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Three appointed to the board of Maldives' first development bank

avas.mv/en/143414
15 Jan 2025

The Privatization Board has appointed three individuals to the Board of Directors of the Development Bank of Maldives Limited, the country's first development bank. The board members include a local,...

Central bank warns of imminent depletion of usable reserves

avas.mv/en/143292
15 Jan 2025

The Maldives Monetary Authority (MMA) has warned that the country's usable reserves are expected to be depleted this month. The central bank raised concerns in a letter to the Finance Ministry late la...

Maldives' first development bank set to launch operations in July

avas.mv/en/141018
15 Jan 2025

The Maldives' first development bank, the Development Bank of Maldives Limited, is scheduled to commence operations in July. The Development Bank of Maldives Limited was established as a 100-percent...

BML launches Bank Fund to support community initiatives

avas.mv/en/141017
15 Jan 2025

Bank of Maldives (BML) Tuesday announced a ‘Bank Fund’ to empower NGOs to contribute to their communities through sustainable projects. The ‘Bank Fund’ invites proposals for ideas that promote sustain...

World Bank revises GDP growth forecast figures for the Maldives

avas.mv/en/140142
15 Jan 2025

The World Bank has adjusted its outlook for the Maldives' GDP growth this year. The revision was made in light of tourists choosing local guesthouses over luxury resorts. The World Bank's "South Asia...

Israeli army rams vehicle into Palestinian teachers in occupied West Bank

en.sun.mv/94292
06 Jan 2025

Five Palestinians were wounded when an Israeli military vehicle rammed into their car in the occupied West Bank, local media said. A car carrying five teachers was hit by a military vehicle near the...

BML launches chance to win MVR 100,000 for using bank's card

edition.mv/news/38481
Ameera Osmanagic 02 Jan 2025

Bank of Maldives has launched a special chance to win MVR 100,000 by making transactions using the bank's debit and credit cards. The promotion is valid for transactions above MVR 200 from BML's debit...

Syria appoints Maysaa Sabrine as first woman to head central bank

en.sun.mv/94197
31 Dec 2024

Syria's interim government appointed Maysaa Sabrine, formerly a deputy governor of the Syrian central bank, to lead the institution as the first woman to do so in its more than 70-year history, a seni...

Bank of Maldives Announces Five-Day Closure for New Year Period

themaldivesjournal.com/7...
25 Dec 2024

The Bank of Maldives (BML) has announced a temporary closure of all branches, service centers, and head offices from Monday, December 31, 2024, to Saturday, January 4, 2025. Operations will resume on...

Illegal Israeli settlers torch mosque in occupied West Bank

en.sun.mv/93996
21 Dec 2024

Illegal Israeli settlers have set fire to the Bir al-Walidain Mosque in the village of Marda, northern occupied West Bank, Anadolu learned. Witnesses said a group of illegal settlers on Friday storme...

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