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HomeInvestmentQatar Supports Maldives in Launching Major Financial Hub

Qatar Supports Maldives in Launching Major Financial Hub

The Maldives government joined hands with MBS Global Investments to develop the Maldives International Financial Centre in Malé. This $8.8 billion project aims to become a top financial hub in the Indian Ocean.

Notably, it offers zero corporate tax and no inheritance tax for investors, and the Maldives International Financial Centre will attract digital nomads, entrepreneurs, and wealthy individuals.

Moreover, the zone will target fintech firms, asset managers, and global investors seeking flexible and modern financial bases.

Therefore, this project aligns with the Maldives’ wider economic diversification strategy. MBS Global, based in Dubai, is leading this strategic investment.

It acts as the investment arm of Sheikh Nayef Bin Eid Al Thani’s private office in Qatar. Because of this backing, the project gains both regional credibility and global appeal.

In addition, the International Financial Centre, the government expects over $1 billion in new revenue within five years. This revenue growth will boost infrastructure, employment, and innovation across the Maldives.

Furthermore, the centre will support sectors beyond finance, such as legal, IT, and hospitality. Although the Maldives relies on tourism, this project ensures economic balance and resilience.

Meanwhile, international companies will benefit from transparent policies, modern facilities, and competitive tax rules. Equally important, the Maldives International Financial Centre will offer flexible visa systems and digital services.

These features make it easier for foreign professionals and companies to settle and operate. Besides that, its location near Asia, Africa, and the Middle East strengthens global access.

Additionally, the project includes sustainable architecture and smart energy systems. Every building will follow green standards to ensure long-term environmental responsibility.

Developers also plan to add office towers, luxury residences, and retail spaces. In turn, the International Financial Centre this mix will create a vibrant financial community in the heart of Malé.

Construction will follow a phased plan for risk control and transparency. Meanwhile, investors will receive clear updates throughout each milestone.

Eventually, the centre will serve as a global finance gateway in the region. With strong partnerships and a bold vision, the Maldives is ready for economic transformation.