HULHUMALÉ, Maldives — On a sunlit morning in the Maldives, a groundbreaking ceremony marked the launch of the Maldives International Financial Centre (MIFC), an $8.8 billion project aimed at transforming the island nation into a global financial hub. The initiative, a joint venture between the Government of Maldives and MBS Global Investment, signals a bold step toward diversifying an economy long reliant on tourism. The MIFC, established under the Maldives International Financial Services Authority (MIFSA), is designed as a financial free zone to attract global financial institutions and fintech innovators. The project, announced on January 21, 2025, aligns with the … Continue reading Maldives Unveils Ambitious Financial Hub to Diversify Economy