Tag: MMA

Students Invited to Explore Ethical Finance Through Art in New MMA Competition

The Maldives Monetary Authority (MMA) has announced the launch of the Tamweel Values & Vision Art Showcase, a…

Maldives’ Official Reserves Rise to USD 810 Million in August

The Maldives’ official reserve assets climbed to USD 810.05 million by the end of August, according to figures…

President Muizzu ratifies landmark Insurance Act and National Payment System amendment

President Dr. Mohamed Muizzu has ratified two crucial pieces of legislation designed to strengthen the Maldives’ financial system…

MMA Launches Tamweel Impact Pitch Challenge to Transform Islamic Finance in Maldives

The Maldives Monetary Authority (MMA) has unveiled the Tamweel Impact Pitch Challenge, a nationwide initiative designed to inspire…

President Muizzu Leads Economic Revival: $213M in Debt Repaid from Reserves

In a significant stride toward fiscal stability, the Maldives Monetary Authority (MMA) has disclosed that over $213 million…

MMA Backs BML’s Bid to Acquire SDFC, Confirms No Legal Violations

The Maldives Monetary Authority (MMA) has officially clarified that the Bank of Maldives' (BML) proposed acquisition of the…

President Muizzu Government Unlocks Up to 40% in Dollar Allocations for Local Businesses Through Banks

In a bold and timely move to ease foreign exchange pressures and empower Maldivian businesses, the Maldives Monetary…

A Trusted Hand for Economic Transformation: Asna Hamdi Named MMA Deputy Governor

In a decisive move signaling a commitment to financial reform and stability, President Dr. Mohamed Muizzu has appointed…

No More Dollar Hurdles: India-Maldives Trade Gets Local Currency Boost

In a significant move to enhance bilateral trade, the Reserve Bank of India (RBI) announced on Monday that…

Maldives’ Foreign Reserves Surge Under President Muizzu’s Economic Reforms

The Maldives has witnessed a significant boost in its foreign currency reserves, reaching $981 million in total reserves…