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BML says tourism loan portfolio reached $585 million in Q1 2026

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BML says USD net open position restored to positive levels

Bank of Maldives (BML) has said its Net Open Position (NOP) in United States dollars, which had deteriorated from December 2020, was restored to positive levels during the course of last year and again more recently. In a statement, the bank said the NOP in US dollars had reached a short position of 20 per […]

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Chedi Hospitality, JIH Global to develop boutique resort, residences in Maldives

Chedi Hospitality, a leader in luxury lifestyle and design-led hospitality, has announced a strategic partnership with JIH Global Investments LLC to enter the Maldives. The collaboration will see the development of a boutique hotel alongside a limited collection of branded residences, marking a significant step in the brand’s continued expansion into some of the world’s […]

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Milaidhoo Maldives to host Thai wellness practitioner in April

Milaidhoo Maldives is set to welcome visiting Thai wellness practitioner Naphat Theechanthuek for a special residency at the island’s serene spa from 11th to 30th April 2026. With more than two decades of experience in luxury wellness and holistic healing, Naphat brings a deeply intuitive approach to her practice. Her treatments blend time-honoured Thai bodywork […]

Centara Grand Island Resort & Spa Maldives Diving

A living island: Machchafushi showcases its ‘Universe’ of nature

Hidden within the South Ari Atoll lies a remarkable ecosystem where life moves in quiet harmony. At Machchafushi Island Resort and Spa by the Centara Collection, the island is more than a destination, it is a living universe shaped by ocean currents, coral gardens, tropical birds, and the rhythms of the reef. From the vibrant […]

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The Halcyon Private Isles Maldives hosts artist Ahmed Aleem Shakoor in residence

The Halcyon Private Isles Maldives, Autograph Collection has announced a collaboration with Ahmed Aleem Shakoor, who is currently in residence at the resort, introducing a creative element to the guest experience. Aleem, a self-taught artist, is known for work that combines maritime themes, surrealism and symbolism. His practice spans watercolours, acrylics and mixed media, drawing […]

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Coca-Cola Maldives launches FIFA World Cup 2026 promotion with prizes and match experience

Coca-Cola Maldives is turning up the excitement with the launch of its 2026 football campaign, bringing fans across the country a season packed with prizes, shared moments and exciting ways to celebrate the game together. As the build-up to the FIFA World Cup 2026 begins, Coca-Cola Maldives is inviting consumers to join in the fun […]

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Bank of Maldives opens 6 new branches across Maldives

Bank of Maldives (BML) has inaugurated six new branches across the Maldives as part of an expansion of its service network. The branches were opened on Wednesday at a ceremony attended by President Mohamed Muizzu, Chairperson Ahmed Ali Habeeb, Chief Executive Officer and Managing Director Mohamed Shareef, and other bank officials. The new branches are […]

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Bank of Maldives launches 90 ATMs including 70 dollar machines

Bank of Maldives (BML) has launched 90 new ATMs, including 70 machines dispensing US dollars, at a ceremony held on Wednesday. The ATMs were inaugurated by President Mohamed Muizzu. The event was attended by Chairperson Ahmed Ali Habeeb, Chief Executive Officer and Managing Director Mohamed Shareef, and other officials of the bank. The bank installed […]

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Radisson Blu Maldives image shortlisted for international photography award

A breathtaking moment beneath the Maldivian skies has earned international recognition, as Manta Sunset Wave, captured by award-winning underwater photographer Henley Spiers, has been shortlisted for the prestigious Prince Albert II of Monaco Foundation Environmental Photography Award 2026. The image, taken during a diving retreat at Radisson Blu Resort Maldives, beautifully encapsulates the magic of […]

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TechEng Expo returns, advancing engineering and technology in hospitality

Following a successful debut, TechEng Expo is set to return for its second edition from 6–8 October 2026 at Central Park, Hulhumalé, reinforcing its position as the Maldives’ leading exhibition dedicated exclusively to engineering and technology solutions for the hospitality sector. Organised by Omnibox Events, TechEng Expo was launched to address a long-standing gap in […]

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Sun Siyam Group appoints Aisha Faiz as Head of Planning, Ahmed Ibrahim as HR Director

Sun Siyam Group has announced the appointment of Aisha Faiz and Ahmed Ibrahim, as part of its efforts to strengthen internal leadership and support long-term organisational growth. Aisha Faiz has been appointed Head of the Planning Department, where she will oversee the strategic direction and management of the function, with a focus on efficiency, accountability […]

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