Fitch Upgrades Maldives’ Credit Rating
Fitch Ratings, one of the world’s largest credit rating agencies, has upgraded the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘CC’ to ‘CCC-’.
maldives
Read More
MTDC to Develop a New Resort to Increase Revenue
Maldives Tourism Development Corporation (MTDC), Ahmed Niyaz, has announced that the company is preparing to begin work on the development of a new resort as part of efforts to increase its revenue.
Maldives and Japan Pledge Closer Cooperation as Ambassador Mahloof Begins Diplomatic Mission
Japan’s State Minister for Foreign Affairs, Ayano Kunimitsu, has reaffirmed Japan’s commitment to strengthening ties with the Maldives during a courtesy meeting with the newly appointed Maldivian Ambassador to Japan, Ahmed Mahloof. The meeting took place on May 29 following Ambassador Mahloof’s formal presentation of credentials to the Japanese government. State Minister Kunimitsu welcomed Ambassador…
Maldives Reclaimed More Land Than Europe and Africa Combined Since 2000
A new study has revealed that the Maldives has reclaimed more land over the past 24 years than the combined total reclaimed across Europe and Africa, highlighting the extraordinary pace at which the island nation is reshaping its coastline. The study, Land Reclamation in the Maldives: Trends and Impacts from 2000 to 2024, provides the…
Global Luxury Giants Are Heading to the Maldives
The Maldives is preparing for one of the fastest tourism expansions in its history, with dozens of luxury resorts, branded residences, private islands, and major infrastructure projects expected to reshape the country over the next several years. For decades, the Maldives built its global reputation on a simple formula: turquoise lagoons, white-sand beaches, and overwater…
Fireworks Display Planned Off Vilimalé Tonight to Mark Eid Celebrations
The Maldives National Defence Force (MNDF) has announced a fireworks display near Vilimalé tonight as part of this year’s Eid al-Adha celebrations. According to information released by the MNDF, the display is scheduled to take place between 9:45 p.m. and 10:15 p.m. The fireworks show is expected to last for approximately five minutes. While details…
India Requires Self-Declaration Form for All Travelers
All Travelers, Including Maldivians, Must Now Submit a Self-Declaration Form Before Traveling to India. India’s Directorate General of Civil Aviation (DGCA) has announced that all travelers, including Maldivians, must submit a Self-Declaration Form (SDF) before traveling to India. Following this measure, the national airline, Maldivian, has requested Maldivian travelers to complete the SDF before their…
Police Identify Roona as Key Suspect in 1.5kg Drug Smuggling Case
The Maldives Police Service has identified a 29-year-old woman as the alleged mastermind behind a narcotics smuggling operation involving approximately 1.5 kilograms of drugs brought into the country. According to information presented in court, Aminath Roona is suspected of orchestrating the importation of the drugs through another individual who travelled overseas and later returned to…
President Highlights Spiritual Significance of Day of Arafat
President Dr Mohamed Muizzu has shared a message to mark the Day of Arafat, describing it as a day filled with mercy, blessings, forgiveness, and spiritual fulfillment for Muslims around the world. In his message commemorating the 1447 Hijri Hajj Day, the President highlighted the importance of the sacred occasion as millions of pilgrims gathered…
Government Salaries and Allowances to Be Released on May 28 and 31 Ahead of Eid Holidays
The Ministry of Finance has announced that salaries and allowances for government employees for the month of May will be released on May 28 and May 31, taking into account the long Eid al-Adha holiday period and the operating schedule of banks during the break. Government offices are currently closed for the Eid holidays, which…