Housing Development Corporation (HDC) has announced the sale of land from Phase I and Phase II of the industrial island of Thilafushi, exclusively for Maldivian citizens.

Total 108 plots are available for industrial purposes from Thilafushi Zone A, Area B.

• Type 1: 2,500-4,999 square feet, 64 plots
• Type 2: 5,000-9,999 square feet, 42 plots
• Type 3: 10,000-14,999 square feet, 2 plots

The sale of land will be carried out in two phases; the submission of Expression of Interest (EOI) and, in cases where a plot receives more than one EOI, it will go to bidding.

The minimum bid price is MVR 1,700 per square feet.

Interested parties can submit their bids via HDC’s portal or via email to sales@hdc.mv.

Meanwhile, the opportunity has also been opened for parties who have leased land from Phase I of Thilafushi to purchase the plot. The opportunity is open for parties who have leased land the size of 5,000 square feet or more.

Thilafushi is being developed as the main industrial and business hub in the greater Male’ region.

Source(s): sun.mv

The development of Gaza could face a retrogression by over four decades if the current Palestinian-Israeli conflict was to last for nine months, according to a UN report.

The report, issued on Thursday, reveals a joint study by the UN Development Programme and the Economic and Social Commission for Western Asia (ESCWA), which warns of sharp decline in the Human Development Index (HDI), a summary measure of well-being, in the Gaza Strip and Palestine amid the ongoing Palestinian-Israeli conflict.

The study showed that after nine months of the conflict, the HDI for Gaza could fall to 0.551, setting back progress by 44 years. For Palestine, development could retrogress by more than 20 years – to earlier than 2004.

“This assessment projects that Gaza will be rendered fully dependent on external assistance on a scale not seen since 1948, as it will be left without a functional economy, or any means of production, self-sustainment, employment, or capacity for trade,” said ESCWA Executive Secretary Rola Dashti.

As the conflict approaches its seventh month, the poverty rate in Palestine has surged to 58.4 percent and its GDP has plunged by 26.9 percent, resulting in a loss of $7.1 billion from a 2023 no-war baseline, the UN report showed.

At least 34,596 Palestinians have been killed and 77,816 wounded in Israeli attacks on Gaza since October 7, according to latest update by Palestine’s health ministry.

Hamas said on Thursday it is studying Israeli ceasefire proposals in a “positive spirit” and a delegation is set to visit Egypt soon for further talks, as Israel reiterates it will attack Gaza’s southernmost city of Rafah regardless.

Meanwhile, Israel launched an aerial attack from the direction of the occupied Golan Heights on Thursday night against a military site near the Syrian capital of Damascus, injuring eight soldiers and causing material losses, the Syrian Defense Ministry said.

The targeted areas are known strongholds for elements of Hezbollah and Iranian-backed militias, according to the observatory in Syria.

This attack follows a reported decline in Israeli attacks over the past month, which the Syrian observatory’s director attributed to the strikes on the Iranian consulate in Damascus on April 1.

Iran on Thursday announced sanctions on several American and British individuals and entities for supporting Israel in its war against Hamas. The sanctions include prohibiting accounts and transactions in the Iranian financial and banking systems, and blocking assets within the jurisdiction of Iran as well as visa issuance and entry to the Iranian territory.

Türkiye also announced the halt of all trade activities with Israel as of Thursday until the latter allows the flow of humanitarian aid to the region, said the Turkish trade ministry.

A Shiite militia in Iraq on Thursday claimed responsibility for a missile attack on three sites in the cities of Tel Aviv and Be’er Sheva in Israel “in solidarity with the people of Gaza,” and pledged to persist in targeting the “enemy’s strongholds.” The group has launched multiple attacks on Israeli and U.S. bases in the region since the Gaza conflict broke out.

Source(s): CGTN

Hamas said on Wednesday that ceasefire negotiations with Israel would be suspended if Israel attacks the city of Rafah in the southern Gaza Strip.

Osama Hamdan, a senior Hamas official, said in an interview with Lebanon-based al-Manar TV that Hamas would halt all indirect negotiations with Israel if it launches military operations against Rafah.

Accusing Israel of seeking “to blackmail all the parties by its threats of attacking Rafah,” the official said “the resistance is still having its power to defend our people.”

On Monday, a Hamas delegation left Cairo and said they would return with a written response to the latest truce proposal.

U.S. Secretary of State Antony Blinken, who is on his seventh visit to the Middle East, on Wednesday urged Hamas to accept the truce deal which would see 33 hostages released in exchange for a larger number of Palestinian prisoners and a halt to the fighting, with the possibility of further steps towards a comprehensive deal later.

“Israel has made very important compromises,” he said. “There’s no time for further haggling. The deal is there. They (Hamas) should take it.”

A senior Hamas official said on Wednesday that Hamas was still studying the proposed deal but said Israel was the real obstacle.

Israel is holding off sending a delegation to Cairo for follow-up truce talks, pending a response from Hamas’ leader in Gaza, Yahya Sinwar, an Israeli official told Reuters.

Israel’s military chief of staff Herzi Halevi on Wednesday said that the country’s offensive operation in Gaza “will continue with strength” and that Israel was “preparing for an offensive in the north.”

Israeli Prime Minister Benjamin Netanyahu has previously said that Israel will enter Rafah and eliminate the Hamas battalions there “with or without” a deal with Hamas.

With an Israeli ground operation in Rafah on the horizon, United Nations (UN) aid chief Martin Griffiths said on Tuesday that Israeli improvements to aid access in Gaza “cannot be used to prepare for or justify a full-blown military assault on Rafah.”

More than one million people face famine after six months of the conflict, the UN has said.

As night fell on Wednesday, Israeli planes and tanks pounded several areas across Gaza, residents and Hamas-linked media said.

Medics in Gaza said at least 27 Palestinians were killed in strikes on Wednesday, with others likely hurt or killed in areas they were unable to reach.

To speed the flow of humanitarian aid into the besieged enclave, the U.S. military has so far constructed over 50 percent of a maritime pier that will be placed off the coast of Gaza, according to the Pentagon.

However, U.S. lawmakers have questioned whether the pier is a worthwhile endeavor. On the one hand, it will cost the American taxpayers at least $320 million to operate the pier for only 90 days; on the other hand, the U.S. military personnel could become targets of Hamas militants, Republican Senator Roger Wicker told Reuters.

Source(s): CGTN