Business
Abu Dhabi’s Jalboot to manage luxury marina in Maldives’ Crossroads integrated destination
Thailand’s premier property development company Singha Estate on Tuesday announced a deal with Abu Dhabi-based Jalboot Holdings to manage its luxury marina at Crossroads, the first and largest integrated tourism destination in the Maldives.
As part of the 10-year exclusive deal, Jalboot will be providing a full spectrum water transport solution for Crossroads, including marina management, water transport and other support services.
“Singha Estate is very excited about this collaboration with Jalboot. They are the perfect partner for Crossroads as our upscale water transportation and services that will bring in the new marina experiences,” Naris Cheyklin, CEO of Singha Estate, was quoted in a statement, as saying.
Jalboot will also open a ‘one stop shop’ retail space at Crossroads’ Township — the project’s leisure and entertainment hub — that will hold agencies for different vessels and spare parts, with a chandlery stocking specialist supplies and equipment. This retail space will include a dedicated VR lounge for visitors to experience virtual tours on many of Jalboot’s vessels available for purchase.
Alongside managing Crossroads’ luxurious berth yacht marina, Jalboot will be providing a comprehensive range of luxury cruise services at the integrated destination totalling six vessels consisting of:
- Round-trip ferry transportation services to and from Velana International Airport and other nearby islands
- A yacht chartering service
- Cutting edge electric Dhoni boats providing inter-lagoon services
Jalboot says its vessels have been uniquely designed for Crossroads, fully equipped with air-conditioning and having the capacity to transport over 4,000 passengers per day. Placing sustainability first, key innovations of the vessels include:
- Water jet propulsion instead of conventional propellers, which can have a damaging effect on precious marine life and corals; suitable for the geography of the Maldives.
- Full-scale Solas standard facilities.
- A catamaran design engineered to enable vessel stability and comfort.
“The creative DNA of Jalboot and Singha Estate are very similar,” Jalboot’s CEO Mohamed Roestali and Group Chief Financial Officer Thomas Rebollini said.
“Singha Estate is a very progressive organisation that has brought the first marina and the first inter-linked resort of its kind to the Maldives. Amongst our many similarities, Jalboot has trail-blazed the creation of a water transport network in the UAE as well. Together, we can create an experience unlike any others in the Maldives.”
According to Jalboot, plans are also underway for inter-island transportation to be completely electric-powered, as it aims to make a significant future investment on marina and yacht management in light of the growth potential of the Maldives market.
Visitors to Crossroads can also look forward to enjoying a show, where Jalboot will showcase new models of luxury vessels. Additionally, the marina is expected to include an upscale boardwalk, featuring a stylish dining experience, hosting celebrity chefs and world renowned DJs.
From the marina management collaboration, Jalboot says it plans to enhance employment opportunities among Maldivian communities by sharing its specialised know-how with a local team at Croassroads marina via a specially formed start-up group.
Founded in 2013, Jalboot Holdings is a leading integrated provider of vessel design, construction and operation of sightseeing and passenger transfer ferry services based in Abu Dhabi. The company has surged to the frontline of the marine transport service industry, and in addition also provides private and commercial boat charters.
Developed by Singha Estate, Crossroads spans nine islands in the Emboodhoo Lagoon and will have a plethora of dining, retail, entertainment, recreational and leisure-lifestyle offerings, including a 50-berth marina. In addition to Hilton’s Curio Collection resort, which will be set exclusively on one of the islands within the integrated destination, Crossroads will also be home to Hard Rock Hotel Maldives and Hard Rock Cafe Maldives — the first development in the Maldives by world-class entertainment and lifestyle brand Hard Rock International.
With its close proximity of a 15-minute boat ride from the Maldives main Velana International Airport and capital Male, Crossroads aims to captivate leisure travellers and family markets with a development spanning nine islands, boasting 1,300 rooms and a retail space of over 11,000 square metres.
The project’s leisure and entertainment hub, The Township will house a variety of international restaurants, retail outlets, a world-class wellness spa, a Maldives Discovery Centre with coral preservation and coral propagation activities, a diving centre, a multi-purpose hall, a kids club, and a cultural centre. World-renowned partners at the Township include Hard Rock Café Maldives, Café del Mar, and two of Asia’s 50 Best Restaurants, Ministry of Crab and Nihonbashi.
Business
BBM’s ‘Studio of Culinary Excellence’ opens at MNU to bridge classroom, industry
The best way to secure the future is to create it.
Creating that future through specific, purposeful initiatives is what drives people of purpose—and, in turn, moves us all closer to the future we desire.
The Maldives is a compelling case study of a tourism-driven economy. Look around and ask why an event is being staged, what someone is working on, or where a new initiative is leading, and the answer will often point to the hospitality sector. Securing the future, therefore, is inextricably linked to strengthening and advancing that sector.

Here, “strengthening” means making the sector’s contribution more sustainable; ensuring that a greater share of its growth benefits the community; continuing to offer a compelling value proposition to the discerning global traveller; and ensuring that visitor experiences continue to generate an unparalleled reputation and valuable referrals.
To achieve these outcomes in the future, it is essential that current and future generations of the local community engage actively with the industry. Making hospitality appealing and aspirational, enhancing the quality of delivery and service, and building a pipeline of skills and talent into the sector are areas in which initiatives, inspiration, infrastructure and investment should be concentrated.

