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Maldives takes over airport operations from GMR

Maldives' state-run MACL on Friday night took over the operations of the Male international airport from GMR after the Indian infrastructure major lost a week-long legal battle over the......

GMR claims $803 mn for termination of Male Airport contract

GMR Male' International Airport Private Limited (GMIAL), a subsidiary of GMR Infrastructure Limited (GMR), has claimed $803 million (around Rs 4,987 crore) from the Maldivian government for......

Why GMR's project was not good for Maldives

In the 1960s, Maldives was not the tourist hotspot it is today. Fishing was the main occupation. Every week, a Ceylonese (as Sri Lankans were then termed) carrier operated a flight to and from......

Maldivians feared loss of forex from GMR deal

Ever since Indian infrastructure developer GMR took over the operations of the Male airport, there has been a significant shortage in dollars, which put a strain on the country's economy, Maldivian......

Airport: Maldives terms takeover a victory, GMR silent

Just past midnight on Friday and quite a distance from the buzz at the international terminal, the Ibrahim Nasir International Airport's VIP lounge witnessed an unusual ceremony. Attended by four......

MACL back at helm at Maldives airport

Two years after it handed over the Male International Airport's operations to Indian infrastructure major GMR, the Maldives' state-run MACL was back at the helm on Saturday.The Maldives Airport......

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