According to Ahmed Nazeer, Secretary General of the Maldives Association of Tourist Industry (MATI), the Maldives’ tourism industry brought in $5.6 billion last year, with resorts accounting for 83.6% of the total. Speaking on 9th February 2025, at Kurumba Maldives for MATI’s 35th Annual General Meeting, Nazeer emphasized the evolution of the tourist industry over…
In order to encourage resort investments in environmentally friendly methods, Bank of Maldives (BML) has introduced its Green Resort Financing program. The new financing facility was introduced by Hussain Afeef, Chairman of Crown and Champa Resorts, together with Mohamed Shareef, CEO and Managing Director of the Bank, at the Maldives Association of Tourism Industry (MATI)…
Ahmed Munawar, the governor of the Maldives Monetary Authority (MMA), hinted on 9th February 2025 that the resorts’ mandatory Dollar exchange conversion requirement would be lowered in the future. The governor said that while such a change would take up to two years, it is still possible, during the Maldives Association of Tourism Industry’s (MATI)…
111 members attended the 35th Annual General Meeting (AGM) of the Maldives Association of Tourism Industry (MATI), which was held at Kurumba Maldives on 9th February 2025. Chairman Mohamed Umar Maniku and Secretary General Ahmed Nazeer gave opening remarks at the Annual General Meeting. A video highlighting the Maldives Association of Tourism Industry 2024 advocacy…
Before October 2025, Velana International Airport (VIA), the primary international gateway to the Maldives, is scheduled to undergo a revolutionary overhaul with the opening of its new terminal. This was declared by President Dr. Mohamed Muizzu on February 6th, when parliament opened. For the millions of tourists who visit the Maldives each year, the eagerly…
22 representatives from 14 various corporations in the Maldivian tourism sector worked together to organize the exciting event known as “Visit Maldives Week,” which was organized by the Maldives Marketing and Public Relations Corporation (MMPRC/Visit Maldives). The goal of the week-long event was to introduce the Russian market to the Sunny Side of Life’s varied…
In comparison to the same period in 2024, tourist arrivals in the Maldives increased by 11% in the first month of this year. A total of 214,864 tourists came to the Maldives in January 2025, exceeding the 192,385 arrivals in January 2024, according to data given by the Tourism Ministry on 3rd February 2025. The…
With effect from 1st January 2025, MIC Group (Maldives Inflight Catering) has announced the implementation of its updated grooming policy, reaffirming its dedication to professionalism while embracing changing hospitality trends. By accommodating younger generations and adopting industry best practices, the revised rules guarantee a balance between contemporary aesthetics, regional traditions, and global standards, demonstrating MIC’s…
Thoriq Ibrahim was named head of the newly established Ministry of Tourism and Environment after President Mohamed Muizzu combined the Ministries of Climate Change, Environment, and Energy and Tourism on Saturday. The President’s Office hosted the appointment ceremony on 1st February 2025. Thoriq Ibrahim took his oath of office before Chief Justice Ahmed Muthasim Adnan…
President Mohamed Muizzu declared on 28th January 2025, that the Maldivian government is in talks with the Bank of Maldives (BML) to offer low-interest loans for the development of land designated for tourism. The president emphasized the value of tourism for the island’s economic growth when speaking during his visit to Haa Alif Filladhoo. He…