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Tribunal rules against Axis Bank in airport dispute

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Ahmed Naish 22 Jun 2015

A Singaporean arbitration tribunal has ruled that the Maldivian government does not have to pay US$160 million loaned by the India’s Axis Bank for airport development in 2011, Minivan News has learned...

Bank of Ceylon needs to be shut down- MP Riyaz

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Sama Ali 09 Jun 2015

Following a statement by Bank of Ceylon’s manager accusing Maldivians as “untrustworthy”، MP for Villufushi electorate and Progressive Party of Maldives (PPM)’s Parliamentary Group’s deputy leader Riy...

Bank of Maldives appoints first female chairperson

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Minivan News 30 May 2015

The Bank of Maldives has appointed Fareeha Shareef as the first female chairperson of the national bank. The bank’s board of directors decided to appoint Fareeha at a meeting on Thursday. The post had...

Gaza in a huge economical crisis- World Bank

vaguthu.mv/en/17950
Sama Ali 22 May 2015

The economy of war torn Gaza is in the verge of collapse with the Gaza Strip suffering the highest rate of unemployment in the world، World Bank reports. A report by World Bank released on Friday، sai...

Israeli prime minister calls off West Bank bus segregation

en.sun.mv/29895
20 May 2015

JERUSALEM (AP) — Israeli Prime Minister Benjamin Netanyahu on Wednesday called off a proposed plan to segregate Palestinians from Israelis on West Bank buses, overruling his own defense minister follo...

Israeli prime minister calls off West Bank bus segregation

english.sun.mv/29895
20 May 2015

JERUSALEM (AP) — Israeli Prime Minister Benjamin Netanyahu on Wednesday called off a proposed plan to segregate Palestinians from Israelis on West Bank buses, overruling his own defense minister follo...

Islamic Bank to commence a special Ramadan promotion

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BY: admin, 18 May 2015

Islamic Bank of Maldives is getting into the spirit of Ramadan by commencing a special Ramadan promotion for their customers. Under this promotion Islamic Bank customers will be able to easily buy fur...

Bank of Maldives announces competition for new children’s savings account

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BY: moosawaheed, 14 May 2015

Bank of Maldives has announced a new competition to inspire children to save today for a brighter tomorrow. The campaign consists of 2 parts: a poster competition, and a naming contest for the new chi...

Bank of Maldives introduces new loan scheme for teachers

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Minivan News 12 May 2015

The Bank of Maldives launched a new loan scheme today dedicated for Maldivian teachers and lecturers, offering loans up to MVR100,000 for a period of five years. The new scheme offers teachers loans r...

World Bank reiterates concern over unsustainable spending

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Ahmed Naish 19 Apr 2015

The Maldives is spending beyond its means with government expenditure outstripping revenue for years, the World Bank has warned. Contrary to the government’s estimate of 3.4 percent of GDP for the fis...

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Latest Articles

President and First Lady return to Malé after concluding visit to R. Dhuvaafaru

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