The World Bank’s Vice President for South Asia Region, Hartwig Schafer, arrived in Maldives on January 17.
The four-day trip marks Schafer's first visit to Maldives, during which he will meet with top...
WASHINGTON (AP) — Jim Yong Kim, the president of the World Bank, announced Monday he is resigning at the end of January.
Kim's unexpected departure three years before his term was set to expire is lik...
Maldivian Ministry of Economic Development has revealed that City Councils will hold a total of 15% shares from the SME Bank, which is being developed by the government for Small and Medium Enterprise...
The council of the southernmost Addu City has passed a resolution to hold a five percent stake in the SME bank being established by the incumbent government.
In the resolution submitted by Addu mayor...
The three existing city councils in the Maldives will each have a 15 percent stake in the new SME Bank, Economic Minister Fayyaz Ismail has said.
Minister Fayyaz said while speaking to RaajjeTV on Wed...
Leader of Progressive Party of Maldives (PPM) and former Maldivian President Abdulla Yameen Abdul Gayoom has appealed the court orders for a freeze on his bank accounts with the High Court.
Speaking d...
Former President Abdulla Yameen Abdul Gayoom has appealed the Criminal Court's order to freeze his bank accounts.
At a press conference on Monday, the former president's lawyer Aishath Azima Shakoor d...
Former president Abdulla Yameen Abdul Gayoom on Monday appealed a court order freezing his bank accounts over an investigation into financial fraud.
In a statement after Yameen was summoned and quest...
The Japan Bank for International Cooperation (JBIC) has guaranteed its support for Maldives development, says Minister of Foreign Affairs Abdulla Shahid.
The Foreign Minister met with the bank’s Gover...
Maldives' graft watchdog has launched an investigation into the central bank's failure to report suspicious financial transactions linked to the largest corruption scandal in the history of the archip...
