Trade min.: Women's empowerment contributes to developing economy

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Thu, 05 Mar 2020 - 01:55 GMT

FILE - Trade and Industry Minister Nevine Gamae

FILE - Trade and Industry Minister Nevine Gamae

CAIRO - 5 March 2020: Trade and Industry Minister Nevine Gamae has said the empowerment of women in the political and economic fields contributes to developing the country's economy.

Speaking at the Women World Economic Forum (WWEF) in Cairo on Thursday, Gamae thanked Chairwoman of the National Council of Women (NCW) Maya Morsi for her consistent support of all initiatives launched by the Micro, Small & Medium Enterprise Development Agency (MSME) to empower women.

She added that the MSME is set to implement a number of activities to back and empower women in the area of business administration. Those activities include financial and non-financial services.

The minister explained that specialized training courses have been organized for qualifying women and helping them increase their productivity.

Around 46% of women have benefited from loans offered by the MSME, the minister said.

Some 70% of women are running entrepreneurship programs, she added.

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