The Maldives Monetary Authority has taken over the sale of US dollars to Maldivians planning to travel overseas, citing difficulties faced by banks to meet high demand during the school holiday season...
Maldives central bank has expressed skepticism over the proposed revenue generation from the sale of Islamic and conventional bonds to foreign investors.
According to the proposed state budget for nex...
Mauritius Commercial Bank is facing a lawsuit over an alleged fraudulent check that led to the embezzlement of over USD1 million from the state owned utility company Fenaka.
Fenaka had released MVR17...
Finance Ministry and local banks have denied rumours that the country's central bank has cut-off US dollar sales to banks and travelers going abroad.
Maldives Monetary Authority (MMA) spokesperson, Ma...
Bank of Maldives has extended its support to the first Initial Public Offering (IPO) of a privately owned company in Maldives. The Bank signed an agreement with Centurion PLCthis morning to act as its...
A man withdraws USD notes from a dollar ATM in the capital Male. MIHAARU PHOTO/NISHAN ALI
Maldives’ central bank refuted rumours of plans to increase the US Dollar value in the Maldives on Wednesday....
CEO of Maldives Islamic Bank, Haaris Haaroon have said that Islamic Bank will always provide assistance to Islamic University of Maldives.
Speaking at the ceremony held to sign an agreement of coopera...
Islamic University of the Maldives and Islamic Bank has signed an agreement of cooperation between the two institutions.
The agreement was signed in a ceremony held this afternoon at Islamic Universit...
An amendment has been proposed to Employment Act to extend the time period given for expatriate workers to open bank accounts in the country where their salaries can go to from three months – staring...
An amendment has been proposed to Employment Act to extend the time period given for expatriate workers to open bank accounts in the country where their salaries can go to from three months – staring...
