New Damselfish Species Found in Maldives: A Remarkable Discovery A new species of damselfish has been discovered in the Maldives, a significant marine discovery that has excited both environmentalists and marine biologists. The fish species, named Pomacentrus maldivensis, was found in the coral reefs surrounding the archipelago, an area known for its rich biodiversity. This…
Introduction of UPI Payment Service in Maldives The President of Maldives has officially launched the Unified Payments Interface (UPI) payment service, marking a significant milestone in the nation’s economic development. This initiative aims to enhance the financial ecosystem by facilitating seamless digital transactions, which is expected to boost tourism and local businesses. With the UPI…
India and Maldives Boost Ties with $750 Million Currency Swap Deal In a significant move to strengthen bilateral relations, India and the Maldives have signed a $750 million currency swap agreement. This deal is part of a broader effort to enhance economic cooperation and ensure financial stability between the two nations. The currency swap arrangement…
Maldives Bans Israeli Passport Holders In a recent development, the Maldives has announced a ban on Israeli passport holders entering the country. This decision aligns with the island nation’s stance on the Israel-Palestine conflict and reflects broader geopolitical tensions. The Ban’s Announcement The Maldives’ decision to ban Israeli passport holders was officially declared on June…
