Housing & State Firms: Fahi Dhiriulhun Corporation (FDC) appoints Hassan Faihath Qudhrathulla as Deputy Managing Director, as the state housing provider continues work on a 4,000-unit Hulhumalé project. Islam & Infrastructure: Maldives plans its largest mosque in Hulhumalé for the 900th anniversary of embracing Islam, with land handed over to the Ministry of Islamic Affairs and construction expected in 2026. FX Crackdown: The Maldives Monetary Authority (MMA) revokes Express Money Exchange’s licence for breaches of money-changing rules, while Parliament backs penalties for advertising or trading black-market USD rates. Rufiyaa-Only Push: MMA Governor Ahmed Munawar says a Rufiyaa-only approach for domestic transactions could ease the dollar shortage if fiscal and monetary fundamentals are kept tight. Public Finance Watch: Government spending on salaries, allowances and pensions hits MVR 9.38bn as of Aug 13, up 11.2% year-on-year. Trade & Payments: Maldives-Türkiye PTA takes effect Aug 1, offering duty concessions and duty-free access for selected goods, with the creative sector flagged as a key beneficiary. Logistics: Velana International Airport handled 18,457 tonnes of cargo in Q2 2026, with transshipment and freighter operations rising. SIDS Business Forums: Maldives will host the SIDS Global Business Network Forum and Island Investment Forum Aug 23–25, drawing 200+ participants from 30+ countries. Health & Diagnostics: STO introduces GE HealthCare’s portable Vscan ultrasound to expand diagnostic access beyond major clinics. Fisheries Grants: Aaruveri Matching Grant Scheme launches with MVR 278m for fisheries sector projects, including renewable energy, mariculture and value-add activities.