Hussain Shinan

Hussain Shinan

1280 Articles

MTDC records USD 2 million profit, approves 50 Laari dividend

Maldives Tourism Development Corporation (MTDC) shareholders have approved a dividend of MVR 0.50 per share following a year…

MWSC senior management holds talks with Dhuvaafaru Council

Maldives Water and Sewerage Company (MWSC) Managing Director Hussain Fahmy and members of the company's senior management have…

STELCO celebrates engineers as backbone of its operations on National Engineers’ Day

State Electric Company Limited (STELCO) has recognised its engineers for their contribution to the company's operations and the…

President ratifies Fisheries Act amendments with tougher penalties for protected species

President Dr Mohamed Muizzu has ratified amendments to the Fisheries Act, introducing tougher penalties for catching and exporting…

President calls 40 percent resort conversion requirement a national responsibility

President Dr Mohamed Muizzu has defended the government's decision to require Category A tourism establishments to convert 40…

New foreign currency rules take effect September 1 with tougher penalties for black market trading

New foreign currency rules will come into force on September 1, introducing revised dollar conversion requirements for tourism…

Maldives doubles withholding tax on foreign contractors to 10 percent

President Dr Mohamed Muizzu has ratified amendments to the Income Tax Act increasing the withholding tax imposed on…

President ratifies new law governing leases of uninhabited islands and lagoons

President Dr Mohamed Muizzu has ratified legislation establishing a new framework for the allocation and leasing of uninhabited…

Maldives introduces 20-year vehicle age limit under new Land Transport Act

President Dr Mohamed Muizzu has ratified the Maldives' new Land Transport Act, introducing a comprehensive legal framework governing…

Tax enforcement strengthened as President ratifies amendments to MIRA framework

President Dr Mohamed Muizzu has ratified amendments to the Tax Administration Act, introducing changes to the powers of…

President ratifies GST changes targeting foreign tour operators and booking platforms

President Dr Mohamed Muizzu has ratified amendments to the Goods and Services Tax Act that will bring foreign…

SME Digital launches mobile app for financing and business services

SME Digital has launched a new mobile application aimed at giving small and medium enterprises easier access to…

Maldivian engineers form backbone of STELCO operations, Azwar says

State Electric Company Limited (STELCO) Managing Director Ali Azwar has said the company's engineering workforce is entirely Maldivian,…

More than 420 swimmers make a splash at Dhiraagu Malé Open 2026

More than 420 swimmers competed in the Dhiraagu Malé Open 2026, making this year's edition the largest open…

STO marks Engineers’ Day with two new technical scholarships

State Trading Organization (STO) has introduced two specialised engineering scholarships aimed at developing Maldivian expertise in concrete technology…