Tag: Featured 3

MTCC begins urgent Rasfannu breakwater works to restore popular Malé beach

Work has officially commenced on the reprofiling of the breakwater at Rasfannu artificial beach, with authorities temporarily closing…

Hulhumalé lights back in hours as STELCO resolves rare cable fault swiftly

Electricity has been fully restored to all residential towers in HulhumalĂ© Phase 2 after a rare disruption caused…

President Muizzu to Visit Sri Lanka Next Month

President Mohamed Muizzu is expected to undertake an official visit to Sri Lanka next month, according to reports…

BML says dollar liquidity remains robust as NOP returns to positive levels

Bank of Maldives (BML) has issued a strong assurance over its foreign exchange stability and liquidity position, clarifying…

Maldives repays $500m sukuk in full, boosting reserves under President Muizzu’s fiscal vision

The Government of Maldives has completed the full repayment of a USD 500 million sovereign sukuk issued in…

“Not Just Profits, But National Impact”, says CEO Shareef as BML hits record year

The Bank of Maldives (BML) has announced its strongest financial performance to date, recording a Profit After Tax…

BML Recognizes High Performers and Teams at Annual Staff Awards

Bank of Maldives (BML) has recognized its top-performing employees at its annual Staff Awards, highlighting a year of…

President Muizzu: No Part of Maldives Will Be Used in Ongoing Conflicts

President Mohamed Muizzu has stated that the Maldives will not allow its territory to be used in any…

“Sukuk will be settled on April 8”: President Muizzu assures Maldives financial stability

President Dr. Mohamed Muizzu has reaffirmed the Maldives’ financial resilience, announcing that the country’s scheduled Sukuk repayment will…

President Muizzu announces $450 million oil reserve plan

President Dr Mohamed Muizzu has announced plans to establish a National Oil Reserve, positioning it as a critical…