China firm developing Kadhdhoo airport under probe in Nepal

New York Times reported last month that the project was too expensive and limited Nepal's authority to monitor the airport.

15 April 2024

Funadhoo-Male to be connected by monorail, financed by IFZA

Saeed said that the drawings of the buildings are underway and the buildings will be a spectacular sight for both the locals and the people visiting Maldives.

26 May 2024

China state firm to build 1,000 housing units in Eydhafushi

The MoU was signed with the Chinese government-owned Sinohydro Corporation.

9 May 2024

Massive waves, wind slam Cuba, causing flooding and power outages

More than one-third of the 2.2 million inhabitants live in areas at risk from encroaching waters.

7 February 2024

HDC opens 10 land plots to develop flats in Hulhumale phase 2

If more than one person applies, the opportunity will be given to those who are most in line with the HDC's vision, development goals and masterplan.

4 July 2024

Tourism slowdown hampers economic growth as forecast downgraded

Finance Ministry noted that GDP growth this year is expected to be lower than previously forecast due to a slowdown in the tourism and construction industries.

7 July 2024

Texas power demand to break May record in heat wave on Friday

One megawatt can usually power about 800 homes on a normal day but as few as 250 on a hot summer day in Texas.

24 May 2024

Nigeria beats rivals for bid to host new Africa Energy Bank

The AEB initially has $5 billion to spend when it takes off later this year.

5 July 2024