeds’ of parliament

2 min read

Security officers surround Speaker Maseeh inside the parliament chambers while opposition lawmakers protest. Maldives Broadcasting Commission (MBC) has warned broadcasters to be wary in airing the live feeds recorded by lawmakers on social media platforms during parliament sittings. In a statement released Monday, the commission noted that local television channels have been broadcasting live feeds […]