The Restoration of the Sultanate
  On 01 Rajab 1373 (March 06, 1954) Maldives again became a Sultanate. Al Ameeru Muhammad Fareed was elected Sultan and ascended the throne as Sultan Muhammad Fareed I.
 

The First Republic was established at a time of dire economic hardship, both in the Maldives and the world in general. The hardship of the times imposed a severe burden on the leadership of the First Republic, which had to face numerous problems and obstacles. As a result, the First Republic was overthrown in a matter of months by a coup. The coup was instigated on 11 Zul Hijja 1372 (22 August 1953) after the Friday prayers. Among the justifications of the coup was the ineffectiveness of the First Republic. Another referendum was held regarding the system of governance of the country. The referendum supported the restoration of the sultanate and Amir Muhammed Fareed Didi was elected as the Sultan. At 1000 hrs on 1 Rajab 1373 (6 March 1954) the ascension of Sultan Muhammed Fareed al Awwal was proclaimed. During his reign, two prime ministers served him in turn. The first prime minister was Sumuwul Amir Ibrahim Faamuladeyri Kilegefan. The second was Ibrahim.Nasir. Important events that occurred during the reign of Sultan Fareed include the emergence of the Maldives as a fully sovereign and independent nation, the Addu crisis, the expulsion of Borah merchants, and the opening of the first airport.

 
  The Prime Ministers served consecutively during the reign of Muhammad Fareed I. The first was Ameer Ibrahim Faamuladheyri Kilegefaanu who served from 03 Rajab 1373 ( March 08, 1954 ) to 19 Jumaadhil Oola 1377 ( December 11, 1957 ).
 
  On the resignation of Ameer Ibrahim Faamuladheyri Kilegefaanu on 19 Jumaadhil Oola 1377 (December 11, 1957 ), Ibrahim Nasir became Prime Minister. He remained as Prime Minister, until Maldives again became a Republic and he was elected President.
 
  The Borah merchants who had dominated Maldivian trade for more than a century were expelled on 29 Safar 1382 (August 01, 1962). Photo shows a group of Borah merchants.