Author: Mohamed Reehaan

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…

Heidelberg Materials UK, a British-based building materials company headquartered in Maidenhead, has acquired B&A Group, one of the leading construction soil and aggregate recycling companies in south west England. The Bristol-based B&A Group employs a team of 70 and specializes in the supply of recycled and primary aggregate, site clearance, earthworks, land remediation and sustainable land regeneration. B&A Group had its most successful year to date in 2023, tuning over in excess of GBP 50 million making a pre-tax profit of GBP 9.1 million. The acquisition of B&A Group is another example of Heidelberg Materials’ commitment to reaching net zero…

Crown and Champa Resorts (CCR)’s Veligandu Maldives Resort Island in North Ari Atoll is expected to reopen in November 2024. First established in 1984, Veligandu Maldives is one of the pioneering resorts in Maldives tourism industry. The property has gone through extensive renovation to connect with the modern travelers. Velagandu falls under CCR’s rich property portfolio that boasts of luxury-tier tourist properties such as Kudadoo Maldives Private Island, Hurawalhi Maldives Island Resort, Kagi Maldives Resort & Spa, and Jawakara Island Maldives. “Veligandu Maldives Resort Island will be an enchanting escape for guests to immense themselves in the natural beauty of…

The 18th edition of the Infofish World Tuna Trade Conference and Exhibition commenced on Monday, May 20, 2024. The Minister of Fisheries and Ocean Resources Ahmed Shiyam attended the inauguration ceremony as the chief guest, and officiated the exhibition. While speaking at the inaugural ceremony, Shiyam revealed the vision for fisheries industry development plans under President Dr. Mohamed Muizzu’s administration. Shiyam highlighted ongoing government efforts to seek lucrative blue economy ventures and sectors besides traditional fishing activities. Besides this, the minister also provided insight into state’s efforts to establish factories to process canned and pouched fish for export instead of…

Ooredoo has announced the launch of Saudi Passport, a dedicated roaming SIM card designed to provide seamless connectivity and excellent rates for Hajj pilgrims. With the Saudi Passport SIM, Ooredoo aims to ensure its customers to stay connected with loved ones and access essential services. “Enjoy unbeatable call, SMS, and data rates” Ooredoo said, about the SIM which is tailored specifically for the Hajj season, that ensures connectivity throughout the pilgrims’ journey. The Saudi Passport SIM comes bundled with 15GB roaming data, 60 minutes of voice calls (calling and receiving) and 60 SMS. Additional data will be charged at MVR…