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Maldives becomes founding member of Asian infrastructure bank

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Ahmed Naish 29 Jun 2015

The Maldives signed articles of agreement today to establish the China-led Asian Infrastructure Investment Bank (AIIB) as one of 57 prospective founding members. Finance minister Abdulla Jihad signed...

Asian Infrastructure Bank

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29 Jun 2015

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China-led AIIB development bank takes shape

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Zifleen Ahmed 29 Jun 2015

China has hosted the signing ceremony of the Asian Infrastructure Investment Bank (AIIB)، a new international financial institution set to rival the World Bank and Asian Development Bank. Delegates fr...

World Bank donates computers, printers to five hospitals

en.sun.mv/30623
26 Jun 2015

The World Bank has donated computers and printers to five hospitals in the Maldives. The donation was handed over to the hospitals at a ceremony at State Electric Company (STELCO) on Thursday night, b...

World Bank donates computers, printers to five hospitals

english.sun.mv/30623
26 Jun 2015

The World Bank has donated computers and printers to five hospitals in the Maldives. The donation was handed over to the hospitals at a ceremony at State Electric Company (STELCO) on Thursday night,...

Additional branches of Islamic Bank to be opened in Maldives

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BY: moosawaheed, 26 Jun 2015

Maldives Islamic Bank has reported that the Bank is to open additional branches across the nation. Speaking in a press conference held Thursday, the Bank’s Deputy Manager Mohamed Ziyau Ahmed stated th...

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

vaguthu.mv/en/19997
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

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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...

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