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Gov't is committed to supporting new businesses: President

President Ibrahim Mohamed Solih has stated the government is committed to assisting new businesses to establish themselves and will continue to be a partner of the private sector. He made the statement at the Gold 100 Gala event held at CROSSROADS Maldives.

Speaking at the event, President Solih highlighted the economic challenges in the country, particularly the effects of the COVID-19 pandemic on the tourism sector. He said the Maldives is now on the path of recovery with economic activities resuming and tourist arrivals going up to 70%, compared to pre-COVID-19 arrivals.

Furthermore, President Solih underscored the important role played by businesses in sustaining the economy. He noted the award-winning businesses are innovative, strong and successful, and are exemplary businesses that have made effective use of their resources.

The GOLD 100 is a list of leading 100 business entities in the Maldives, published by Corporate Maldives, every year. The awards were presented to the Gold 100 winners at the event.

Additionally, President Solih officially launched the Gold 100 magazine and awarded the Lifetime Achievement Award to special recipients at the event. The Gold 100 Gala is an invitation-only networking event that brings together top executives from the Maldivian business community and assists those in search of new business ventures.

Chairmen, managing directors, CEOs, and key decision-makers within the business community of Maldives were in attendance at the event.