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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.
As the atoll's governing island, divisions and branches of several public offices are based in Mahibadhoo. Such institutions are a primary source of income for many individuals. Mahibadhoo has also seen a growth in small businesses, ranging from coffee shops and grocery stores, to guesthouses and speedboat ferry services.
Records show that the Shivdasanis obtained the Maldives island of Medhufaru and its surroundings, now the location of their Soneva Jani resort, via a no-bid contract in 2014. The Shivdasanis were from one of many companies that unlawfully benefited from Adeeb’s activities, all which were headed by politically-connected members of the elite.
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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 ...
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 ...
Allied Insurance Company of the Maldives (doing business as Allied Insurance) was established in 1985 as a joint venture company between the State Trading Organization and Commercial Union Assurance Company of the United Kingdom. In its early years, the State Trading Organization bought back the shares and the company continued operations with ...
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