Business

News

18 Jun, 2025

Authorities Intensify Crackdown on GMCE Crypto Pyramid Scheme, No Arrests Yet

MALE’, Maldives — The GMCE investment scheme, popular among Maldivian investors from ordinary citizens to prominent figures, has been exposed as a pyramid scheme. Authorities are escalating efforts to take legal action

Business·MaldivesStyle·News

05 Aug, 2024

The Maldives: From Cowrie Shells to Polymer Notes

Data from the Maldives Monetary Authority (MMA) sheds light on the continuous process of maintaining a healthy circulation of banknotes. Last year alone, the MMA undertook a significant operation to remove worn-out

Business·India-Maldives·News

25 Jul, 2025

Bank of Maldives to Introduce Indian Rupee Accounts, Aiming to Bolster Trade and Remittances

Malé, Maldives — In a significant move to deepen economic ties with India, the Bank of Maldives (BML) announced on Friday that it will begin offering Indian Rupee (INR) accounts for personal

Ooredoo empowers S. Meedhoo farmers with targeted sustainability drive

Ooredoo Maldives held a special edition of its “Grow with Ooredoo” initiative in S. Meedhoo to mark National Farmers’ Day and World Food Day. The two-day event, held last Thursday and Friday,

19 Oct, 2026

Business·News

Environment Ministry inks MoU with Chinese firm for 15MW solar energy project

The Ministry of Climate Change, Environment and Energy has signed a Memorandum of Understanding (MoU) with China’s Zhejiang Qingtian Solar Energy Technology Co. Ltd. to install a major solar power and battery

19 Oct, 2026

News

From Gazi Building to Velana Building, President Maumoon Abdul Gayoom spearheaded the development of government complexes—an initiative unmatched by any subsequent administration.

Ministry Warns Retailers to Display Prices as Consumer Advocates Highlight Enforcement Gaps

The Ministry of Economic Development and Trade has issued a strict warning that retailers will face enforcement action if they fail to clearly display prices on goods placed on shop shelves. Under

15 Oct, 2026

News

No More Obstacles for Online Shopping and E-Commerce, Assures Minister Saeed

Maldivians will face no further difficulties when making purchases on foreign e-commerce and online platforms, Minister of Economic Development, Transport and Trade Mohamed Saeed assured today. Speaking at a press conference held

13 Oct, 2026

News·Politics

MIRA Launches Digital Portal to Streamline Tourist Data and Green Tax Compliance

The Maldives Inland Revenue Authority (MIRA) has launched a centralized digital portal, the Maldives Guest Information System (MGIS), aimed at unifying tourist data reporting across state agencies and ending manual administrative workloads

01 Oct, 2026

News

Constitutional Challenge Filed Over 500-Hectare Rasmalé Land Deal

A constitutional case has been filed directly with the Supreme Court seeking to strike down the government’s agreement to hand over 500 hectares of reclaimed land in Rasmalé to UAE-based Eagle Hills

29 Sep, 2026

Business·News

A Royal Trickle: Saudi Arabia’s Modest Aid Footprint in the Maldives

On the festive occasion of Saudi Arabia’s 96th National Day, the Kingdom’s ambassador to the Maldives, Yahya bin Hassan Al-Qahtani, delivered a celebratory address highlighting nearly half a century of bilateral aid.

26 Sep, 2026

Gulf Crisis·News

India’s $580M Credit Line: The Engine Behind Ras Malé

MALÉ / MUMBAI — When local headlines in Malé erupted this week over a projected $20 billion luxury waterfront deal with Abu Dhabi’s Eagle Hills, the narrative seemed straightforward: President Dr Mohamed

24 Sep, 2026

India-Maldives·News

Photo: Maldives Monetary Authority (MMA)

Indian E-Commerce Platform Global Dukaan Begins Accepting Maldivian Rufiyaa

Maldivian shoppers buying goods directly from top Indian e-commerce sites can now pay using Maldivian Rufiyaa (MVR) through Global Dukaan, starting this Friday. The new payment option, rolled out through a joint

24 Sep, 2026

India-Maldives·News

Maldives Tourism Industry Launches Major CIS Roadshow in Moscow

MOSCOW, Russia — Maldivian tourism authorities and industry representatives launched the “Maldives CIS Region” roadshow in Moscow, kicking off a targeted promotional push across top Commonwealth of Independent States (CIS) markets. Organized

23 Sep, 2026

News·Tourism

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Business

Authorities Intensify Crackdown on GMCE Crypto Pyramid Scheme, No Arrests Yet

The Maldives: From Cowrie Shells to Polymer Notes

Bank of Maldives to Introduce Indian Rupee Accounts, Aiming to Bolster Trade and Remittances

Ooredoo empowers S. Meedhoo farmers with targeted sustainability drive

Environment Ministry inks MoU with Chinese firm for 15MW solar energy project

Ministry Warns Retailers to Display Prices as Consumer Advocates Highlight Enforcement Gaps

No More Obstacles for Online Shopping and E-Commerce, Assures Minister Saeed

MIRA Launches Digital Portal to Streamline Tourist Data and Green Tax Compliance

Constitutional Challenge Filed Over 500-Hectare Rasmalé Land Deal

A Royal Trickle: Saudi Arabia’s Modest Aid Footprint in the Maldives

India’s $580M Credit Line: The Engine Behind Ras Malé

Indian E-Commerce Platform Global Dukaan Begins Accepting Maldivian Rufiyaa

Maldives Tourism Industry Launches Major CIS Roadshow in Moscow

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