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Tag: Maldives

Posted on September 3, 2021

Exim Bank extends Line of Credit worth $40 mn to Maldives

Export-Import Bank of India [Exim Bank], on behalf of the Government of India, has extended a Line of Credit [LOC] of $40 million to the Government of the Republic of Maldives for the purpose of …

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Posted on September 3, 2021

Maldives gives 10.5% price guidance for tap of existing sukuk – document

DUBAI, Sept 2 (Reuters) – The government of the Maldives has given price guidance of 10.5% for a tap of existing U.S. dollar-denominated bonds – reopening them for subscription to raise more cash, a …

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Posted on September 1, 2021

Nepal friendlies good preparation for SAFF Championship: Stimac

Indian football team head coach Igor Stimac has said ahead of the first ‘friendly’ against Nepal on September 2 that the games here will serve as preparation for the SAFF Championship in the Maldives …

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Posted on September 1, 2021

Le Méridien Hotels & Resorts Lands In The Maldives With Signature Glamourous European Spirit

Le Méridien Hotels & Resorts, part of Marriott Bonvoy’s portfolio of 30 extraordinary brands, along with Singaporean developer Chiu Teng Enterprises today announce the opening of Le Méridien Maldives …

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Posted on August 29, 2021

Government Officials From The Republic Of Maldives Visit Gulf Craft Factory

Gulf Craft’s Chairman Mohammed Hussein Alshaali welcomed a delegation from the Government of the Maldives to the Gulf Craft shipyard yesterday Gulf Craft’s Chairman Mohammed Hussein Alshaali welcomed …

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Posted on August 29, 2021

Moody’s downgrades Maldives to Caa1, despite tourism recovery

Moody’s Investors Service has downgraded Maldives’s sovereign rating to Caa1 from B3, with a stable outlook, though tourism revenues have started to recover.

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Posted on August 29, 2021

Moody’s downgrades Maldives to Caa1, despite tourism recovery

Moody’s Investors Service has downgraded Maldives’s sovereign rating to Caa1 from B3, with a stable outlook, though tourism revenues have started to recover.

( read original story …)



Posted on August 29, 2021

Maldives’ August tourist arrivals surpass pre-pandemic levels

Tourist arrivals to the Maldives in August have surpassed pre-pandemic figures for the same month in 2019, local media citing data from the Ministry of Tourism reported Saturday.

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Posted on August 28, 2021

Wheels set in motion for Maldives largest-ever infra project funded by India

GMCP is the most ambitious infrastructure project of the Government of Maldives. The project will provide a major boost to connectivity between the four islands accounting for about half of the …

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Posted on August 27, 2021

Explained: What signing of the $500m India-Maldives mega-infra project means

This infrastructure project, the largest-ever by India in the Maldives, involves the construction of a 6.74-km-long bridge and causeway link that will connect the Maldives capital Malé with the …

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