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Customer Deposits Fully Protected, Says BML CEO Shareef

Bank of Maldives CEO and Managing Director Mohamed Shareef has rejected claims that customer dollar deposits held at the bank were used to settle government debt obligations. Speaking during PSM…

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Anglo Belgian Corporation Confirms 26MW Engine Supply for Addu Power Station

Anglo Belgian Corporation has announced that it will supply five powerful 8DL36 generating sets for the Central Power Station project…

STELCO Takes Over Electricity, Water, and Sewerage Services in K. Huraa

The State Electric Company Limited (STELCO) has officially assumed responsibility for electricity, water, and sewerage services in K. Huraa, marking…

BML Branches to Open Twice in Final Ramadan Days, Online Services Available 24/7

Bank of Maldives has announced special branch operating arrangements during the final ten days of Ramadan, while emphasizing that all…

Qasim Supports Reform to Hold Presidential and Parliamentary Elections on the Same Day

Jumhooree Party leader and Maamigili MP Qasim Ibrahim has urged Maldivians to vote in favour of a constitutional reform that…

Diesel Market Jumps to $173.50, Import Cost for Maldives Approaches MVR 19 Per Litre

Global diesel prices continued their upward trajectory at the start of trading today, with benchmark gasoil reaching $173.50 per barrel,…

Allied Takaful launches Kamana Takaful promotion offering first month free for women

Allied Takaful has introduced a new promotional campaign aimed at empowering women to strengthen their financial security while safeguarding their…