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STO's digital bank to be called Evolv

psmnews.mv/en/98179
02 Feb 2022

Managing Director of State Trading Organisation (STO) Hussain Amr has revealed its digital bank will be called EVOLV. In a tweet, Managing Director Amr said more countries are introducing virtual bank...

At a West Bank outpost, Israeli settlers flaunt their power

en.sun.mv/72107
27 Jan 2022

BURQA, West Bank (AP) — The Jewish settlement of Homesh, built on privately owned Palestinian land deep inside the occupied West Bank, was dismantled in 2005 and cannot be rebuilt. At least, that’s wh...

Bank of Maldives launches ‘Startup Grant’ for new businesses

mbr.mv/12868/
Editorial 16 Jan 2022

Bank of Maldives (BML) has launched their ‘Startup Grant’ loan facility for new businesses. Moreover, BML’s new facility is one out of the twelve community focused initiatives the bank will be initiat...

Maldives Islamic Bank’s CEO, MD Muhaimen fired

en.sun.mv/71461
30 Dec 2021

Maldives Islamic Bank’s (MIB) Chief Executive Officer (CEO), Managing Director Abul Ehtesham Abdul Muhaimen has been fired. The Bank said its Chief Operating Officer Ahmed Riyaz has been appointed act...

Settlers attack Palestinian villages after West Bank killing

en.sun.mv/71163
18 Dec 2021

RAMALLAH, West Bank (AP) — Jewish settlers burst into several villages in the occupied West Bank on Friday, smashing homes and cars and beating up at least two people, Palestinian officials said. The...

Israel hunts Palestinian suspects after West Bank settler killing

edition.mv/world/23553
Daniella Cheslow 17 Dec 2021

Israeli soldiers carried out a manhunt Friday in the occupied West Bank, a day after the army blamed Palestinians for shooting dead an Israeli settler and wounding two others. The army, which said Pal...

Exim Bank releases funds to begin construction of 4,000 housing units

psmnews.mv/en/96204
17 Dec 2021

The Exim Bank of India has released funds required to begin the construction of 4,000 social housing units in Hulhumale’ Phase II under two different projects. The two housing projects are carried out...

India’s EXIM Bank disperses advance payment for social housing projects

en.sun.mv/71136
17 Dec 2021

India’s EXIM Bank has dispersed USD 34 million as advance payment for the social housing projects underway at Hulhumale’ Phase II, under buyers' credit. Physical works on two housing projects will com...

UK inflation hits decade high, pressuring Bank of England

en.sun.mv/71112
16 Dec 2021

LONDON (AP) — Consumer prices in the United Kingdom are rising at their highest rate in over a decade as a result of soaring energy costs and blockages in the supply chain, official figures showed Wed...

Usable Reserves At USD359 Million: Central Bank

themaldivesjournal.com/3...
09 Dec 2021

As of the end of November 2021, the State's usable reserves amounted to USD$359 million. According to statistics published by the Maldives Monetary Authority, the total reserve was worth USD$943 milli...

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