Thursday 25th Apr 2024
Dhivehi Edition
News Reports Sports Business
Dhiraagu

Former MP Abdullah appointed to the board of Dhiraagu

The government of Maldives has appointed Abdullah Abdul Raheem to the directors board of Dhiraagu, a telecommunication company partly owned by the government.
Abdul Raheem was the former MP for Maafannu South constituency and is a staunch supporter of Foreign Minister Abdullah Shahid. The Privatization and Corporatization Board (PCB) announced the decision to appoint Abdullah today.
The board of Dhiraagu constitutes of 8 members. Four of them are foreigners and four are locals.
The majority shareholder of Dhiraagu Kuwait-based BTC Islands Limited (Batelco). Batelco owns 52% shares of Dhiraagu while the government of Maldives holds 41.8% stake in the company. Remaining 6.2% of shares are publicly listed.