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The Edition brings you the most comprehensive English News in the Maldives via original and timely updates on breaking news, politics, business, sports and lifestyle from across the country and South East Asia.
- 376articles · 30d
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- Aug 15, 2026earliest in window
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- 123avg words
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News
MIB marks 15 years with focus on digital banking
1+ day, 6+ hour ago (266+ words) Maldives Islamic Bank (MIB) has marked its 15th anniversary by highlighting the expansion of its digital banking services and its focus on Islamic finance principles. The bank, which began operations on the anniversary of the Maldives’ conversion to Islam, has introduced…...
No extra fees charged for ATM withdrawal for students abroad
4+ day, 1+ hour ago (199+ words) Bank of Maldives (BML) stated today that the collection of the "cross-border" fee, which was previously charged when withdrawing cash from ATMs using debit cards abroad, has now been stopped. The cross-border fee is a fee charged by all banks…...
Iongrid appointed exclusive distributor for Chinese electric outboard maker
5+ day, 2+ min ago (287+ words) Iongrid has been appointed the exclusive distributor in the Maldives for Chinese company ExploMar, which manufactures electric outboard engines. ExploMar said in a statement that its electric outboard engines could help transform the Maldives’ maritime transport sector by reducing emissions…...
MVR 9.2 billion issued towards personal loans and credit cards
1+ week, 1+ day ago (254+ words) Sunday, September 6, 2026 To date, MVR 9.2 billion has been issued from banks towards personal loans and credit cards this year. Data from the central bank, Maldives Monetary Authority, shows that amounts issued in July exceeds figures from July last year by…...
Banks’ role key in sukuk repayment as dollar exchange rises: MMA
2+ week, 5+ day ago (58+ words) Edition.mv Government reserves stood at MVR 1.3 billion at the end of March. USD 524 million owed for Sukuk has been paid and settled Sukuk from BML meant to expand private businesses: Zameer Sukuk to be repaid without future burden; refinancing…...
USD 524 million owed for Sukuk has been paid and settled
2+ week, 5+ day ago (91+ words) The administration of former President Ibrahim Mohamed Solih took the Sukuk in 2021 to pay off the USD 250 million "Sunny Side" bond. President Muizzu and Finance Minister Zameer: The Ministry of Finance stated today that with the settlement of the Sukuk…...
TEAM calls for consultation on government’s dollar policy
2+ week, 5+ day ago (64+ words) Edition.mv TEAM calls for consultation on government’s dollar policy The association said it was concerned that the government would proceed with the policy without adequately considering its impact on tourism sector employees. War could cause USD 85 million loss, some…...
USD 650 million in reserve, sukuk to be paid on April 8: President
2+ week, 5+ day ago (67+ words) President Dr Mohamed Muizzu has stated that there is no difficulty in paying the USD 500 million sukuk owed in April, revealing that even at present, there is USD 650 million in reserve. President Dr Mohamed Muizzu Sukuk to be repaid without…...
Sri Lanka opens offshore oil and gas blocks to global bidders
2+ week, 5+ day ago (104+ words) The island nation said it was offering four offshore blocks covering about 34,000 square kilometres (13,127 square miles) in the Indian Ocean for exploration, development and commercial production. People wait in a queue to refuel their vehicles at a filling station in…...
Physical work begins on Waqf building in Hulhumale"
2+ week, 6+ day ago (73+ words) Physical work begins on Waqf building in Hulhumale' Edition.mv Physical work begins on Waqf building in Hulhumale' The contract is valued at MVR244.5 million and has a two-year completion period. RCC will also be responsible for maintaining the building for…...