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Fitch Upgrades Maldives Sovereign Rating to ‘CCC‑’ as Default Risk Eases

The rating agency noted that the sovereign’s ability to service external debt has improved, buoyed by the repayment of the sukuk and the implementation of revenue‑side reforms, including the recently enacted Foreign Currency Act, which is expected to bolster the government’s capacity to generate foreign‑exchange receipts.

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Fitch Upgrades Maldives Sovereign Rating to ‘CCC‑’ as Default Risk Eases
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Maldives Govt to Ban Social Media Access for Children Under 16

Maldives Govt to Ban Social Media Access for Children Under 16

The President described cyberbullying as a global epidemic affecting young children and infants, noting that online grooming has become a particularly dangerous phenomenon. He stressed that as an Islamic nation with a small society, Maldives has a particular responsibility to protect its children.

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Bodies of Four Missing Italian Divers Found After Extensive Search Operation

Bodies of Four Missing Italian Divers Found After Extensive Search Operation

The successful location of the victims followed a complex operation that involved Coastguard and Police divers, international expertise, and the dedication of Maldivian search teams who worked tirelessly across challenging underwater terrain.

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Search for Missing Italian Divers in Maldives Suspended After Coast Guard Fatality

Search for Missing Italian Divers in Maldives Suspended After Coast Guard Fatality

"The Coast Guard will resume work when an experienced team of divers sent by the Italian government arrives in the Maldives tomorrow morning. This team will coordinate with our army personnel to develop comprehensive plans for continuing the search under these extraordinarily difficult conditions,” Hussain Shareef said.

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Maldives President Visits Tragic Diving Incident Site, Pledges Full Govt Support for Search Operations

Maldives President Visits Tragic Diving Incident Site, Pledges Full Govt Support for Search Operations

"The Government stands ready to provide all necessary resources and arrangements to support these critical efforts," the President said, emphasising that every available option would be explored to bring the operation to a successful conclusion.

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