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An island resort in the Maldives Diamonds Thudufushi Beach & Water Villas, a luxury resort on Thudufushi, Ari Atoll in May 2017 Tourism Zone. Tourism is the largest economic industry in the Maldives, as it plays an important role in earning foreign exchange revenues and employing 25,000 people in the tertiary sector of the country.
The embezzlement began ahead of the 2014 Maldivian parliamentary election, where funds from MMPRC were used to cover election costs and broker deals for votes in parliament. A second deal involved the leases of at least 50 islands being obtained by private companies for tourism development without public tender , for the benefit of several ...
The Villa Group is one of the largest business entities in the Maldives.The holding company Villa Shipping and Trading Company Pvt. Ltd is a private conglomerate which is amongst the largest private business in the Maldives with major operations in Shipping, Import and Export, General Trade and Tourism, fishing, media, communication, transport and education related Businesses.
STO Fuel and Lubricants - Operated from Funadhoo island and Dhoonidhoo island (Malé Atoll) deals with the supply and sale of a wide variety of petroleum products. In January 2001, Fuel and Lubricants diversified as a joint venture between Fuel Supplies Maldives Pvt. Ltd. (FSM) Plc. and Vara Maldives. Pvt.
When the tourism boom in the Maldives began in 1972, the country was in need of an international standard airport to transport international tourists to the resort islands. The International Airports Authority of India successfully completed the construction of Hulhule Airport, which was formally inaugurated, on 11 November 1981, under a new ...
Maldives' interest relates to its identity as a small island state, especially economic development and environmental preservation, and its desire for closer relations with France, a main actor in the IOC region. The Maldives is a founding member of the South Asian Association for Regional Cooperation . The republic joined the Commonwealth in ...
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