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The Villa Group is one of the largest business entities in the Maldives.The holding company Villa Shipping and Trading Company Pvt. Ltd is a private conglomerate which is amongst the largest private business in the Maldives with major operations in Shipping, Import and Export, General Trade and Tourism, fishing, media, communication, transport and education related Businesses.
Mahibadhoo has also seen a growth in small businesses, ranging from coffee shops and grocery stores, to guesthouses and speedboat ferry services. On January 12, 2020, a state-sponsored grouper farming project was launched in Mahibadhoo, led by the Ministry of Fisheries, Marine Resources and Agriculture.
Following the change of Maldivian law in December 2010, Soneva Fushi became one of the first resorts in the Maldives to offer residences to foreigners for purchase under leasehold. [4] A 4 bedroom villa at Soneva Fushi was the first leasehold residential property to be sold in the Maldives in March 2011. [5]
The Maldives Tourism Promotion Board was established by the government to promote quality and sustainable growth in the country's tourism industry and to foster a well utilized and financially healthy private sector industry. - in this way enabling the industry to deliver long-term economic, social and cultural benefits to the people of ...
Out of 1,192 islands of the Maldives, 187 are inhabited. [1] They are listed by administrative division/atoll. The islands are divided into: Inhabited islands- those officially recognized as towns, villages, fishing, and farming communities with permanent human habitation. They all have an island office and island chiefs (councilor and "katheeb ...
The island is located in the Heart of the Atoll, along with the 2 other inhabited islands of Felidhoo and Keyodhoo. The island is 75.97 km (47 mi; 41 nmi) south of the country's capital, Malé. [2] The land area of the island is 12.7 ha (31 acres) in 2018. [3] The land area is about 9.1 ha (22 acres) bigger than it was in 2007. [4]
On Sunday, Blackstone announced that one of its private equity funds has purchased controlling interests in two seaplane operators servicing the Maldives: Maldivian Air Taxi and Trans Maldivian ...
Hulhumalé (Dhivehi pronunciation: [huɭumɑːlɛ]; Dhivehi: ހުޅުމާލެ) is a reclaimed island located in the south of North Malé Atoll, Maldives.The artificial island is being built up by pumping sand from the sea floor, in order to meet the existing and future housing, industrial and commercial development demands of the Malé region and as a response to the threat posed by rising sea ...