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New Development Bank secures operational permit from MMA

The Maldives Monetary Authority (MMA) has issued the business commencement permit to the Development Bank of Maldives (DBM), formally clearing…

President Muizzu Delivers on Promise as Vihafaru Airport Reclamation Begins

President Dr Mohamed Muizzu, on Thursday attended the commencement of land reclamation works for the Vihafaru Airport development in South…

Th. Vilufushi Land Reclamation Nears Completion as Airport Project Advances

Land reclamation works underway in Th. Vilufushi have reached a significant milestone, with around 80 percent of the project now…

President Muizzu Launches USD 790M Ayla Township, Ushering in Maldives’ First SEZ Era

The Maldives has entered a new era of structured economic transformation with the official launch of the Ayla Sustainable Township,…

BML Closes 2025 with Record Earnings and Asset Growth

Bank of Maldives (BML) has reported a strong close to 2025, posting robust fourth-quarter earnings and achieving record full-year financial…

Malé Northside Road Segment 2 Advances Rapidly, 260m Sheet Piling and 65% Reclamation Done

Segment 2 of the MalĂ© Northside Boduthakurufaanu Magu Road Development Project has recorded significant progress, with Maldives Transport and Contracting…