Turkish Investors from the WLF Enternasyonel Danismanlik Organization A.S visited the MNCCI to explore the investment opportunities available for foreigners in the Maldives. The members of the WLF Enternasyonel Organization who visited MNCCI include Chairman of the Board of Directors and Chief Executive Officer who met with the Vice President of MNCCI and the Administrator.
Night Market 2009 will be inaugurated by Mr. Ibrahim Mohamed Rasheed, Under Secretary of President’s Office. It is the biggest annual event in Maldives, and for the first time in Night Market history, fireworks show is organized in coordination with MNDF at the opening ceremony to make it more colorful.
A high level Trade and Investment Delegation from Pakistan, led by Trade Development Authority of Pakistan (TDAP), visited the Maldives on 20th July to 23rd July 2009. The Delegation consisted of sixteen big Exporters and Investors Companies of Pakistan.
A meeting was held between the Ministry of Economic Development and the “Hilaveli” Committee. The discussion was focused on how to make “Hilaveli” available for the community at a cheap price.
The Executive Board for 2009 has been elected from the annual elections held at Male’ English School on the 13th of July 2009. Mr. Hamid Ismail, the Managing Director of Gulf Craft was elected as the President of MNCCI along with Mr. Abdulla Javid as the 1st Vice President of MNCCI.
As decided by the General Assembly, the 6 current Board Members; Mr. Ismail Asif (2nd Vice President), Mr. Ahmed Adheeb Abdul Gafoor (Treasurer), Mr. Thoha Mohamed (Board Member), Mr. Hassan Zahir (Board Member), Mr. Ahmed Ayaz Rasheed (Board Member) and Mr. Mohamed Nazeer (Board Member) elected for the year 2009 remains as the members of the Executive Board.
Maldives National Chamber of Commerce and Industry (MNCCI), Maldives Association of Construction Industry (MACI), Maldives Association of Tourism Industry (MATI) and Maldives Seafood Processers and Exporters Association (MSPEA) are collaborating efforts in resolving- one of the most serious economic problems facing the Maldives business community-the foreign currency shortage. The problem is further exacerbated by the highly import-dependent nature of the economy.
Export-Import Bank of India is the premier export finance institution of the country, set up in 1982 under the Export-Import Bank of India Act 1981. Government of India launched the institution with a mandate, not just to enhance exports from India, but to integrate the country’s foreign trade and investment with the overall economic growth.
The fund has been inaugurated by President of Maldives, his Excellency Mr. Mohamed Nasheed on 26th of February 2009 at a ceremony held at Islamic Center.