Dubai-based Firm Invests $8.8 Billion to Build Blockchain-Focused Financial Hub in Maldives

The Maldives government has announced a $8. 8 billion joint venture with Dubai-based MBS Global Investments. The partnership seeks to establish the Maldives International Financial Centre (MIFC), a blockchain and digital asset-focused financial hub in the capital, Malé, by 2030.   The initiative marks a strategic pivot for the debt-laden island nation, aiming to diversify its tourism-dependent economy and reduce reliance on traditional loans source: https://beincrypto.com/maldives-blockchain-financial-hub-mifc/