It is firmly in this context that Mr Ismail Hilmy, Chairman and Managing Director of BBM, initiated the establishment of a modern, exceptionally well-equipped and thoughtfully designed model kitchen, aptly named the Studio of Culinary Excellence. By donating the Studio to MNU, under whose auspices it will serve the Maldivian culinary community, Mr Hilmy is responding directly to the need for deeper community engagement. At the heart of BBM’s framework for industry-outreach initiatives— “Because tomorrows start today”—is Mr Hilmy’s ethos of fostering engagement and vibrancy in the industry.
“For our students, the gap between the classroom and a working resort kitchen has always been the hardest one to close,” said Dr Shehenaaz Adam, Vice Chancellor of the Maldives National University. “The Studio of Culinary Excellence closes that gap. Students can now train on the same equipment and to the same standards they will encounter on their first day in the industry. We are grateful to BBM for a partnership that goes well beyond a donation, and we look forward to the Studio becoming a place where the university and the industry learn from one another.”

The Studio therefore creates an opportunity to develop a pipeline of skills and talent in service of the industry.
“Embedding purpose in our work has been an ongoing endeavour at BBM. It keeps us connected to our stakeholders and builds insight, understanding and trust. Being a meaningful partner to academia as we move into the future gives us a great sense of fulfilment and guides our initiatives under the banner, ‘Because tomorrows start today,’” said AVS Subrahmanyam, Chief Operating Officer of BBM.
But what is the value of physical infrastructure without the corresponding spark of aspiration and ambition?

As Ali Afrah Hassan, Executive Representative at Chairman’s Office – BBM, aptly observed: “The Studio offers students and members of the community hands-on experience with world-class equipment, together with knowledge-sharing masterclasses. Who knows—in the not-too-distant future, a Michelin-starred Maldivian chef may fondly credit some of their inspiration to time spent at the Studio!”
Now that is the mind and heart in sync—working towards a future that is aspirational, ambitious and entirely attainable.
Business
BBM Hulhumalé Phase 2 opening promotion winner receives Honda Airblade
Bestbuy Maldives (BBM) has presented a brand-new Honda Airblade motorbike to the winner of a lucky draw held to mark the opening of its newest wholesale outlet in Hulhumalé Phase 2.
The outlet, located at Lot 20286 on Nirolhu Magu, opened on 16 February 2026 as part of BBM’s expansion of its wholesale operations.
To celebrate the opening and thank customers for their continued support, BBM introduced a special lucky draw exclusively for customers who made purchases from the new outlet on its opening day.

Customers who purchased products during the opening were eligible to enter the draw, with a Honda Airblade motorbike offered as the grand prize.
The lucky draw was conducted on 13 August 2026, with Ibrahim Shifaz of Vagthun Vaguthah outlet selected as the winner.
Shifaz was recently presented with the ceremonial key to the Honda Airblade by AVS Subrahmanyam, Chief Operating Officer of Bestbuy Maldives.

The promotion formed part of BBM’s activities surrounding the opening of its Hulhumalé Phase 2 outlet, which provides customers with access to the company’s range of wholesale products from the growing residential and commercial area.
Bestbuy Maldives is a supplier and distributor serving businesses across the Maldives, including customers in the hospitality, food service and retail sectors.
Business
Football legends receive FIFA World Cup 2026 match balls signed by President Muizzu
Male’ Aerated Water Company (MAWC), the authorised bottler of The Coca-Cola Company in the Maldives, on Thursday hosted the Official FIFA World Cup 2026™ Match Ball Handover Ceremony, presenting Football Legends of Maldives with official FIFA World Cup 2026™ match balls signed personally by Dr Mohamed Muizzu, President of Maldives.
Held in partnership with the Ministry of Youth Empowerment, Sports and Fitness, the ceremony recognised former national footballers whose achievements, service and influence have helped shape football in the Maldives and inspired generations of players and supporters.
The Coca-Cola Company has been an official partner of FIFA since 1974, making it one of the longest-standing partnerships in the global sport. For MAWC, the handover brought that global partnership to life locally by connecting the FIFA World Cup with people who have contributed to Maldivian football history.
As the sole authorised Coca-Cola bottler in the Maldives for over 35 years, MAWC has supported local sport through partnerships, campaigns and community initiatives. The ceremony continued that commitment by recognising the legacy of players who represented the Maldives and contributed to the growth of football in the country.
“Maldives’ football legends have given generations of supporters moments of pride and have played an important role in shaping the country’s sporting history. At MAWC, we believe recognising their contribution is as important as supporting the next generation. Through our partnership with Coca-Cola and FIFA, and in collaboration with the Ministry of Youth Empowerment, Sports and Fitness, we are honoured to celebrate their legacy. These match balls are a token of our appreciation for what they have given to Maldivian football,” said Milind Derasari, Chief Operating Officer, MAWC.
Adding to the excitement of the football season, MAWC ran a nationwide FIFA World Cup 2026™ consumer promotion from 21 March to 24 May 2026. Eight winners received an all-expenses-paid experience for two to attend a FIFA World Cup 2026™ match. Hundreds more won Coca-Cola branded merchandise and other prizes during the campaign, bringing the excitement of the world’s largest football tournament to consumers across the Maldives.
MAWC remains committed to building partnerships that support the development of sports across the Maldives, working with the Government of Maldives and other partners.
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