President’s announcement revives rumours about the sale of Maldives atoll to Saudi Arabia

The president described the project as a township or an integrated development project involving various industries and open to travellers from all over the world.

Maldives to partner with Saudi Arabia and China on mega projects

President Abdulla Yameen is looking to Saudi Arabia and China for investment amidst persisting criticism of his human rights record by western powers.

No deal with DP World on Thilafushi port project

The government had said that a joint venture agreement would be signed with the global marine terminal operator in April, but Fisheries Minister Dr Shainee revealed this week that the government’s board of investment decided that DP World’s proposal for the port project would not be beneficial for the Maldives.

Government to charge US$25,000 for SEZ applications

President sets US$150 million minimum on SEZ investment

Parliamentary debate begins on special economic zones bill

“Yonder lies the greener pastures”: President Yameen inaugurates investor forum in Singapore