Author: Mohamed Reehaan

Maldives President Dr. Mohamed Muizzu on Wednesday, has expressed strong confidence in the effectiveness of the Debt Sustainability Support Service (DSSS) in addressing the urgent climate financing needs of Small Island Developing States (SIDS), such as the Maldives. The President made these remarks while delivering the opening address as Co-Chair of the Strategic Advisory Group of the SIDS. He said the operationalization of the DSSS will “undoubtedly serve as a catalyst for a new era of sustainable development across SIDS.” Muizzu also highlighted that a significant proportion of SIDS is either already experiencing, or are at the brink of, debt…

The Anti-Corruption Commission (ACC) has launched a probe into the case of missing money from Maldive Gas. The money in question had been an advance payment made out to a gas shipment, ACC noted. The issue came to light after Parliament’s Deputy Speaker and Dhiggaru MP Ahmed Nazim made comments about the matter during a Public Accounts Committee meeting recently, where he noted the missing money had been an advance payment made out to a liquified petroleum gas (LPG) shipment in October last year. Nazim however, did not mention the exact figure. ACC’s media official had confirmed the commission had…

Dhiraagu on Wednesday held the convocation of its most recent Apprenticeship Program, from which a total of 19 apprentices graduated. The convocation was graced by Minister of Education Dr. Ismail Shafeeu as the chief guest, who awarded the certificate of completion to the graduating apprentices. Speaking at the ceremony, the minister said Dhiraagu has continued to champion professional development among Maldivian youths, and highlighted its Apprenticeship Program is another successful feather added to the company’s cap. Dhiraagu CEO and Managing Director Ismail Rasheed had congratulated the graduates and welcomed the participants of the newest Apprenticeship Program.

Ooredoo Maldives has announced to offer 19 Umrah trips and a Hajj trip for two as gifts for customers to commemorate its 12th anniversary. The announcement came during a press conference held at Ooredoo Maldives’ headquarters on Wednesday morning, where the company’s “Live Unlimited” campaign to celebrate its anniversary was launched. Speaking at the presser, Ooredoo’s Chief Commercial Officer Hussain Niyaz said that the “Live Unlimited” campaign reflects Ooredoo’s idea of not imposing technological limitations. Niyaz also spoke regarding the lucky draw announced under the “Live Unlimited” campaign, which features 19 Umrah trips and a Hajj pilgrimage trip. He added…

The Maldives government on Tuesday, has awarded the design and build of Addu Link Road project to Road Development Corporation (RDC). Besides the design and build of the link road, RDC has been tasked with establishing drainage systems on the structure. The agreement was signed in a ceremony held at the Ministry of Construction, Housing and Infrastructure on Tuesday morning between the Minister Dr. Abdulla Muththalib and DC Managing Director Ali Zuhair. The project costs MVR 829.9 million while RDC has been conditioned to complete the project within three years and nine months. Scope of the project includes modernizing the…

The Parliament Deputy Speaker Ahmed Nazim has called for the legislature to step up in solving the issue of double pension. According to Nazim, the Maldives government has spent MVR 2.96 billion on pensions over the past 13 years. During a recent Public Accounts Committee meeting, the Deputy Speaker highlighted that the Maldives Pension Administration Office (MPAO) had shared its data pertaining to the disbursement of pensions. The information from MPAO was shared with the parliament committee in assisting the government’s ongoing cost-cutting efforts. MPAO information revealed that the primary issue related to pensions is the origin and the continued…

The Bank of Maldives (BML) on Tuesday acknowledged an issue with the bank’s systems that saw money deducted from some personal accounts twice. The issue has now been resolved according to BML. Several BML customers had taken to social media to complain regarding the issue, with some alleging potential foul play. Customers had raised concerns regarding these double deductions which had reduced their available balances. The national bank responded to one such customer complaint on X, noting that some settled transactions appeared as pending due to which the balance had been affected. BML however, assured these transactions would be reverted…

The Minister of Foreign Affairs Dr. Abdulla Khaleel has arrived in Malta on Monday on an official visit. During his trip to Malta, Minister Khaleel is expected to meet his counterpart, Deputy Prime Minister and Minister of Foreign Affairs and Tourism, Ian Borg. The two are expected to engage in talks to enhance the bilateral ties between the Maldives and Malta and exchange views on key issues of mutual interest. The minister is also expected to meet with key cabinet ministers of Malta to discuss and explore new opportunities for enhanced cooperation between the two nations. Discussions would mainly focus…

According to the Minister of Construction, Housing and Infrastructure, Dr. Abdulla Muththalib, the Maldives government may be looking ahead at paying compensation to Indian developer, Renaatus. The minister had noted that the development aspects of Gan International Airport has faced significant delays, most notably due to the delays in vacating a particular building and its plot at Gan. The building and its plot in question are located within the allocated project area. Should the government fail in vacating said property and the premises before April 17th, it may be required to pay compensation to Renaatus as per the original contract…

The Ministry of Education on Monday has contracted three local companies for the completion of unfinished school development projects in 18 islands. The ministry has contracted Road Development Corporation (RDC), Fenaka Corporation and the Maldives Transport and Contracting Company (MTCC) for these projects at a combined project total of MVR 114.9 million. Out of the three contractors, MTCC was awarded the most number of projects to complete. During the signing ceremony held at the ministry’s premises on Monday, the Minister of Education Dr. Ismail Shafeeu signed on behalf of the government authority. MTCC Managing Director Ahmed Saudhee, RDC’s front man…