Maldives signs additional $17 million loan agreement with Saudi Fund for main airport expansion
Maldives has signed an additional loan agreement worth USD 17 million (MVR 261.8 million) with the Saudi Fund for Development to support the ongoing construction of the new terminal at Velana International Airport (VIA). The agreement, equivalent to 63.7 million Saudi riyals, was signed at a ceremony held at the President’s Office on Monday. Minister […]
Special offers with Sheraton Maldives for Saudi National Day
Sheraton Maldives Full Moon Resort & Spa has announced an enticing offer for guests celebrating Saudi National Day. As Saudi Arabia marks its 94th National Day, the resort invites Saudi travellers to indulge in a luxurious escape to paradise. Nestled on the picturesque Furanafushi Island in North Malé Atoll, the resort is surrounded by turquoise […]
Saudi Arabia among Maldives’ top 10 tourist markets for first time
In a notable development, Saudi Arabia has secured a position among the top ten countries with the highest tourist arrivals to the Maldives for the first time, according to statistics from the Tourism Ministry. The data reveals that 1,182 tourists have already visited the Maldives from Saudi Arabia this year. Contrasting with last year’s rankings, […]
New $100m Saudi loan for Maldives’ main airport development
Saudi Arabia has extended a financial lifeline to the Maldives by granting $150 million (MVR 2.3 billion) in new loans, as confirmed by Finance Minister Ibrahim Ameer in a statement to local media on Sunday. The allocation of this funding includes: $100 million designated for the completion of the Velana International Airport (VIA) development project. […]
Saudia Airlines to fly to Maldives from April 2016
Saudia Airlines, the flag carrier airline of Saudi Arabia based in Jeddah, has announced that it will begin flying to the Maldives in April 2016.
Tourism arrivals remained stable in July, despite fall in Chinese arrivals
The percentage of tourist arrivals from January to July 2015 increased by only 1.7%, when compared to the same period last year.
MMPRC organises series of roadshows within the Gulf Cooperation Council
Maldives Marketing and Public Relations Corporation (MMPRC) has organised a series of roadshows within the Gulf Cooperation Council (GCC) which began on the 23rd of August.
Largest hotel in the world to open near Makkah in 2017
The Abraj Kudai, situated in the central zone of Makkah, is set to open as the world’s largest hotel in 2017.
