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Vilu Reef

Sun English Edition | 1 day, 11 hours ago | positive

With 53 new ocean villas, Siyam says Sun Siyam’s success is driven by credibility and international financing

Sun Siyam Group inaugurated 53 new ocean villas at Sun Siyam Vilu Reef. Chairman Ahmed Siyam Mohamed said the company's success is rooted in credibility and trust from international financial institutions, which have invested nearly USD 1 billion. Siyam noted that banks now approach the company with funds. He highlighted 25 years of experience in resort development and eight years running a travel agency. Siyam said Sun Siyam World is the easiest resort to sell in Asia, with Olhuveli second. He credited the company's senior management, including Deputy Managing Director Zulaikha Manik and COO Aisha Faiz, and all employees.

Sun English Edition | 1 day, 11 hours ago | positive

Sun Siyam Group becomes company with largest bed capacity following the launch of modern Ocean Villas at Vilu Reef

Sun Siyam Group became the company with the largest bed capacity in the Maldives after launching new Ocean Villas at Vilu Reef resort on June 15, 2026. The villas feature a 'Maldivian Minimalist' aesthetic. Chairman Ahmed Siyam Mohamed stated the achievement is a monumental success. The project received primary investment backing from the State Bank of India. Siyam emphasized the need for high-quality, instantaneous service to meet evolving guest expectations. Despite global challenges, the company remains committed to tourism investments in the Maldives. Sun Siyam Resorts operates five high-end resorts in the Maldives and one in Sri Lanka.