COLOMBO, Sri Lanka (AP) — Sri Lanka’s Central Bank has raised its key interest rates to their highest levels in more than 20 years to try to contain inflation that has added to the country’s economic...
The Government of Maldives and the World Bank on Tuesday signed a Financing Agreement of SDR 7,300,000 (Special Drawings Rights) which is equivalent to USD10 million.
The grant was extended by World B...
The Finance Ministry on Monday signed a USD 10 million grant project with the World Bank.
The Finance Ministry detailed that the project – Sustainable and Integrated Labor Services (SAILS) was aimed a...
The World Bank has extended two grants worth a combined total of USD34 million for two different projects initiated in the Maldives.
The grant agreements were signed between the Government of the Mald...
The High Court on Wednesday maintained the Civil Court’s order asking the Chief of Staff at the President’s Office Ali Zahir to pay MVR 2.3 million to the Mauritius Commercial Bank (MCB).
The case was...
A Palestinian teenager died from his wounds hours after being shot by Israeli soldiers in the occupied West Bank, Palestinian sources said Saturday.
Mohammad Hamad, 16, was shot and wounded on Friday...
JERUSALEM (AP) — Israeli forces shot dead three Palestinians and wounded eight others early Friday during a military operation in the occupied West Bank town of Jenin, the Palestinian Health Ministry...
Maldives Transport and Contracting Company (MTCC)’s managing director Adam Azim states public transport services will be accessible with a simple touch of a smartphone or bank card before the end of t...
AMSTERDAM (AP) — The European Central Bank will raise interest rates next month for the first time in 11 years and add another hike in September, catching up with other central banks worldwide as they...
Export-Import Bank of India (EXIM Bank) has stated that there is no reason to slow down development projects underway in the Maldives – citing the significant improvements seen in the tourism sector f...