Island_lease - The Edition

Island Lease

Maldives temporarily halts leasing uninhabited islands

12 Apr 2023

Addu City Council to lease more land for local tourism

14 Oct 2020

State to propose land rent amendment for tourism boost

21 Jul 2020

Govt waives lease payments for resorts used for quarantine

24 Mar 2020

ICOM orders tourism min to release MMPRC lease agreements

24 Feb 2020

Addu City Council opens bidding for 96 land plots

5 Nov 2019

MVR 547 mln generated from Airport Development Charge

26 Apr 2019

Govt ceases to lease islands for tourism sans bidding

29 Nov 2018

Maldives temporarily halts leasing uninhabited islands

12 Apr 2023

Addu City Council to lease more land for local tourism

14 Oct 2020

State to propose land rent amendment for tourism boost

21 Jul 2020

Govt waives lease payments for resorts used for quarantine

24 Mar 2020

ICOM orders tourism min to release MMPRC lease agreements

24 Feb 2020

Addu City Council opens bidding for 96 land plots

5 Nov 2019

MVR 547 mln generated from Airport Development Charge

26 Apr 2019

Govt ceases to lease islands for tourism sans bidding

29 Nov 2018

Tourism

Estimated USD 300 mn per year from manta ray tourism: Study

The study on the topic of "Valuing conservation and natural wealth: The blue economy of manta ray watching in the Maldives" in collaboration with Australia's Sunshine Coast University shows manta ray tourism in Maldives in 2021 generated around USD 227.3 million in revenue.

16 Sept 2026

Umar Shan Shafeeq

Bill passed to tax foreign booking platforms

31 Aug 2026

Tourism earnings rise despite lower arrivals due to war: MMA

24 Aug 2026

Maldives and Russia agree to increase air connectivity

19 Aug 2026

Action to be taken against resort operators over unpaid rent

17 Aug 2026

City Hotel

Singapore firm to develop 5-star hotel at Rasfannu

Chang Hua Construction of Singapore has decided to develop a 5-star hotel with 128 rooms, under the Mixed Use Development project at Rasfannu beach.

24 Jul 2018

Fathmath Shaahunaz

Development Projects

Eagle Hills project will be integrated city: Zareer

Minister Zareer said the 500-hectare development in Rasmale’ would include three resorts and residential areas featuring properties at different price and quality levels.

22 Sept 2026

Malika Shahid

"Project given to Eagle Hills after thorough research"

21 Sept 2026

USD 20bn project will not get tax concessions: Muththalib

21 Sept 2026

UAE's Eagle Hills takes on USD 20bn investment in Rasmale'

21 Sept 2026

Major projects to be completed within two years: President

27 Jul 2026

Resorts

Rule permits unfinished resorts to extend deadline via fees

According to the new regulation, even with these conditions, extensions to the grace period will only be granted to places where construction work has already commenced.

14 Sept 2026

Shazma Thaufeeq

Work on resorts shared by all Maldivians to begin in Nov

7 Sept 2026

No difficulty for resorts, salaries to be paid in USD: Pres

31 Aug 2026

Kuda Rah resort listed at USD 6m below purchase price

2 Jun 2026

Sun Siyam Iru Veli celebrates Children’s Day

11 May 2026

mihaaru.com

Island Lease

Maldives temporarily halts leasing uninhabited islands

Addu City Council to lease more land for local tourism

State to propose land rent amendment for tourism boost

Govt waives lease payments for resorts used for quarantine

ICOM orders tourism min to release MMPRC lease agreements

Addu City Council opens bidding for 96 land plots

MVR 547 mln generated from Airport Development Charge

Govt ceases to lease islands for tourism sans bidding

Maldives temporarily halts leasing uninhabited islands

Addu City Council to lease more land for local tourism

State to propose land rent amendment for tourism boost

Govt waives lease payments for resorts used for quarantine

ICOM orders tourism min to release MMPRC lease agreements

Addu City Council opens bidding for 96 land plots

MVR 547 mln generated from Airport Development Charge

Govt ceases to lease islands for tourism sans bidding

Tourism

Estimated USD 300 mn per year from manta ray tourism: Study

Bill passed to tax foreign booking platforms

Tourism earnings rise despite lower arrivals due to war: MMA

Maldives and Russia agree to increase air connectivity

Action to be taken against resort operators over unpaid rent

City Hotel

Singapore firm to develop 5-star hotel at Rasfannu

Development Projects

Eagle Hills project will be integrated city: Zareer

"Project given to Eagle Hills after thorough research"

USD 20bn project will not get tax concessions: Muththalib

UAE's Eagle Hills takes on USD 20bn investment in Rasmale'

Major projects to be completed within two years: President

Resorts

Rule permits unfinished resorts to extend deadline via fees

Work on resorts shared by all Maldivians to begin in Nov

No difficulty for resorts, salaries to be paid in USD: Pres

Kuda Rah resort listed at USD 6m below purchase price

Sun Siyam Iru Veli celebrates Children’s Day

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