Bahrain
5 articles
Latest
BusinessUSD 72 million cost to secure majority stake in Dhiraagu
The Maldivian government must spend approximately $71.7 million to acquire an additional 9.2% stake in Dhiraagu to gain majority ownership. Based on current market values, the state needs to purchase 6.9 million shares from Bahrain-based Beyon. This move aligns with President Muizzu’s goal of increasing the state's holding to 51 percent.
NewsDouble murder suspect was intercepted at VIA and deported
Maldivian police intercepted and deported a 23-year-old suspect wanted for the double murder of a Sri Lankan lawyer and his wife. The man was detained at Velana International Airport and handed over to Sri Lankan authorities upon arrival. He is allegedly a member of an organized crime syndicate with a history of drug-related offenses.
