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MALÉ, Oct 8 (NNN-PSM) – The Maldives has settled the latest coupon payment of around 25 million U.S. dollars, on a 500-million-dollar senior unsecured sukuk, a day before it had been due, the Maldivian Ministry of Finance said in a statement, yesterday. The Maldivian government issued the 500-million-dollar sukuk or Islamic bond in 2021, which is set to mature in 2026, and the sukuk pays a semi-annual coupon, with payments scheduled for Apr and …

Malé, Maldives

Malé

Asianewstoday

Maldives Settles 25 Million USD Sukuk Coupon Payment Amid Credit Rating Downgrades

The Maldives is set to gain yet another luxurious private island destination. Experiencing the colourful reef life and clear blue waters of the Maldives is not something that all holiday budgets can extend to. Still, around 1.8 million tourists manage to make it to the Indian Ocean paradise every year. Now, though to provide an ultra luxury option for those who want to avoid “crowds” on the archipelago, Mohamed Ali Janah, group chairman of Hotel…

Travel Tomorrow

Maldives set to gain world’s “most exclusive private island”

The inauguration of a new runaway in the Maldives built under an airport redevelopment project assisted by India and the official launch of the RuPay card...

Inauguration

defence.in

RuPay Launch In Maldives, New Airport At Runway To Boost Ties With...

Sur le marché aux poissons de Malé (Maldives), le 13 novembre 2023.  ISHARA S. KODIKARA/AFP               Jeudi 25 août, un vent de panique a soufflé sur les Maldives. Les 500 000 habitants de l’archipel ont cru à la faillite de leur pays, lorsque la Bank of Maldives Limited (BML), la principale banque publique du pays, a annoncé qu’elle plafonnerait les paiements à l’étranger de leurs clients à 100 dollars (90 euros) par mois. Une décision fina…

News7

Les Maldives se rapprochent du défaut de paiement – News 7

Hyatt Hotels Corporation has unveiled plans for a brand new resort in the Maldives, set to open in late 2027. Conveniently located in the Republic’s capital Malé and only 25 minutes away from Valena International Airport by speedboat, the villa-based resort coming soon to North Malé Atoll, will give guests the chance to stay in close proximity to prime surfing destinations like Pasta Point and Sultans, as well as popular diving and snorkelling s…

Hyatt unveils new Regency hotel set for the Maldives  - Travel Tomorrow

In his presentation at the Hotelier Maldives GM Forum 2024, Mohamed Mihad, Chief Commercial Officer at Maldives Airports Company Limited (MACL), highlighted the critical role of Velana International Airport (VIA) in supporting and driving tourism in the Maldives. His speech, titled “Velana International Airport (VIA) and Tourism Development,” provided valuable insights into how the airport’s […]
Source

Tourism

Hotelier Maldives

Vital role of Velana International Airport in developing Maldives’ tourism – Hotelier Maldives

Staff Reporter : In a significant move to enhance accountability and curb corruption, the government has directed all officials and employees to submit their wealth statements by 30th November to their respective ministries and departments. Going forward, these reports will need to be updated annually, with submissions due by 31st December each year. The decision was announced by Md Mokhlesur Rahman, Senior Secretary of the Ministry of Public Ad…

Corruption

dailynewnation.com

Govt officials ordered to submit wealth statements by Nov 30

As an archipelago nation, the Maldives has long been concerned about the potential for rising tides erasing its territory, but now they have a forward-thinking fix in the works.   If you are considering booking travel or signing up for a new credit card please click here. Both support LiveAndLetsFly.com.  If you haven’t followed us on Facebook or Instagram, add us today. Innovative Solutions to Combat Erosion Around the world, shorelines are pot…

Live and Let's Fly

Maldives Solution For Climate Change: Self-Assembling Islands - Live and Let's Fly

Male: Former Maldivian president Ibrahim Mohamed Solih on Saturday criticised the ruling administration and President Mohammad Muizzu why to proceed with the same agreements that his party PNC described as a national security threat in 2023 presidential campaign. Muizzu, who returned from a five day state visit to India last week, has expressed gratitude for India’s financial assistance and its consistent support, especially during challenging t…

Delhi, India

Delhi

Latestly

The Siasat Daily

NewsDrum

Orissa POST

Ex-Maldives prez Solih questions Muizzu govt's past objections as he courts closer India ties

Following the ‘India First’ policy, Maldivian President Ibrahim Mohamed Solih adeptly cultivated robust economic and strategic bilateral relations with India, enhancing cooperation across various sectors. His administration placed a strong emphasis on India’s importance as a key ally, especially in the areas of development and security. But when Mohamed Muizzu, a prominent leader of the […] The post Reassessing Alliances: The Maldives’ Foreign P…

Ibrahim Mohamed Solih

Modern Diplomacy

Reassessing Alliances: The Maldives' Foreign Policy Transformation with India

‘I will fly more and more tears in the sky’ – Musician Ayub Bachchu really flew… The post Six years since Ayub Bachchu left the silver guitar appeared first on TIme News.

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