Abdulla Muththalib
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NewsKey figures in Rasmale' deal in undisclosed visit to Malaysia
Housing Minister Abdulla Muththalib and AG Ahmed Usham made an undisclosed trip to Malaysia regarding the controversial sale of the Rasmalé project to a UAE firm. The deal involves leasing 500 hectares for 99 years, despite President Muizzu’s prior vows against foreign ownership. New laws may be drafted to facilitate the agreement.
NewsMuizzu confirms rolling 99-year leases for Rasmale'
President Muizzu confirmed that properties in the Rasmalé project, sold to UAE’s Eagle Hills, will feature rolling 99-year leases that reset upon each ownership transfer. While officials previously denied the possibility of indefinite leases, this policy ensures long-term private control over the state-owned land.
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Exclusive: Cabinet approved changes for foreign land ownership
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Muththalib contradicts Muizzu over resale terms for properties
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Rasmale' deal: New lease agreement each time a property is sold
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Maldivians need to buy Rasmale' after 99 years to reclaim land
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Work progressing on only five of 15 airports announced by govt
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MVR 58 billion needed to complete Housing Ministry projects
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Maldives government denies approaching Alabbar with Rasmale' deal
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"Rasmale' property buyers cannot acquire permanent ownership"
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Villingili airport project to begin in November
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