Desk archive

Business

982 Stories published

Latest on this desk

Ali Riza wins Ooredoo’s 15th Umrah trip

Ali Riza from B. Kendhoo has been selected as the 15th winner of the special anniversary campaign conducted by Ooredoo Maldives. Under this lucky draw, Ali Riza received an Umrah trip. The prize was accepted by Raeen on behalf of Ali Riza. This campa...

Yashna 13 Feb 2026 2 min read

Development Bank Authorized to Commence Operations

The Maldives Monetary Authority (MMA) has issued the necessary permit to the country's first development bank, the Development Bank of Maldives (DBM), to commence banking operations. According to the Authority, this permit has been issued to take effect fro...

Yashna 31 Jan 2026 163 reads

Self-Service Banking ATM Service Launched in Thilafushi

  Bank of Maldives (BML) has further expanded its nationwide ATM network by establishing self-service banking ATM services in the industrial island of K. Thilafushi. The special ceremony held yesterday to inaugurate the ATM in the industrial hub was...

Yashna 31 Jan 2026 160 reads

Construction begins on five projects to deliver 3,200 affordable BML housing units

Physical construction work has commenced on five major affordable housing projects being developed by BML Affordable Home Leasing Company, a subsidiary of the Bank of Maldives. A ceremonial groundbreaking was held today in Hulhumalé to mark the official launc...

Yashna 28 Jan 2026 169 reads

Sheet piling work for Segment 2 of Boduthakurufaanu Magu development completed

The Maldives Transport and Contracting Company (MTCC) announced today that the sheet piling work for Segment 2 of the project to develop the northern side of Male's Boduthakurufaanu Magu into four lanes has been fully completed. According to MTCC, 100%...

Yashna 27 Jan 2026 155 reads

Port area opened for 24-hour cargo vessel entry following restrictions since the November 3 attacks

The Maldives has reinstated 24-hour access to port limit areas for incoming international cargo vessels, with the change coming into effect today. This marks the first time in 36 years that this policy—originally implemented for security reasons followi...

Yashna 26 Jan 2026 160 reads

Ooredoo Maldives Unveils 2026 Calendar “Tea with Ooredoo,” Celebrating Culture and Connection

Ooredoo Maldives has unveiled its 2026 calendar under the theme “Tea with Ooredoo,” a celebration of the simple, meaningful moments that bring people together in everyday Maldivian life. Each year, Ooredoo’s calendar tells a story rooted in local culture, cre...

Yashna 26 Jan 2026 13 reads

Ooredoo Maldives Partners with World Record Dive Expedition "Across Maldives"

Ooredoo Maldives has been appointed as the Digital Partner for the "Across Maldives" underwater expedition, a world-record-breaking attempt aimed at raising public awareness for ocean conservation. The company stated that it is a great pleasure for Ooredoo...

Yashna 25 Jan 2026 11 reads

Ooredoo Business Partners with Highrise as Digital Partner for Food & Beverage Show 2026

Ooredoo Business has partnered with Highrise as the Digital Partner for the Food & Beverage Show 2026, connecting businesses to one of the Maldives’ largest platforms for the food and beverage industry. Now in its 9th edition, the Food & Beverage Sh...

Yashna 21 Jan 2026 10 reads

STELCO dispatches gensets to 12 islands in preparation for peak season

State Electric Company Limited (STELCO) has commenced the dispatch of generator sets to 12 islands in preparation for the upcoming peak season and the month of Ramadan. This initiative is part of the company's annual efforts to maintain service quality duri...

Yashna 20 Jan 2026 9 reads

STO seeks agents to sell 23 essential items in seven islands, including Dhidhdhoo and Ihavandhoo

STO (State Trading Organization) has announced that it is seeking agents to sell 23 types of essential food items, as determined by the company, across various islands. In this round, the opportunity is open to business owners in seven islands across the Maldi...

Yashna 20 Jan 2026 11 reads

Para Table Tennis Coaching Camp Begins in Kulhudhuffushi

A Para Table Tennis coaching camp has commenced in Kulhudhuffushi City. According to the Kulhudhuffushi City Council, this coaching camp is being conducted with their assistance in collaboration with the Maldives Paralympic Committee, the Table Tennis Assoc...

Yashna 18 Jan 2026 11 reads

Nuzuha Ibrahim Wins 14th Umrah Trip in Ooredoo Maldives’ LiveUnlimited Campaign

Ooredoo Maldives is pleased to announce Nuzuha Ibrahim from M. Mulah as the Fourteenth lucky recipient in its ongoing #LiveUnlimited Anniversary Campaign. She will soon embark on a fully-sponsored Umrah pilgrimage, marking another milestone in Ooredoo’s commi...

Yashna 18 Jan 2026 12 reads

Reserves exceed year-end forecasts, nearing one billion dollars

By the end of last year, the Maldives' official reserves increased significantly beyond previous projections, nearing the one billion dollar mark. According to statistics released by the Maldives Monetary Authority (MMA), official reserves stood at $948.3 m...

Yashna 16 Jan 2026 11 reads

Ooredoo Conducts Digital Literacy Programs for Senior Citizens

As part of Ooredoo Maldives' ongoing digital literacy initiatives, special sessions have been held in Malé and Hulhumalé for members of the "Israhvehinge Naadhee" (Senior Citizens' Center). These activities were conducted to mark the launch of this year...

Yashna 16 Jan 2026 15 reads