Mohamed Alabbar
9 articles
Latest
NewsNo direct response from Alabbar on land granted in perpetuity
Mohammed Alabbar declined to confirm if land for the Rasmale’ project was granted in perpetuity, stating his company will follow Maldivian law. While the government is waiving acquisition fees, Alabbar noted that lease terms must align with current regulations, though he acknowledged that laws can change over time.
NewsSheikh Nishan warns Rasmalé deal threatens Islamic identity
Sheikh Adam Nishan warned that leasing 500 hectares of Rasmalé to UAE-based Eagle Hills for 99 years threatens the Maldives' Islamic identity and sovereignty. He expressed concerns over potential Zionist ties and the risk of citizens becoming second-class residents, urging the government to prioritize religious preservation over development.
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Alabbar in Maldives to brief ministers and lawmakers
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"Rasmale' deal paves path for Zionist entry into the Maldives"
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Rasmalé to be given for 99 years against Muizzu's promise
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Priority should be sale of assets to generate immediate liquidity
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No details on size and value of land given to Dubai company
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Rasmale' investor to build 5,000 housing units in Hulhumale'
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