AGP Executive Report
Last update: 8 hours agoSustainable Marine Transport: Navier and JIH Global Investment have agreed to bring 100 zero-emissions hydrofoil boats to the Maldives, starting with five in 2026, aiming to link airports, resorts, private villas and local islands. Financial Sector Push: The Maldives Monetary Authority extended the Maldives Financial Expo registration deadline to 6 June (from 1 June), with the expo set for 2–4 July at Hulhumalé Central Park, alongside Financial Sector Awards focused on inclusion, literacy, digital finance, SMEs and green finance. Resort & Tourism Development: A new wave of luxury properties is landing in the Maldives, including V Villas Maldives at Mirihi (MGallery Collection) and Taj Exotica’s Sol & Sea overwater dining for just 16 guests, while W Maldives rolls out Escape Remix to mix overwater and beach stays. Wellness Calendar: JW Marriott Maldives Resort & Spa announced a Global Wellness Day programme (13–15 June) culminating in International Yoga Day on 21 June. Local Workforce Debate: Malé Mayor Adam Azim defended the use of expatriate workers in local markets, saying staffing shortages leave businesses reliant on foreign labour. Diplomacy: The Maldives condemned Israeli settlers’ storming of Al-Aqsa Mosque, calling it a violation of international law and urging accountability.
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