Maldives
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India Extended USD 40 Million for Bolstering Sports Infrastructure in Maldives
External Affairs Minister S. Jaishankar has extended a concessional USD 40 million Line of Credit for developing sporting infrastructure in the Maldives. It is a part of New Delhi's efforts to bring Prime Minister Narendra Modi's flagship projects such as...
Published On January 20th, 2023 -
Former Maldivian President Abdulla Yameen Sentenced to 11 Years
The Maldives criminal court sentenced former president Abdulla Yameen to 11 years in prison and fined him $5 million after finding him guilty of corruption and money laundering charges related to receiving kickbacks from a private company. Yameen has denied...
Published On December 27th, 2022 -
Reliance Jio’s New Subsea Cable ‘India-Asia-Xpress’ To Connect Maldives
India’s largest 4G mobile broadband and digital service provider, Reliance Jio Infocomm Ltd. will land the next generation multi-terabit India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives. The high capacity and high-speed IAX system will connect Hulhumale directly with World’s...
Published On February 24th, 2022
