A digest of news and opinion from the Maldives.
MTCC’s Trailing Suction Hopper Dredger, Mahaa Jarraafu has docked at Kulhudhuffushi port on the evening of 25th October 2017. According to MTCC, “Mahaa Jarraafu” has entered the harbour area and will soon be starting land reclamation for Kulhudhuffushi Airport. CEO of MTCC, Mr Ibrahim Ziyath stated that the project will be starting in November and that it […]
Photo: Allied Insurance A prestigious award of Islamic Finance Forum of South Asia (IFFSA) was presented to Ayady Takaful at the ‘2nd IFSSA Awards Night’. The 2nd IFFSA awards night was held on the 24th October 2017 in Sri Lanka, following the conclusion of the 2nd Islamic Finance Forum of South Asia Conference which was held […]
Dhiraagu becomes the Title Partner of Maldivian Idol Season 3. The signing ceremony which took place today at Dhiraagu Head Office, Dhiraagu CEO and Managing Director Ismail Rasheed signed an agreement with PSM Managing Director Ibrahim Khaleel. At the signing ceremony, Dhiraagu CEO Ismail Rasheed noted that they are participating as a Title Partner for […]
Small and Medium Enterprise businesses (SME) are increasingly considered the engine for economic growth and fortune creation. With the right kind of support, SMEs can spark a new surge of progress, especially for upcoming economies. SME development is considered a key element and a measure for equitable economic development and for strengthening the competitiveness and […]
Opposition lawmakers pictured en route to the parliament. PHOTO/MIHAARU The opposition parliamentarians on Wednesday boycotted the parliamentary debate on the MVR 493 million supplementary budget that was submitted by the state. Finance Minister Ahmed Munawar on Tuesday submitted a supplementary budget for the last two months of this year as government spending is expected to exceed […]
The biodiversity-rich mangrove swamp of HDh. Kulhudhuffushi. PHOTO/ MI HAAZ The endangered species that inhabit the mangrove in the island of Kulhudhuffushi in the northern Haa Dhaalu atoll will be relocated to a place with similar environmental conditions, the Environment Impact Assessment (EIA) for the proposed airport development project, has advised. The government’s revelation that […]
Raajje TV journalists hold a peaceful protest against Broadcasting Commission at the Maldives Journalism Awards 2016 held in October 2017. PHOTO/MIHAARU The government on Sunday submitted a bill to the parliament, seeking to appoint a single body to regulate all media outlets in the country. The new bill calls for considerable changes to be brought […]
Source: reethifaru.com Reethi Faru, a brand new 4-star resort situated on the island of Filaidhoo in Raa Atoll is set to open in November 2017. The property which received its name from the stunning house reef (reethi faru) which is just 30 to 80 meters from shore, was leased to Mahagonhy group in 2015. The resort […]
Sirru Fenfushi, the ultra-luxury resort developed in Shaviyani Gaakoshibee is all set to open in December 2017. SC Capital Partners Group, a Singapore-based institutional real estate private equity investment firm acquired Gaakoshibee from ADK Travels Pvt Ltd of Maldives for an undisclosed amount. Since then, they have spent over USD 100 million on the property. […]