Eagle Hills
52 articles
Latest
NewsEagles Hills will not pay acquisition cost or rent for 99 years
The Maldives government granted 500 hectares of land to UAE-based Eagle Hills for the Rasmalé project without acquisition fees or rent for 99 years. Minister Muththalib stated the move prioritizes long-term revenue from taxes and profit-sharing over one-time payments. The $12 billion project aims to attract one million tourists annually.
NewsRasmalé to be given for 99 years against Muizzu's promise
The Maldives government will lease 500 hectares of Rasmalé to a UAE-based firm for 99 years, contradicting President Muizzu’s pledge to keep the land under local control. The deal with Eagle Hills involves half of the reclaimed island for commercial use. This move marks a major shift from previous promises to not lease land to foreign parties.
News
MP voices opposition to secret Rasmale' deal
News
State will bear no costs on housing units by Abu Dhabi developer
News
"Airport was leased to GMR under a transparent bidding process"
News
What kind of agreement was signed with Eagle Hills
News
Fact check: Rasmale' investment figure is $12 billion
News
Priority should be sale of assets to generate immediate liquidity
News
No tax concessions for UAE developer in Rasmale' project
News
No details on size and value of land given to Dubai company
News
Rasmale' investor to build 5,000 housing units in Hulhumale'
News