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...
WASHINGTON (AP) — The World Bank has sharply downgraded its outlook for the global economy, pointing to Russia’s war against Ukraine, the prospect of widespread food shortages and concerns about the p...
World Bank has reported on extending a grant worth USD10 million (MVR154 million) to increase the competition and enhance the services in the broadband internet market in the island nation.
The grant...
The World Bank will be providing the Maldives with a USD 10 million -- MVR 154 million grant to increase the competition and enhance services in the broadband internet market in the Maldives.
Announci...
World Bank’s Board of Executive Directors has approved USD 10 million in grant assistance to the Maldives to leverage digital technologies for development and climate resilience.
In a statement releas...
The World Bank’s Board of Executive Directors has approved a USD10 million grant to support technology-based development of the Maldives.
As per the press release issued by the World Bank on June 2, t...
TEL AVIV, Israel (AP) — Israeli forces shot and killed a Palestinian in the West Bank on Thursday, the Palestinian Health Ministry said, as troops elsewhere demolished the home of a Palestinian who gu...
State Trading Organization (STO)’s Managing Director Hussain Amr Mohamed Rashad told shareholders on Monday the digital bank, ‘Evolve’, the organization was trying to establish was an important projec...
The World Bank will provide USD 24 million (about MVR 370.6 million) in free assistance to fund a scheme being initiated to solve workers' problems and unemployment in the Maldives.
The World Bank, a...
