Adhadhu, a privately owned Maldivian company founded in 2021, operates a streaming service. As of 2023, the company employs approximately 20 people and generates less than $10 million in annual revenue. While initially described as an online news outlet, its primary business is now focused on streaming services. The company's headquarters are located in the Maldives.
Island Aviation sold a DHC-8 MSN 591 aircraft for USD 3.7 million to a foreign company without a tender process. The Ministry of Economic Affairs released a list on Sunday of basic commodities the State Trading Organisation (STO) will import, including 10 fruits, 10 vegetables, and three other food items. Fahi Dhiriulhun Corporation (FDC) signed agreements with over 3000 recipients of the Gedhoruveriya housing scheme. State Electric Company Limited (STELCO) awarded the contract for a new Hulhumale' power plant to China Machine Engineering Corporation (CMEC). Regional Airports Company Limited (RACL) Managing Director Ahmed Mubeen resigned on Tuesday, reportedly due to the impending transfer of RACL under Maldives Airports Company Limited (MACL).
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