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Fenaka MD Afeef removed from post amid STELCO takeover
Mohamed Afeef Hussain has been removed from his position as Managing Director of Fenaka Corporation, as the government moves ahead with plans to transfer the utility company's operations to State…
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HDC posts MVR 2.01 billion profit as Auditor General issues clean audit opinion
Housing Development Corporation (HDC) recorded a net profit of MVR 2.01 billion in 2024, as the Auditor General issued an…
STELCO explores stronger energy sector cooperation with UAE
State Electric Company Limited (STELCO) Managing Director Dr. Ali Azwar has met with the United Arab Emirates' Head of Mission…
Black market dollar sellers could face MVR 1 million fines under new law
Individuals caught buying or selling US dollars and other foreign currencies outside the official exchange rate could face fines of…
Maldives and Russia agree to increase flight frequencies as tourism ties expand
The Maldives and Russia have agreed to increase flight frequencies operated by Russian airlines, as the two countries seek to…
Cabinet ramps up fight against tobacco as generational ban moves forward
The government is stepping up efforts to build a tobacco-free generation in the Maldives, with the Cabinet approving a nationwide…
Government moves to shut down prison scam calls with tougher SIM rules
The government has moved to tighten SIM card regulations and hold registered owners accountable when their numbers are smuggled into…