The decision to replace Ali Hashim with Ahmed Munawar as the central bank governor last month foiled the recent ‘financial coup’ that the opposition is accused of plotting using the decision by the na...
Auditor General's Office has stated that the Alif Dhaalu Dhihdhoo Council had provided false information to the audit office through submitting a forged bank statement.
The 2022 Compliance Audit Repor...
President Dr. Mohamed Muizzu has appointed foreign experts with extensive experience in the global financial arena to helm the Development Bank of Maldives (DBM).
DBM’s chairperson Aruni Goonetilleke...
Noel Gregor Paterson-Jones has been appointed as the Chief Executive Officer of Maldives Development Bank. Paterson-Jones is a financial expert from the United Kingdom.
Along with Paterson-Jones, Arun...
The Development Bank of Maldives (DBM) will be a hub for investment in development of tourist resorts, real estate, housing market and other economic sectors, says President Dr. Mohamed Muizzu.
He ma...
The Chairperson, Aruni Goonetilleke and CEO Noel Gregor Paterson-Jones of the Development Bank of Maldives Limited have paid a courtesy call on His Excellency President Dr Mohamed Muizzu. The meeting...
Three persons have been appointed to the board of the Development Bank.
The three appointees include one Maldivian and two foreigners. The Maldivian appointee to the board is Ahmed Ali. He is joined b...
Israeli banks are refusing shekel cash transfers from Palestinian banks in the occupied West Bank in a move that could soon prevent Palestinians from accessing vital goods and services, Palestinian of...
Three board members have been appointed to the Development Bank of Maldives Limited, formed by President Dr. Mohamed Muizzu for crucial developmental projects.
Privatization and Corporatization Board...
The Maldivian Democratic Party (MDP) on Monday, submitted an amendment to the Criminal Procedure Act, proposing to authorize police to freeze bank accounts without a court warrant in scam cases.
The...