“Definitely, 2013 is a super duper hit year for the growth of Islamic finance industry,” Dr Aishath Muneeza wrote in the Islamic Finance News website,
After telling local media that the funds for government’s 117 percent increase in the state pension had not been received, the Maldives Pension Administration Office has today confirmed that it is working on transferring the new MVR5,000 sum to pensioners by tomorrow.
Following the release of seismic reports into Maldivian waters, the MNOC has revealed its intention to enlist foreign companies to interpret the results and to advertise the country as a potential oil source.
“They [protective gowns] are usually taken by the doctors… Some staff have panicked after finding out they are pregnant. That risk is always there. And we are concerned about the patients as well. I have never seen any patient being offered a gown here,” said one nurse.
Describing the bridge as symbolic for all South Asia, the Minister for Economic Development has revealed that 12 of 19 companies having expressed interest are Maldivian. The long-awaited project is expected to improve local commerce and ease congestion in the capital.
The State Trading Organisation had sued Meridian seeking to recover MVR19.3 million (US$1.2 million) released as credit to MP Riyaz’s company. The case was dismissed after the STO’s lawyers failed to attend the hearing.
Vadinolhu island will be developed into a five star resort through the Best Choice Real Estate Development company, which has urged developers to take care of the Maldives’ “investment friendly policies”.
Fisheries Minister Dr Mohamed Shainee told the press today that it was important for local fishermen to be active in all areas of the country to prevent encroachment by foreign fishing boats as the coastguard could not patrol the entire Exclusive Economic Zone.
While the world’s media has focused on the Prince Salman’s alleged reservation of three entire resorts, Saudi papers have revealed that the visit will include discussions on investments in tourism, transport, energy, and Islamic affairs, as well as a US$300million soft loan facility.