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Finance Ministry sign $10 million grant with World Bank

en.sun.mv/75976
05 Jul 2022

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...

World Bank extends grants worth USD34 million to the Maldives

psmnews.mv/en/105504
04 Jul 2022

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...

High Court orders Ali Zahir to pay MVR 2.3m to Mauritius Commercial Bank

en.sun.mv/75862
29 Jun 2022

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...

Palestinian killed by Israeli forces in West Bank: Palestinian sources

edition.mv/world/25053
25 Jun 2022

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...

Palestinians say 3 killed during Israeli raid in West Bank

en.sun.mv/75571
18 Jun 2022

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...

MTCC: Bus service will be accessible with touch of phone or bank card before year-end

en.sun.mv/75522
16 Jun 2022

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...

Europe’s central bank to hike rates in July, 1st in 11 years

en.sun.mv/75365
10 Jun 2022

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...

EXIM Bank: No reason to slow down the development projects underway in Maldives

en.sun.mv/75314
08 Jun 2022

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...

World Bank dims outlook for global economy amid Russia war

en.sun.mv/75305
08 Jun 2022

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 to extend MVR154 mil to Maldives

edition.mv/business/2485...
Mohamed Rehan 04 Jun 2022

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...

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