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Bank of China declines to lend money to develop housing units in Hulhumale'

edition.mv/news/23503
Lamya Abdulla 07 Dec 2021

Bank of China declines to lend money to develop 1,700 housing units in the Second Phase of Hulhumale' as previously agreed. The project was handed over to Sinohydro Global Construction from China to d...

Gov't to seek funds from IMF, World Bank to complete resorts

avas.mv/en/109959
15 Nov 2021

The Finance Ministry has said the government is seeking funds from the World Bank and the International Monetary Fund (IMF) to continue paused resort development projects Speaking at the Parliament's...

Bank of Maldives announces 'BML Scholarship Fund'

avas.mv/en/109811
11 Nov 2021

Bank of Maldives Wednesday launched ‘BML Scholarship Fund’ as the first of series of 12 high impact monthly community initiatives to celebrate leading up to the Bank’s 40th anniversary in November 202...

Deutsche Bank Funds Speaker Nasheed's Organization

themaldivesjournal.com/3...
09 Nov 2021

The German investment bank, Deutsche Bank, has decided to financially support the Maldives Coral Institute; a nonprofit organisation lead by Speaker Mohamed Nasheed's ; through its Ocean Resilience Ph...

Maldives To Borrow MVR 1.2 Billion From Indian EXIM Bank In 2022

themaldivesjournal.com/3...
01 Nov 2021

The total debt taken out by the Maldives from the Indian EXIM bank is estimated to reach MVR1.2 billion by next year. The 2022 Budget proposal submitted to the Majlis estimates a total MVR9.7 billion...

Maldives Islamic Bank’s CEO, MD Muhaimen suspended!

en.sun.mv/70108
31 Oct 2021

Maldives Islamic Bank’s (MIB) CEO, Managing Director Abul Ehtesham Abdul Muhaimen has been suspended. The Bank said that the decision to suspend Muhaimen was taken by its board of directors on last Tu...

World Bank to explore digital development potential of the Maldives

psmnews.mv/en/94015
28 Oct 2021

World Bank’s Vice President for the South Asia region Hartwig Schafer has expressed intention to explore the digital development potential of the Maldives as part of efforts to build a more resilient...

Bank of Maldives launches BML Rewards Loyalty Program

mbr.mv/12542/
Editorial 27 Oct 2021

Bank of Maldives (BML) launches their new and exclusive loyalty program for its credit card customers – on Wednesday, 27 October 2021. Moreover, this is the very first time such a program has been lau...

Israel set to OK 3,000 West Bank settler homes this week

en.sun.mv/69962
25 Oct 2021

TEL AVIV, Israel (AP) — Israel is expected to move forward with thousands of new homes for Jewish settlers in the West Bank this week, a settlement watchdog group said Sunday. The plan for some 3,000...

World Bank reports improvement of Maldives’ recovery prospects

psmnews.mv/en/93058
08 Oct 2021

The World Bank has reported the recovery prospects of the Maldivian economy have improved with the boost in tourist arrivals to the country. The latest economic update report by the World Bank stated...

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