3 min read
This month as we focus on the prospects of a 'Digital Maldives' MFR will feature a series of articles on cryptocurrencies; this week the paper concentrates on outlining a basic...
4 min read
Until the 15th century, trade and business activities relied heavily on Islamic banking principles, which then spread throughout Spain, the Mediterranean and the Baltic states. Its recent history, however, it...
7 min read
On 19 November 2020, President Ibrahim Mohamed Solih inaugurated the Maldives' first ‘beach front airport’ in HA. Hoarafushi. However, just six months later, on 14 May 2021, disaster struck -...
4 min read
Greater Malé encompasses in its hold a diverse multi-island society. Citizens from every and any corner of the country now call Malé, home. A vast majority of this demographic span...
3 min read
The Bank of Maldives Plc (BML) with over MVR31 billion in total assets, dominates the market in the Maldives' banking industry. With over 293,000 customers, and 35 branches in the...
2 min read
On 29 March, the Government of the Maldives issued its debut international sovereign Sukuk amounting to USD200 million. With a five year maturity, the Sukuk was reported to be priced...
7 min read
On 25 April 2021 ,the Maldivian parliament, just one day prior to the maturity of an overdraft of MVR4.4 billion [USD285 million]taken by the Solih administration from the Maldives Monetary...
