The Maldives economy is set to grow by 4.7% in 2024, a downward revision reflecting slowed growth momentum, according to the latest Maldives Development Update released by the World Bank. The report highlights significant economic vulnerabilities stemming from persistent fiscal deficits, high debt levels, and external risks. Erdem Ataş, an economic analyst, recently underscored these […]
As the Maldives continues to be a premier destination for travelers seeking pristine beaches and crystal-clear waters, Booking.com offers an extensive list of accommodations to enhance your stay. Whether you prefer resorts, hotels, or guesthouses, there is something to suit every taste and budget. Top Picks in the Maldives: Highlights of Popular Resorts: Unique Stays […]
The Maldives tourism sector continues to experience impressive growth in 2024, with a significant increase in tourist arrivals and sustained contributions from key international markets. As per the data published by the Ministry of Tourism, the Maldives welcomed 985,282 tourists up to June 23, marking a 10.1% increase compared to the same period in 2023. […]
The Maldives has just welcomed a new jewel to its crown of luxury with the grand opening of Spa Ceylon, brought to life by Al Holul Pvt Ltd. This prestigious spa, under the visionary leadership of Managing Director Mohamed Ali, promises to redefine relaxation and wellness for both locals and visitors. Speaking to The Arrivals, […]
As Eid al-Adha approached, the Maldives was abuzz with excitement. This year, Maldivians once again flocked from the capital, Malé, to the picturesque local islands such as K. Maafushi, K. Thulusdhoo, K. Dhiffushi, and K. Huraa, to immerse themselves in the festive atmosphere. These islands had become renowned for their vibrant Eid celebrations, featuring performances […]
In an exhilarating conclusion to the Arrival ARRC Futsal Cup 2024, FC Last Minute emerged as champions in a thrilling final against GOAT FC. The match, held at Hulhumale’ turf ground 4, saw both teams locked in a 3-3 draw, leading to a nail-biting penalty shootout where FC Last Minute clinched victory. The men’s final […]
In a bid to facilitate easier travel during the Eid al-Adha holidays, Maldivian Airlines has announced a special promotion offering discounted fares for essential travelers heading to Male’ and various destinations within the Maldives. The special fare tickets are available for travelers coming to Male’ from last Thursday until tomorrow, and for those departing from […]
Ibrahim Shiuree, a well-rounded professional with experience in sports, project management, and public relations, has been appointed as the new Managing Director of the Maldives Marketing and Public Relations Corporation (MMPRC). Shiuree, 40, is a former Maldivian table tennis player and currently serves as the vice-president of the Table Tennis Association. Beyond sports, his background […]
The Maldives is experiencing a tourism surge like never before! In just the first five months of this year, a staggering 903,775 tourists have made their way to this tropical paradise, according to the Ministry of Tourism. This marks a phenomenal 12 percent increase compared to the same period last year when 821,248 tourists visited […]
In the Maldives, the tourism sector is the linchpin of the economy, significantly influencing the nation’s dollar exchange rate. This investigation delves into the intricate relationship between tourism and the dollar rate, shedding light on the mechanisms at play. Tourism: The Economic Powerhouse Tourism is the largest sector in the Maldives’ economy, accounting for over […]
