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The Maldives International Financial Centre will be the Maldives’ legacy of bold decisions, courageous partnerships, and national purpose, says the President

President Dr Mohamed Muizzu on Sunday night stated that the Maldives International Financial Centre (MIFC) would be the Maldives’ legacy of bold decisions, courageous partnerships, and national purpose. President Dr Muizzu made the remarks while speaking at the landmark joint venture agreement and Memorandum of Understanding (MoU) signing ceremony for the establishment of the MIFC.

The ceremony, attended by distinguished guests including several high-profile international dignitaries, marked the beginning of a bold new chapter defined by ambition, innovation, and transformation. President Dr Muizzu described the MIFC as a commitment to diversifying the Maldives’ economy beyond traditional boundaries, to empowering Maldivians with opportunity, resilience, and pride, as well as a commitment to the world that the Maldives is ready to lead in reimagining the future of finance, sustainability, and urban living.

The President stated that the MIFC is the Maldives’ launchpad to becoming a developed nation by 2040. He added that the Maldives is embarking on this extraordinary journey with clarity, conviction, and optimism. The President further stated that the Maldives is not only a destination or a small island state, but a driver of global change and a smart island nation at the epicentre of the Indian Ocean’s economic and digital evolution.

President Dr Muizzu emphasised that the Maldives would not imitate models of the past, but rather set a new benchmark for a financial ecosystem that is borderless, digital-first, inclusive, sustainable, and future-ready. He noted that the MIFC, with its projected multibillion-dollar revenues and significant long-term contributions to the Maldives’ national GDP, would be a catalyst for unlocking opportunities across industries. The President envisioned the MIFC uplifting the community and creating pathways for generations of Maldivians to come.

At the ceremony, the President oversaw the signing of the joint venture agreement and MoU between the Ministry of Finance and Planning and MBS Global Investments for the establishment of the MIFC, and later presented commemorative mementoes to the distinguished guests.

Source: https://presidency.gov.mv/Press/Article/33634

President ratifies Third Amendment to the Maldives Immigration Act, prohibiting entry of Israeli passport holders

President Dr Mohamed Muizzu has ratified the Third Amendment to the Maldives Immigration Act (Law No. 01/2007), following its passage by the People’s Majlis at the 20th sitting of the first session of the year, held on 15 April 2025.

The Amendment introduces a new provision to the Immigration Act, expressly prohibiting the entry of individuals holding Israeli passports into the territory of the Republic of Maldives. The ratification reflects the Government’s firm stance in response to the continuing atrocities and ongoing acts of genocide committed by Israel against the Palestinian people.

The Government of Maldives reaffirms its resolute solidarity with the Palestinian cause and its enduring commitment to the promotion and protection of the rights of the Palestinian people. The Maldives continues to advocate for accountability for violations of international law and remains vocal across various international platforms in its condemnation of Israel’s actions.

President Dr Muizzu has consistently reiterated the Maldives’ principled support for the establishment of an independent and sovereign State of Palestine, based on the pre-1967 borders, with East Jerusalem as its capital, in accordance with relevant United Nations resolutions and international legal norms.

Maldives Elected to UN Commission on the Status of Women (2026 - 2030)

New York, 4 April 2025 – The Maldives has been elected to the UN’s Commission on the Status of Women (CSW) for the 2026–2030 term, in an election held this morning at the Economic and Social Council (ECOSOC). This marks the first international election the Maldives has contested and won under President Dr Mohamed Muizzu’s leadership—and fittingly, it strengthens the country’s global voice on gender equality.

The Government of Maldives made gender equality a national priority and entered the election with purpose. The country submitted its candidacy to the UN on 31 July 2024, grounded in a clear commitment to advance women’s rights and empowerment. This is the first time the Maldives will serve on the CSW, which sets global standards and policies on women’s rights and gender equality.

The Maldives joins the CSW with ambition and a policy agenda shaped by national experience and resolve. At the national level, the Maldives has strengthened legal protections under the Gender Equality Act and expanded women’s participation in local governance—from 6.1% of seats in 2017 to 39.5% today. Yet challenges persist, especially in workforce participation, and the Government is tackling them through innovation, inclusion, and investment.

In the coming years, the Maldives will help shape the Commission’s agenda by sharing its perspectives, experiences, and priorities. The Commission will focus on transforming care systems in 2026, reviewing progress on SDG 5 and gender mainstreaming in 2027, addressing gender in humanitarian crises in 2028, and advancing access to justice and the elimination of discriminatory laws in 2029. The Maldives will contribute a Small Island Developing States (SIDS) lens and practical solutions—from investing in care infrastructure and reforming legal frameworks to integrating gender in climate policy and harnessing. digital tools to expand opportunity.

This is more than a seat at the table. It’s a platform to drive progress—globally and at home.

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