Author: Mohamed Reehaan
Bank of Maldives (BML) Islamic on Thursday, announced a new promotion for BML Islamic customers. According to the bank’s Islamic wing, for all BML Islamic credit cards applied and approved during the promotion period, a grand winner will be selected to receive MVR 25,000 at the end of the promotional period. Customers can apply for the BML Islamic Amex Credit cards either through internet banking platform or the mobile application. BML Islamic American Express Credit Card comes with a slew of benefits, including local and international offers for card members. The benefits include exclusive savings on booking.com and offers on…
Minister of Construction and Infrastructure Dr. Abdulla Muththalib on Thursday, said the reclamation of K. Fushidhiggaru under the Ras Male’ mega project, cannot be completed within eight months as previously stated by President Dr. Mohamed Muizzu. Physical works of the biggest housing initiative of this administration, commenced earlier on December 18, 2024. Under the project, a total of 1,153 hectares of land will be reclaimed, which the state aimed to complete within an eight-month window. During the press conference held on Thursday, the minister confirmed the project will not be completed within earlier projected window. He also said that the…
Ooredoo Maldives has won the “Small Markets Telco of the Year” at the prestigious Twimbit Telecom Awards 2024, held at the St. Regis Singapore on May 28. Ooredoo Maldives faced competition from Dhiraagu and Brunei’s DST for the title. “We are humbled and honored to receive the “Small Markets Telco of the Year” award at the Twimbit Telecom Awards 2024. This is a testament to the hard work and dedication of our incredible team, whose relentless efforts have made this achievement possible,” said Khalid Al-Hamadi, CEO of Ooredoo Maldives. “We extend our heartfelt gratitude to everyone who contributed to this…
Maldives Marketing and Public Relations Corporation (MMPRC/Visit Maldives) has been named the official destination partner for the prestigious 7th Air Services World Congress (ASWC) 2024. The announcement was made during an event held at the Noovilu Seaplane Terminal, Velana International Airport (VIA). The event saw participation from the CEO and Managing Director of Maldives Airports Company Limited (MACL) Ibrahim Shareef Mohamed, deputy managing directors, senior management, and partners. The highly anticipated ASWC is scheduled to take place from July 09 to 11, 2024 at Kurumba Maldives, with 300 delegates expected to attend from various regions around the globe. This year’s…
Bank of Maldives (BML) shareholders have approved a record total dividend payout of MVR 269 million at MVR 50 per share, at the Bank’s Annual General Meeting on Tuesday evening. Speaking at the meeting, BML’s Chief Executive Officer and Managing Director Karl Stumke commented, “This total dividend payout stands as the largest in our bank’s history as we achieved our best-ever performance in 2023.” “I thank our customers for their continued loyalty and we are committed to continuously improving your experience with us and making banking with us as seamless and convenient as possible.” Stumke added that the bank will…
Maldives Marketing and Public Relations Corporation (MMPRC/Visit Maldives) and Weixin Pay signed a three-year memorandum of understanding (MoU) at the recent ITB China 2024. The MoU was signed between MMPRC Deputy Managing Director Zihuny Rasheed, and Weixin Pay’s Country Manager, Singapore and Regional Director, Southeast Asia Etienne Ng. With this arrangement, MMPRC pledges to support more Maldives merchants to accept payments made via Weixin Pay – aimed at enhancing convenience for Chinese tourists. “China is a key source of tourists for the Maldives, and we greatly value the experience of Chinese visitors, Zihuny said and added, “We plan on promoting…
Maldives has urged the Commonwealth to expand its role and involvement in supporting Small Island Developing States (SIDS). Maldives President Dr. Mohamed Muizzu made the appeal during a meeting with Patricia Scotland, the Secretary General of Commonwealth on Tuesday, which took place in Antigua and Barbuda on the sidelines of the 4th International Conference on SIDS. While the two discussed on prevalent issues to SIDS and other small states in the Commonwealth, he had acknowledged the organization’s assistance in fields of sports, youth empowerment, education, environment and technology. Scotland applauded Maldives for its strong and valuable leadership on critical issues…
The Maldives Minister of Tourism Ibrahim Faisal has highlighted the strong relationship between the Maldives and China at the ITB China 2024 trade fair. The minister made this statement while speaking at the Maldives Media Meet hosted by the Maldives Marketing and Public Relations Corporation (MMPRC) on the sidelines of the ITB China in Shanghai, China. Minister Faisal stressed China’s position as the top-ranked tourism market to the Maldives, and noted the importance of further strengthening connectivity through additional direct flights from various regions in China. “The recent launch of direct flights from Fujian is a significant step forward, and…
LUX* South Ari Atoll has won big at the Hotel Asia Culinary Challenge 2024 held from May 13 to May 15. The event, featuring a record-breaking 692 participants from 71 resorts across Indian Ocean region, is an acclaimed platform for showcasing culinary excellence. At the event LUX* South Ari Atoll secured the coveted title of the Most Outstanding Chef by the resort’s Senior Sous Chef Barun Kumar Singh, and landed a total of 31 awards – 6 gold, 8 silver, 8 bronze, and 8 merit certificates. “We are incredibly proud of our culinary team’s outstanding performance at the Hotel Asia…
Maldives President Dr. Mohamed Muizzu has called for financial architecture reforms and avenues for partnership for Small Island Developing States (SIDS) to enable easier access to finance to reach Sustainable Development Goals (SDGs). President Muizzu made the remarks in his keynote address at the high-level meeting on Resource Mobilization for SIDS at the 4th International Conference on SIDS (SIDS4) held in Antigua and Barbuda. In his keynote address, President Muizzu remarked that numerous SIDS, including the Maldives, that have graduated from the Least Developed Countries (LDC) category pay a hefty price tag, considering the increase in the cost of borrowing…