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Doubling salary spend in 2007-09 crippled economy: World Bank

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JJ Robinson 26 May 2010

An internal World Bank bank report produced for the donor’s conference, called ‘Placing the Macro Challenge Facing the Maldives in Context’ has revealed the full extent of the economic challenge facin...

sand bank – gasim

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11 May 2010

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World Bank reports Maldives’ debt caused by former government

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Minivan News 14 Apr 2010

The World Bank has issued a report saying the Maldives was on the verge of economic collapse in 2008 when President Mohamed Nasheed’s government was elected, reports Miadhu. According to the report, b...

President meets with World Bank Country Director

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Minivan News 31 Mar 2010

President Mohamed Nasheed met with World Bank Country Director, Naoko Ishii, at the President’s Office yesterday morning. Ishii congratulated the president on behalf of World Bank’s Vice President for...

Three men arrested for attack on Habib Bank manager

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Ahmed Nazeer 08 Mar 2010

Police have arrested three men in connection with the armed robbery of Habib Bank’s country manager, Mohamed Anjul Jameel. Chief inspector of police Mohamed Jamsheed identified the three men as Ali Sh...

Hospitalised bank manager vows never to return to the Maldives

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Minivan News 07 Mar 2010

The manager of Habib Bank in Male’ who was hospitalised after he was  attacked by four masked men waiting outside his house last week, has told Haveeru he is “leaving, never to return.” Pakistan-born...

Manager of Habib Bank stabbed and robbed

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Ahmed Nazeer 04 Mar 2010

The country manager of Habib Bank was stabbed and robbed in his home yesterday evening by a gang of four masked men. Mohamed Anjul Jameel suffered injuries to his nose, forehead and right arm but was...

Development bank to be established this year

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Minivan News 02 Mar 2010

President Mohamed Nasheed has announced the establishment of a new development bank specialising in providing investments for small and medium enterprises, to be ready at the end of the year. Preside...

Embezzlement accusations resurface amid World Bank investigation

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JJ Robinson 07 Dec 2009

Ibrahim Hussein Zaki, special envoy to the president, has renewed allegations that former president Maumoon Abdul Gayoom has US$80 million hidden in foreign bank accounts, including US$40 million in t...

Speech by His Excellency Mr. Maumoon Abdul Gayoom, President of the Republic of Maldives, at the Ceremony to mark the 25th Anniversary of Habib Bank Limited

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23 Sep 2001

بســم اللّـه الرّحمـن الرّحيــم   Honourable Ministers, Mr. Zakir Mahmood, President of Habib Bank, Distinguished Guests, Ladies and Gentlemen: Let me first of all thank Mr. Zakir Mahmood and the...

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