Business

Night Landing Systems to be installed at Hoarafushi Airport and Maavarlu Airport

Regional Airports Company Limited (RACL) has stated that preparing Hoarafushi Airport and Maavarlu Airport for night operations. According to RACL, they have started the process of installing night landing systems at the two airports and it will be complete...

Ibrahim Yaafiu · 16 May 2023 · 10 reads

Al-Medina Investments to build an Education Institute in Hulhumale'

A framework agreement has been signed to establish an educational institute in Hulhumale'. The framework agreement was signed between Urbanco and Al Medina Investment at ceremony held at Urbanco on Sunday. The agreement was signed on behalf of Urbanco by Ma...

Ibrahim Yaafiu · 15 May 2023 · 1 reads

Maldives Post won Gold EMS Performance Award

Maldives Post has won the Gold Award given by Universal Postal Union (UPU) to companies providing the world's best Express Mail Service (EMS). The EMS performance award was presented to Maldives Post at the EMS Cooperative General Assembly held in Bern, Swi...

Ibrahim Yaafiu · 14 May 2023 · 8 reads

MTCC Board approved to distribute MVR 4 as dividend

Board of Maldives Transport and Contracting Company (MTCC) has decided to distribute MVR 4 as dividends per share. Company stated that a MVR 4 will be distributed from total dividend of MVR 32.15 million, which is the highest dividend declared in company’s...

Ibrahim Yaafiu · 13 May 2023 · 7 reads

World Bank to assist Maldives with a $15 million project

To strengthen private participation in and financial sustainability of state-owned enterprises (SOEs) and the mechanisms that support the competitiveness of small and medium enterprises (SMEs) in Maldives, The World Bank’s Board of Executive Directors approved...

Ibrahim Yaafiu · 13 May 2023 · 10 reads

Sh. Feydhoo Harbour Development project completed

Maldives Transport and Contracting Company (MTCC) has stated that they have completed Sh. Feydhoo Harbour Development project. Under the project to develop Sh. Feydhoo Harbour company carried dredging operations of 24,456 cubic meter, 9000 cubic meter channel...

Ibrahim Yaafiu · 11 May 2023 · 5 reads

Kulhudhuffushi Airport Shore Protection Project completed

Regional Airports Company, which operates Kulhudhuffushi Airport has stated that HDh. Kulhudhuffushi Airport Shore Protection Project has been completed. Ministry of National Planning, Housing and Infrastructure (MoNPHI) awarded the Kulhudhuffushi Airport S...

Ibrahim Yaafiu · 11 May 2023 · 11 reads

Ooredoo enables payments to STO People's Choice via m-Faisa

Ooredoo Maldives has partnered with STO People's Choice, to bring its customers a modern, safe, and convenient digital payment solution with m-Faisaa. STO People's Choice is a leading Maldivian retail store chain that offers a wide range of products, includin...

Ibrahim Yaafiu · 11 May 2023 · 11 reads

BML introduces Two Factor Authentication for Online Banking Logins

Bank of Maldives (BML) has introduced Two Factor Authentication (2FA) for Mobile Banking logins as a further step to protect its customers. According to BML, with the new update, an extra layer of security will be added to verify that the login is by the re...

Ibrahim Yaafiu · 10 May 2023 · 10 reads

Ha. Ihavandhoo School Multi-purpose Hall project almost complete

Maldives Transport and Contracting Company (MTCC) has stated that the Ha. Ihavandhoo School Multi-purpose Hall project is almost completed. MTCC also updated on ongoing works stating that contracted scope of work has been completed, and additional variation...

Ibrahim Yaafiu · 9 May 2023 · 9 reads

Sh. Narudhoo Harbour Renovation Project commenced

Maldives Transport and Contracting Company (MTCC) has stated that they have commenced Sh. Narudhoo Harbour Renovation Project. According to MTCC, project was commenced on May 4, 2023. MTCC also updated ongoing works stating that new harbor basin dredging op...

Ibrahim Yaafiu · 8 May 2023 · 4 reads

50% of Ha. Hoarafushi Juvenile Justice Unit (Halfway House) project completed

Maldives Transport and Contracting Company (MTCC) has stated that 50% of Ha. Hoarafushi Juvenile Justice Unit (Halfway House) project has been completed. MTCC also updated on ongoing works stating that roofing work has been completed, and ceiling and plaste...

Ibrahim Yaafiu · 8 May 2023 · 8 reads

Ooredoo Fun Run held at Kulhudhuffushi City concluded

Ooredoo Maldives has concluded Ooredoo Fun Run held at Kulhudhuffushi City on May 5, 2023. Unlike previous years this year’s Ooredoo Fun Run was held at Kulhudhuffushi City. Previous years the event was held in the Male' area. However, this is the first tim...

Ibrahim Yaafiu · 7 May 2023 · 5 reads

Second shipment of rock boulders required for Ha. Dhidhdhoo Harbour Extension and Jetty Construction Project delivered

Maldives Transport and Contracting Company (MTCC) has stated that the second shipment of rock boulders required Ha. Dhidhdhoo Harbour Extension and Jetty has been delivered to the project site. MTCC also updated on ongoing works stating that variation quay...

Ibrahim Yaafiu · 6 May 2023 · 7 reads

N. Maalhendhoo Jetty Extension and Shore Protection Project awarded to MTCC

Ministry of National Planning, Housing, and Infrastructure has awarded N. Maalhendhoo Jetty Extension and Shore Protection Project to Maldives Transport and Contracting Company (MTCC). At a ceremony held at the Planning Ministry, the agreement was signed by...

Ibrahim Yaafiu · 5 May 2023 · 6 reads