Colombo, May 5, 2025 (AFP) - Crisis-hit Maldives secures $8.8bn Qatar investment

NAMPA / AFP

2025-05-05

Cash-strapped Maldives has signed a deal with a Dubai-based company to establish an $8.8 billion investment zone aimed at diversifying the tourism hotspot into a "financial freezone", the government said Monday. Three residential and office towers, a convention centre and hotels will form part of the Maldives International Financial Centre (MIFC), President Mohamed Muizzu's office said in a statement. "It will... position Male as the premier glob......

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