Finastra, a global leader in financial services software, today announced that Maldives Premier Bank (MPB) has selected Finastra’s Financial Messaging API solution to drive a modern, digital-first …
India extends financial support to Maldives via rollover of $50 million Treasury Bill
India has extended financial support to the Maldives by renewing a USD 50 million Treasury Bill for another year through the State Bank of India (SBI), in a move aimed at bolstering the Maldivian …
The $10B race to save the Maldives
The Maldives, a cluster of 1,200 islands, faces the threat of sinking into the Indian Ocean due to rising sea levels. In response, the Maldives is initiating several megaprojects to ensure its …
A Wave Of New Luxury Resort Brands Is Coming To The Maldives
Aman, Nobu, Bvlgari, Baccarat and Mandarin Oriental are among the big-name luxury brands heading to the Maldives as record arrivals, private residences and a major airport expansion fuel the country’s …
Sri Lanka, Maldives elevate strategic partnership with seven MoUs
Marking 61 years of diplomatic relations, Sri Lanka and Maldives yesterday moved to significantly deepen bilateral ties, with President Anura Kumara Dissanayake and President Dr. Mohamed Muizzu …
India extends Maldives’ $50 mn govt bonds repayment deadline
India on Thursday said it has rolled over, for one more year, USD 50 million Maldives’ government bonds as “an emergency financial assistance” to the archipelagic nation. The deadline for the …
Maldives’ tourism-driven economy stares at crisis amid West Asia war
The Maldives economy faces a crisis due to West Asia disruptions. Tourist arrivals are down, impacting revenue. Significant debt repayments are due in April. International aid is unlikely. India’s …
India extends Maldives’ repayment deadline for $50 mn T-bill
In a gesture borne out of friendliness, India has decided to roll over, for another year, government bonds worth USD 50 million that Maldives had borrowed from the State Bank of India (SBI) as an …
Sharia finance body, Maldives lender to set up bank
KUALA LUMPUR, Oct 26 (Reuters) – A Malaysian Islamic finance industry body and the Maldives Islamic Bank signed a deal on Tuesday to set up Maldives’ first sharia lender. Maldives Islamic Bank hoped …
WLFI Enters Luxury Real Estate With Tokenized Maldives Deal
WLFI to tokenize loan revenue from Trump Maldives resort with Securitize and DarGlobal, offering fixed yields to accredited investors.