Ihusaan Defends Rasmalé Project Against Yameen’s Criticism
Responding to Yameen’s statement, Ihusaan said the description was a “blatant distortion of facts” and an attempt to use religious sentiments to spread fear, hatred and misinformation.
Rasmalé Mega Project
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Rasmalé Construction Could Begin Within a Year, Alabbar Says
Founder of Eagle Hills has said construction preparations for the proposed $20 billion Rasmalé development could take around a year, as the project moves through detailed design, tendering and environmental studies.
Alabbar: “Rasmalé Must Be Uniquely Maldivian, Not Another Dubai”
Eagle Hills founder Mohamed Alabbar says the proposed $20 billion Rasmalé development must reflect the Maldives’ unique identity rather than replicate destinations such as Dubai or Cairo.
Yameen Tells Eagle Hills to Scrap Rasmalé Project
Former President Abdulla Yameen Abdul Gayoom has called on UAE-based developer Eagle Hills to abandon its proposed Rasmalé mega project, accusing the company of exploiting the Maldives government and questioning the deal’s compatibility with the country’s support for Palestine.
Eagle Hills Unveils Designs for Hulhumalé Housing Project
Eagle Hills has unveiled designs for its planned housing development in Hulhumalé, featuring modern residential buildings alongside a range of public amenities and recreational facilities. The project will include 5,000 housing units at different levels, with construction scheduled to begin in early 2027.
Alabbar: “As a Muslim, I Have a Duty to Contribute”
Eagle Hills Chairman Mohamed Alabbar says his decision to pursue projects in different countries is driven not only by business interests but also by his sense of duty as a Muslim to contribute using his knowledge, experience and resources.
Rasmalé Project to Create 18,000 Permanent Jobs, Alabbar Says
Eagle Hills Chairman Mohamed Alabbar has said the proposed $20 billion Rasmalé project is expected to create around 40,000 jobs during construction and between 15,000 and 18,000 permanent jobs once operational.
Alabbar Says Government Will Control Property Sales
Eagle Hills Chairman Mohamed Alabbar has said the Maldivian government will retain control over property buyers and lease agreements under the proposed Maldives Waterfront and Marina project, stressing that the developer must operate within the country’s laws and regulations.
Alabbar: Maldivians Will Benefit From and Participate in Eagle Hills Projects
Eagle Hills Chairman Mohamed Alabbar has said Maldivians will be given opportunities to participate in and invest in the company’s projects in the Maldives, stressing that any development undertaken in the country must benefit Maldivian society.
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