Author: Mohamed Reehaan

State Electric Company (STELCO) opens childcare facility for the benefit and relief of its employees. The facility was officially inaugurated on Wednesday, 09th November, by the utility provider’s Chairman and former MNDF Brigadier General Ibrahim Mohamed Didi. Dubbed “STELCO Childcare Center”, the facility is applicable for children aged between 5 to 10. Meanwhile, the utility provider confirms more than 40 children have already been registered. The facility was created under STELCO’s aim to provide a productive environment for children while their parents worked. Additionally, the center aims to benefit the employees and reduce their stress tied to constant worries over…

A garage in Male’ City was extensively damaged on Thursday early hours, 10th November after a fire erupted in the building. While authorities are currently investigating the cause of the blaze and assessing damage, the owner of the garage confirmed his business was severely affected. “The goods inside the garage will be close to MVR800,000 in value, that is nearly eight years of my work,” the owner confirmed. Additionally, he attests two pickup trucks were inside the establishment at the time of incident. The vehicles have been destroyed beyond repair, confirmed the owner.

MMPRC has hosted the “Maldives Media Meet” at the sidelines of World Travel Market (WTM) London 2022. At the event, a panel of speakers addressed on 50 years of Maldives tourism. The meet was hosted at ExCel London on Tuesday, 08th November 2022. The Maldives Media Meet was led by the Chief Executive Officer and Managing Director (CEO & MD) of MMPRC, Mr Thoyyib Mohamed, joined by; Maldives Tourism Industry Pioneer, Mr Hussain Afeef; the High Commissioner to the United Kingdom, Great Britain, and Ireland, H.E Dr Farah Faizal; and the Minister of Tourism of Maldives, H.E Dr Abdulla Mausoom.…

The former Maldives President, and current Parliament Speaker Mohamed Nasheed said debt restructuring will help pay for climate crisis. While speaking to NowThisEarth at the sidelines of COP27, coming under the United Nations Climate Change Conference, the ex-President said that small island nations like the Maldives should be relieved of their debts to allow them to sustain losses and damages caused by the climate crisis. Twenty climate-vulnerable countries have USD2 trillion of payment to be made within the next two to three years, Nasheed said. He added that most of these nations do not possess the economic stability or wealth…

Maldives Islamic Bank (MIB) announces appointment of the bank’s new Chairman and Chief Executive Officer (CEO). The bank has appointed Kazi Abu Muhammad Majedur Rahman for the Chairman’s post and subsequently appointed Mufaddal Idris Khumri as MIB’s new CEO. Rahman is replacing Najmul Hassan, who has served as the bank’s Chairman since 2012. MIB confirmed the succession concluded the term of Hassan, who served as both Chairman and a non-executive director of the board. Rahman has served the bank, in the capacity of a board member since October 2021. He will continue to serve has an Independent Director of the…

According Maldives Monetary Authority (MMA) statistics, tuna exports from Maldives increased when compared with 2021. Maldives central bank confirms the country exported 64,375.1 metric tons of tuna by end of September 2022. By the same period last year, Maldives exported 55,831.5 metric tons of tuna, indicating a 13.3%. Fish exports rose during the period owing to the increase in exports of fresh and frozen skipjack and yellowfin tuna. As of September 2022, Maldives exported 38,811.1 metric tons of skipjack tuna. By the same period last year, 36,388.8 metric tons of skipjack tuna were exported – which is a 6.2% increment.…

Male’ Water and Sewerage Company (MWSC) launches the country’s first-ever premium glass-bottled water, dubbed the ‘ARO’ Premium. Minister of Transport and Civil Aviation Ms. Aishath Nahula launched the premium bottled water series at a special ceremony held in CROSSROADS Maldives. The new glass bottles are part of the company’s efforts to reduce disposable plastics. Moreover, the initiative ties to the larger initiative of Maldives government’s efforts of reducing single-use plastics and its adverse contribution to the environment. ‘ARO’ which means “fresh” is marketed to the tourists exclusively, while MWSC Managing Director Mr. Hassan Shah confirms future plans to introduce the…

Maldives Islamic Bank (MIB) commenced facilitation of its ‘Ujaalaa Dhiriulhun’ (“jovial living”) facility on products available from State Electric Company’s (STELCO) Sales Center. STELCO’s Sales Center is a one-stop shop for all things electrical, and electrical wiring, reports the utility provider. Under the ‘Ujaalaa Dhiriulhun’ scheme, customers can now purchase items without financial pressures. The ‘Ujaalaa Dhiriulhun’ scheme allows customers to make purchases of high-priced items on an installment like scheme. Customers are required to pay the price of the products they purchase to the bank, instead of the retailer. This MIB facility is applicable for individuals aged 18 and…

Maldives Marketing and Public Relations Corporation (MMPRC) together with 173 representatives from 80 companies, have commenced showcasing the island nation at World Travel Market (WTM) London 2022. The event is hosted at ExCel London from 07th to 09th November. The Maldivian delegation at the WTM London this year is led by MMPRC Chief Executive Officer and Managing Director Mr. Thoyyib Mohamed. WTM London is one of the most leading global travel-trade fairs, for the industry. MMPRC will be utilizing the event’s industry networks and unrivalled global reach, with the three-day in-person event creating business opportunities to connect with industry delegates…

NDTV Food has featured the Maldives on one of its special episodes, focusing on the country’s gastronomy. This episode is expected to reach over 130 million households and 20 million individual users via their mobile apps, reported Maldives Marketing and Public Relations Corporation (MMPRC). The special episode titled “Food & Flavours from the Sunny Side of Life” featured the Chef de Cuisine Mohamed Haneef from LUX* South Ari Atoll. The title is a reference to the main slogan used by tourism promoters to market the island nation. The 20-minute episode provided introduction into Maldivian cuisines, detailing popular local dishes. Additionally,…