Maldives to pay Indian firm at least US$250m in damages for cancelling airport deal

Indian infrastructure firm, GMR, has won at least US$250million in damages from the Maldivian government for abruptly cancelling a lucrative contract to develop and manage the country’s main airport

Opposition women handed suspended sentences over airport protest

The 13 women and one man were sentenced to three months in jail, suspended for three years, on a charge of disobeying orders by protesting at a restricted zone.

First batch of Faaragema dogs arrive in Maldives

INIA capacity will increase threefold with new runway and terminal, says economic council

Airport at standstill for one hour after aircraft grounded

Russia slams Maldives after US detain Russian at Malé international airport

MACL deny jet terminal outsourcing rumours

GMR holds to US$1.4 billion compensation figure

Yameen concedes that GMR is owed some compensation

“Ideal” time to invest, says MNCCI as Maldives Investment Forum approaches

Amount proposed by GMR for out-of-court settlement too big, says president

Airport development begins, with “no chance” of GMR returning to project

GMR chair expects arbitration proceedings to be concluded by May

Maldives must address “deteriorated” tourist services to protect industry: Chamber of Commerce

AG slams former government over foreign investment “damage” from alleged lack of financial research

Hulhumale’ terminal port inaugurated by President Waheed

PPM will address Maldives’ strained relationship with India: Gayoom

Maldives government denies US$160 million arbitration talks with Axis Bank

Universal Enterprises Chairman appointed head of MIAL

Restrictions on foreign investment to remain under amended business registration bill