Maldives Signs $9 Billion Deal With MBS Global to Set Up International Financial Centre

The Maldives signed a joint venture agreement and MoU with Dubai-based MBS Global Investments to establish the Maldives International Financial Centre (MIFC), a $8.8 billion project aimed at positioning the country as a hub for digital finance. The signing was witnessed by President Mohamed Muizzu in Malé on 4 May 2025. The MIFC is expected to cover over 830,000 square metres, accommodate 6,500 residents, and create up to 16,000 jobs. MBS Global anticipates it could triple the Maldives' GDP within four years and generate over $1 billion in annual government revenue by the fifth year. Financing commitments totaling $4-5 billion are in place. The project represents a shift from conventional borrowing to long-term investment models.

The Maldives signed a joint venture agreement and MoU with Dubai-based MBS Global Investments to establish the Maldives International Financial Centre (MIFC), a $8.8 billion project aimed at positioning the country as a hub for digital finance. The signing was witnessed by President Mohamed Muizzu in Malé on 4 May 2025. The MIFC is expected to cover over 830,000 square metres, accommodate 6,500 residents, and create up to 16,000 jobs. MBS Global anticipates it could triple the Maldives' GDP within four years and generate over $1 billion in annual government revenue by the fifth year. Financing commitments totaling $4-5 billion are in place. The project represents a shift from conventional borrowing to long-term investment models.

The Maldives signed a joint venture agreement and MoU with Dubai-based MBS Global Investments to establish the Maldives International Financial Centre (MIFC), a $8.8 billion project aimed at positioning the country as a hub for digital finance. The signing was witnessed by President Mohamed Muizzu in Malé on 4 May 2025. The MIFC is expected to cover over 830,000 square metres, accommodate 6,500 residents, and create up to 16,000 jobs. MBS Global anticipates it could triple the Maldives' GDP within four years and generate over $1 billion in annual government revenue by the fifth year. Financing commitments totaling $4-5 billion are in place. The project represents a shift from conventional borrowing to long-term investment models.

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