Business
President sets up company to build resorts and share profits with every Maldivian
President Dr Mohamed Muizzu has established a state-owned company to develop resorts and share their profits equally with every Maldivian. The company, named Dhiveheenge Resort Hissaa Corporation (DRHC), was created…
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MTCC opens applications for public shareholder representative on board
Maldives Transport and Contracting Company (MTCC) has invited applications for a position on its Board of Directors representing public shareholders,…
Russia’s S7 Airlines launches direct flights to Maldives from Novosibirsk
Russia's largest private airline, S7 Airlines, has launched direct flights between Novosibirsk and the Maldives, establishing a new air connection…
BML opens second phase of youth business financing with up to MVR 150,000 available
Bank of Maldives (BML) and SME Digital have opened applications for the second phase of their Youth Entrepreneurship Financing programme,…
MTCC shareholders approve MVR 3 per share dividend at annual general meeting
Maldives Transport and Contracting Company (MTCC) has approved a dividend of MVR 3 per share for the 2025 financial year,…
STO posts MVR 281 million profit as operating earnings jump 23% in third quarter
State Trading Organization (STO) recorded a net profit of MVR 281 million in the third quarter of 2026, supported by…
Maldivian postpones Umrah flight to Saudi Arabia amid escalating Middle East security threats
Maldivian has postponed its scheduled Umrah flight from Malé to Jeddah on Thursday, 29 October 2026, following a significant deterioration…