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A digest of news and opinion from the Maldives.

MTCC

“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 […]

Maha Jahraaf to reclaim land for Kulhudhufushi Airport as its first project

Maha Jahraaf to reclaim land for Kulhudhufushi Airport as its first project

2 min read

MTCC has announced that their new suction hopper dredger “Maha Jahraaf” will work on the land reclamation project for the Kulhudhufushi Airport as its first project. MTCC CEO Ibrahim Ziyath said that once the dredger arrives in Maldives, it will make its way to Kulhudhufushi and will immediately begin works on the airport project. According […]

MTCC recognises staff performance with “HR Awards 2017”

MTCC recognises staff performance with “HR Awards 2017”

2 min read

A ceremony to appreciate and recognise staff performance of the company, “HR awards 2017” was held by MTCC in Hotel Jen on the 12th of October 2017. MTCC continues to recognise the hard work by their staff regularly awarding them in the past as well. This year’s ceremony was held for awarding recognition to staff […]

mtcc

MTCC aims for MVR305 million via share sales

2 min read

MTCC’s Chairman Ahmed Niyaz and other executives speak at the press conference regarding new share sales for MTCC shareholders. PHOTO: NISHAN ALI/MIHAARU Maldives Transport and Contracting Company (MTCC) has announced to sell more shares to its shareholders to earn MVR 305 million to fund the commission of a dredger. Speaking at a ceremony held at […]

scale model of dredger

MTCC’s mountainous dredger to be brought to Maldives in October

1 min read

The Maldives Transport and Contracting Company (MTCC) has announced that the mountainous dredger commission by President Abdulla Yameen will arrive in the Maldives by October this year. Holland’s IHC crafted the ‘Mahaa Jarraafu’ in China’s ‘Nang-Ton Rainbow Marine Technology Boatyard’ for an initial payment of USD 36 million. The MTCC has revealed its hope that […]

MTCC's CEO Ibrahim Ziyath speaks at the company's annual general meeting. PHOTO: HUSSAIN WAHEED/MIHAARU

Govt to award another island to MTCC for resort development

2 min read

MTCC’s CEO Ibrahim Ziyath speaks at the company’s annual general meeting. PHOTO: HUSSAIN WAHEED/MIHAARU The Maldives government has decided to award another island for resort development to Maldives Transport and Contracting Company (MTCC), announced the company late Tuesday. Speaking at MTCC’s annual general meeting at Dharubaaruge convention centre in capital Male, the company’s CEO Ibrahim […]