Central Bank chief takes over as Maldivian finance minister

July 15, 2008 (LBO) – Maldivian government Tuesday appointed the central bank chief Abdullah Jihad as the new minister of finance, the atoll’s information minister said. Until his appointment, Mausoom was the head of the country’s tourism promotion board. Shougee has now been appointed as the Vice Chancellor of the state-run university to be set […]

Maldives finance minister resigns

July 11, 2008 (LBO) – The finance minister of Maldives has resigned amid speculation that he may launch his own presidential bid through a different party, media reports from the archipelago said.The Minivannews.com, a web based news service, said finance minister Gasim Ibrahim had given his resignation to president Maumoon Abdul Gayoom, but the president […]

‘s Noor Islamic Bank to launch operations in Maldives

July 9, 2008 (LBO) – Dubai’s Noor Islamic Bank has inked a deal to open up an Islamic banking unit in the Indian Ocean Island of Maldives, officials said.Operating under the name Noor Islamic Maldives Private Limited, the Dubai-based bank will hold 33 percent in the new company, Maldives Monetary Authority Governor, Abdulla Jihad said […]

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