Writer: Could you please provide a brief overview of the Maldives Economic Position at the time this government took office? Mr. President: At the time this Government took office, Maldives was facing an economic downturn. GDP was only growing at a slow rate of 2.2%. The major reason for this was that Maldivian rufiyaa had […]
In a landmark move demonstrating President Dr. Mohamed Muizzu’s commitment to balanced national development, the Maldivian government has unveiled plans to establish seven strategic urban centers across the country. The Ministry of Housing, Land and Urban Development made this groundbreaking announcement today, marking a significant step toward decentralized development. The carefully selected locations for these […]
In a significant move demonstrating President Dr. Mohamed Muizzu’s commitment to streamlining government services and enhancing public convenience, the President’s Office has announced comprehensive new customs regulations effective November 9, 2024. The reform, published in the Government Gazette, marks a major milestone in the administration’s efforts to modernize the Maldives’ import regulations while maintaining economic […]
The Maldives has welcomed 1.7 million tourists so far in 2024, marking a significant milestone for the island nation as it strives to surpass two million arrivals by the end of the year. According to the Ministry of Tourism’s latest statistics, the Maldives saw 1.69 million arrivals by early November, with an average of more […]
Revolutionizing Affordable and Sustainable Housing with Habitat Blocks The Maldives is set to witness a groundbreaking shift in its housing industry with the recent introduction of modular housing units by ELS LEO Company Pvt Ltd. Known as Habitat Blocks, this innovative construction solution is anticipated to reshape the landscape of guest house construction, residential housing, […]
Male’ City, Maldives – The State Electric Company Limited (STELCO) has officially launched its Strategic Action Plan (SAP) for the next five years, aiming to align its operations with the Maldives’ development and progress in electricity, water, and sewerage services. The plan was unveiled by STELCO Managing Director Hussain Fahmy in a ceremony attended by […]
A tourism symposium will be held in Addu City next year, focusing on enhancing local tourism opportunities and creating job pathways for residents, according to Faisal, who spoke at the recent launch of Addu’s tourism brand at the Canary Islands Resort. Faisal highlighted the importance of raising public awareness on the benefits of tourism, particularly […]
In a commendable move towards fiscal responsibility, President Dr. Mohammed Muizzu has announced that he will forego 50% of his salary as part of a broader economic reform agenda aimed at reducing government expenditure. In a post shared on X, the President outlined his intentions to present the 2025 budget under this agenda, emphasizing a […]
Three Maldivian doctors have been awarded prestigious scholarships to pursue specialized medical studies, fully funded by Universal, one of the leading companies in the tourism industry of the Maldives. This initiative, launched by the Universal Foundation, offers opportunities for Dhivehi students to advance their education in the health sector. The three doctors receiving these scholarships […]
The Maldives, an archipelago of 26 atolls in the Indian Ocean, is renowned for its pristine beaches, crystal-clear waters, and diverse marine life. While the islands offer numerous attractions, one of the most captivating experiences is encountering the gentle giants of the sea: whale sharks. Whale Shark Points in the Maldives South Ari Atoll, also […]
