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Bank of Maldives has announced the appointment of Mr. Bishwajit Mazumder as the Bank’s Chief Internal Auditor last week.
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Allied Insurance Maldives has, through their Islamic insurance window, Ayady Takaful, announced that they have set a record for the 2019 surplus distribution for their customers, with an impressive MVR1.52...
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The world is constantly changing, and laws need to change accordingly as well to accommodate for this and ensure the safety of the people as well as uphold their rights...
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The Bank of Maldives (BML) posted a Profit After Tax of MVR354 million for the final quarter of 2021, yielding the bank a full-year Profit After Tax of MVR1.7 billion...
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Dr. Hussain Sunny Umar is the founder of Maldives Halal Travel; MFR sat down with Dr. Umar for his unique insights.
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Citi on 13 January announced it had reached an agreement with UOB Group (UOB) on the acquisition of Citi’s consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam. The transaction...
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On 29 November 2021 the Maldives’ retail economy was virtually brought to a standstill. The Bank of Maldives, while doing some routine upgrades — that the company had failed to...
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On 13 October 2021, an official from the Maldives Pension Administration Office (MPAO) confirmed that its Chief Executive Officer, John Grindall, had been dismissed by the Board for breach of...
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On 22 September, the Housing Development Finance Corporation Plc (HDFC) announced the extension of the closing date of its Mudarabah Sukuk Issue No. 4 from 30 September to 31 October...
