Author: Mohamed Reehaan

The Minister of Homeland Security and Technology has highlighted prevalence of cybercrime as a universal threat, adding that the Maldives too, is grappling with the issue. The Minister Ali Ihusan made the statement in his speech at the Global Security Forum 2024, held in Qatar. In his speech, the minister stressed how cybercrime was jeopardizing the privacy and financial security of the Maldivian citizens, and the integrity of businesses and government institutions. He noted that cybercrime has stretched from identity theft to online scams, with its impact far-reaching and often devastating. “… in a nation reliant on technology for communication,…

Bank of Maldives (BML) on Wednesday, May 22, 2024 announced the lucky winner of the special Mastercard promotion. BML announced Mohamed Muhdin is the lucky winner of the grand prize, who will receive the opportunity to attend the final match of the UEFA Champions League game in London. Additionally, the national bank announced Muhdin’s younger sibling, Ibrahim Zain Ziyad, has been selected as a player mascot of the final match. As lucky winners, Muhdin and his brother will receive an all-expense paid four-day trip to London, accommodation, pocket money and welcome gift. Mastercard is the official sponsor of the UEFA…

The Privatization and Corporatization Board (PCB) has announced the termination of Maldives Marketing and Public Relations Corporation (MMPRC) Managing Director Fathmath Thaufeeq, and the Chairman of Housing Development Corporation (HDC) Ahmed Zuhoor. The MMPRC Managing Director, Fathmath Thaufeeq, commonly referred as Kudu, was appointed to lead the state tourism board last December. Her dismissal had followed the resignations of MMPRC’s Chairperson Aysha Nurain Janah and its board member Rafil Mohamed. Media reports speculate, both resigned over dissatisfaction with the corporation’s management, especially executive decisions of the Managing Director. Reports also claim Nurain sent a letter addressed to Maldives President Dr.…

The Chairperson of Maldives Marketing and Public Relations Corporation (MMPRC) Aysha Nurain Janah has officially resigned from her post. Privatization and Corporatization Board (PCB) on Thursday morning confirmed Nurain’s resignation of its official X handle. PCB added Nurain tendered her resignation on Wednesday. The board also said it had “accepted her resignation” and accordingly removed her from the position. Despite abrupt resignation move, neither Nurain nor any government source commented the reason for her exit. Nurain is the daughter of prominent entrepreneur and the Principal Advisor on Trade Investment to the President, Mohamed Ali Janah. She was appointed as MMPRC’s…

Employees of State Electric Company (STELCO) rescued multiple children stranded in sea amid a storm on Tuesday afternoon, at AA. Thoddoo. STELCO highlighted the bravery and quick thinking by its employees in hasting the rescue efforts to children before any unfortunate circumstances rose. Besides rescuing the children in sea, STELCO employees had removed debris from the streets and roofs of Thoddoo. STELCO said it remains committed in serving the public in all their needs, besides extending affordable utility services.

The Privatization and Corporatization Board (PCB) on Tuesday, confirmed the termination of Maldives Industrial Fisheries Company (MIFCO)’s CEO Ahmed Samah Rasheed. Samah’s termination as MIFCO’s CEO and the company’s board member was confirmed not a month after he was reinstated following a suspension. He was placed under a 14-day suspension earlier on March 18, 2024, when PCB announced his employment was suspended owing to a complain over a corporate governance issue, for which the board needed to run an inquiry. PCB later extended his initial suspension, but was later reinstated to his original position on April 23, 2024. At the…

Maldives Minister of Finance Dr. Mohamed Shafeeq on Monday, attended the launching ceremony of the Maldives Development Update: Scaling Back & Rebuilding Buffers (May 2024) by the World Bank. In his opening remarks, the minister thanked World Bank team for the close collaboration between the ministry and the Bank in compiling the report. Minister Shafeeq also said the ambitious fiscal reforms were essential including reform of state-owned enterprises, subsidy reforms, and health expenditure reforms. Besides the minister, Deputy Minister of Finance Ahmed Saaid Musthafa participated in the event as panelist in the panel discussion on the way forward for fiscal…

Maldives Marketing and Public Relations Corporation (MMPRC) is hosting journalists from Japan to visit the Maldives on a familiarization (FAM) trip. The Japanese reporters are currently in the Maldives, from May 17 to 24, experiencing stays in three properties; Huvafen Fushi, Movenpick Resort Kuredhivaru and LUX* South Ari Atoll. Notable media outlets represented by the writers include VOGUE Japan Online, CREA WEB, Numero Tokyo.jp and MyNavi Woman. With this familiarization trip, MMPRC aims to build great brand awareness of the Maldives tourism industyr in the Japanese market, and provide the opportunity to send notable publications to target viewers and readers.…

Maldives President Dr. Mohamed Muizzu has announced the decision to host a national-scale expo on promoting the country’s productivity, commerce, and avenues of growth for local ventures. President made the announcement in reference to the paper submitted by the Minister of Economic Development and Trade Mohamed Saeed during Sunday’s cabinet meeting at the President’s Office. Dubbed’ “Dhiveheengee Ufehdhuntherikamuge Maurazu” (Maldivian Productivity Expo), has been announced for May 2025. “To ensure a competitive environment, the expo will facilitate participation of businesses from various sectors which would include Creative Economic District, Digital and Innovative District, Entertainment District, and Market Place Districit,” the…

Tourism Seychelles and Emirates Airline have reaffirmed their commitment to enhancing tourism cooperation. This renewed dedication was made formal with the signing of the memorandum of understanding (MoU) at the Arabian Travel Market (ATM) 2024 earlier in Dubai, United Arab Emirates. The MoU was signed by Ahmed Khoory, Emirates Airline’s Senior Vice President Commercial – West Asia & Indian Ocean and Sherin Francis, Principal Secretary of Seychelles Tourism Department. The MoU signing was attended by high-profile officials including Seychelles Minister for Foreign Affairs and Tourism, Sylvestre Radegonde and Emirates Airlines’ Executive Vice President for Passenger Sales and Country Management, Nabil…