Author: Mohamed Reehaan

Students of Faculty of Hospitality and Tourism Studies (FHTS), Maldives National University (MNU) have announced a tourism industry appreciation and recognition fair. Dubbed “Arutha”, the fair commemorating 50 years of Maldives tourism industry will be held at Manhattan Business Hotel’s banquet hall on 25th November 2022. A statement from FHTS students read that the with the event, the students “hope to aspire youth seeking a future in the Maldivian tourism industry, acknowledge the contributions by tourism stakeholders, travel trades and other affiliates” as well creating a memorable experience for everyone. Attendants to the event will include key tourism industry figures,…

Ooredoo Maldives reports a revenue of MVR471.2 million during 2022 third quarter. The company reports earning MVR363 million in mobile revenue, with another MVR107 million from fixed and broadband services. According to Ooredoo Maldives, its earnings increased by 1.2% when compared with preceding Q2-2022. Moreover, revenues of the company increased by 6.6% on a year-on-year basis. The company’s net profit for the review quarter is MVR127.2 million, with a 27% profit margin.

Maldives Vice President Faisal Naseem has arrived on Saturday, 05th November, Sharm El-Sheikh, Egypt for the 2022 United Nations Climate Change Conference. VP Naseem is accompanied by a high-level delegation of government officials during the visit. The UN Climate Change Conference encompasses the 27th session of the Conference of the Parties (COP27), the 17th session of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol (CMP17) and the fourth session of the Conference of the Parties serving as the meeting of the Paris Agreement (CMA4). The formal opening plenary of the conference is…

YouTube has partnered with a heavy list of streaming platforms to offer third-party subscriptions to US users directly through its platform. It has been reported that the popular streaming platform has joined hands with more than 30 different streaming services, which include Paramount+, Showtime, AMC+, Starz, IFC, Epix, Sundance Now and Vix+. The subscription and access for these platforms have been made purchasable on YouTube’s site and application via the new “Primetime Channels” feature. After users sign up for a subscription through YouTube, the content they subscribe for will be displayed and viewable alongside the standard YouTube “fare in searches…

Researchers at the University of Waterloo, Ontario have created a scanning drone that can triangulate the location of every Wi-Fi connected device inside any given residence. The researchers credited with creating this new drone, Ali Abedi and Deepak Vasisht, recently presented their findings at the 28th Annual International Conference on Mobile Computing and Networking. They had named this device ‘Wi-Peep’. The ‘Wi-Peep’ “engages in what researchers call a ‘location-revealing privacy attack’ that can manipulate the data and Wi-Fi networks and use it to ‘see through walls.’ How Does it Function? According to the researchers, the drop exploits security deficiencies in…

Telecommunication and internet service provider, Dhiraagu reported a quarterly revenue of MVR627.4 million in 2022 third quarter. According to Dhiraagu, the company’s revenue increased by 1% compared to the preceding Q2-2022. Net profit and earnings per share however, decreased by 7% versus the previous quarter owing to the increase in other income during Q2-2022. The company generated a revenue of MVR618.8 million during the second quarter. The telecom giant’s expenditure for the review quarter stood at MVR389.4 million. Its income tax expenditure for the quarter is MVR35.7 million. With this, Dhiraagu reported a net profit after tax of MVR202.3 million…

Government is currently executing multiple social housing projects; which include mid-range and mixed-residential initiatives. State has contracted two Indian developers to construct 4,000 housing units in Hulhumale’ Phase II. The units will be composed of 2 bedrooms and 3 bedrooms apartments. Additional to these, six different private sector developers have been contracted to develop housing properties in Hulhumale’ Phase I. The developers include Apollo, RCC, SJ along with Fedo among others. The combined total of these projects is 2,175 housing units, reports Housing Development Corporation (HDC). Subsequently HDC has contracted real estate developers towards the construction of another 1,000 units.…

Tourist arrivals to the Maldives as of 02nd November 2022 has surpassed the annual tourist arrivals recorded in 2021. According to Ministry of Tourism, tourist arrivals by the review date has reached an annual total of 1,354,828. This indicated a 32.5% annual increment compared with 2021; during which arrival total stood at 1,022,481. However, the arrival count so far in 2022 is still 3.4% below pre-pandemic levels in 2019; during which arrival total had reached 1,402,626. The daily arrival average in annual terms reached 4,428 whereas the average duration of stay is currently 8.1 days in annual terms. Source market…

Male’ City Council unveiled illustrations depicting the planned development of Boduthakurufaanu Magu; the city’s surrounding and outer-most road. The council released four pictures via Twitter, digital renderings of the proposed changes to the route. The developments include date palms running across the full length of the road, from the south side of the city. Date palms are not native to the Maldivian soil, and the pictures show these trees planted in equal distances; lined alongside the harbor sidewalk. Though not grown fully, date palms have been planted from in designated ‘plant boxes’ running the entire length of the road on…

LUX* South Ari Atoll has become the recipient of several awards during October 2022. This luxury-tier tourist resort won two distinct awards at the sixth edition of South Asian Travel Awards (SATA). The resort grabbed “Leading Luxury Resort” and “Leading Eco-Friendly Resort” titles at the event. Maldives won a total of 31 accolades, including the two wins of LUX* South Ari Atoll, at this year’s SATA. Moreover, the property was listed among traveler favorites and received a Traveler’s Choice Award from TripAdivsor. Additionally, LUX* South Ari Atoll was listed among top Indian Ocean properties of 2022 in the Reader’s Choice…