Reserve data published by the Maldives Monetary Authority shows that the usable foreign currency reserves of the state is at USD 177.8 million by the end of March 2021.
By the end of February 2021, t...
Maldives’ Governor Ali Hashim has stated that central bank, Maldives Monetary Authority (MMA) would address the foreign currency issues in the Maldives step by step, in order to avoid any resulting ne...
New Zealand on Thursday ordered the central bank to consider the housing market when it sets interest rates, a world-first move designed to ease a crisis that saw residential property prices jump 20 p...
The Maldives Monetary Authority (MMA) has permitted the Maldives Islamic Bank (MIB) to distribute shares from profits earned in 2019, MIB has announced.
The Annual General Meeting of the MIB was held...
The Letter of Intent has been exchanged between Fahi Dhiriulhun Corporation Limited and Exim Bank of India for the design and construction of 2,000 social housing units in suburban Hulhumale’.
The pro...
A Palestinian was shot dead Friday inside a Jewish settlement in the occupied West Bank that he infiltrated overnight, sources from both sides said.
Khaled Maher Nofal, a 34-year-old family man and Pa...
Maldives’ national bank, Bank of Maldives (BML) has announced plans to expand its deposit and payment services with Cash Agents in 100 islands within the year.
Cash Agents were introduced in 2014 as p...
The Bank of Maldives has announced that banking services such as cash deposits through cash agents and payment services are to be expanded with 100 cash agents.
Services such as withdrawals, depositi...
The World Bank will provide an additional financing of $21.6 million to further help Maldives mitigate the economic impact of the COVID-19 crisis on poor and vulnerable workers and their families.
A p...
The World Bank has approved additional financing of USD 21.6 million to further help the Maldives mitigate the economic impact of the COVID-19 crisis on poor and vulnerable workers and their families....
