Local News

DIP to lead issuance of MVR 55M bond for Fedo’s ‘Savor’ project in Hulhumale’

Dhivehi Investment Partners Private Limited (DIP) has been appointed as the Lead Arranger and Principal Adviser for the MVR 55…

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MTCC to launch mosque and police post projects in Maalhos

The Maldives Transport and Contracting Company (MTCC) is preparing to start implementing two projects in Maalhos, Baa Atoll. The two…

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JSC probes High Court Judge Dheebanaz over trial delay

The Judicial Service Commission (JSC) has launched a disciplinary investigation into High Court Judge Dheebanaz Fahmy, over allegations of delay…

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State covers 80 percent of RTL costs, says Transport Minister

The government is subsidising 80 percent of the Maldives Transport and Contracting Company (MTCC)’s Raajje Transport Link (RTL) ferry service,…

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Scam losses total MVR 1.6 mln in April

The Maldives Police Service has revealed that MVR 1.6 million was lost to scams in April, despite a significant drop…

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Foreign Secretary Inaya resigns from post

Foreign Secretary Fathmath Inaya has resigned from the post. AVAS has learned that although Inaya has resigned from the post…

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School project in Keyodhoo delayed due to budget shortfall

Education Minister Dr Ismail Shafeeu has revealed that key school projects have not commenced due to a lack of sufficient…

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Two new schools to be build in Hulhumale’ this year

The government will commence two new school projects in Hulhumale’ this year, Education Minister Dr Ismail Shafeeu has revealed. Speaking…

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Aqua Cube sponsors Japanese windsurfing champion

Aqua Cube Pvt Ltd, a leading beach sports equipment retailer in the Maldives, has announced its sponsorship of an athlete…

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New tourism concessions target investment in five atolls

Special confessions under efforts to expand tourism in the five atolls with the fewest resorts will be announced this month,…

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