News
»  Emirates
»  Arab World
»  International
»  Sports
»  Business
»  Special Reports
»  Archives
Bookmark and Share
You are here: Home > News Bulletin
Text size
UAE woman is making substantial strides in business sector: Fatima
2013-02-25 22:24:09
WAM Algiers, 25 Feb. 2013 (WAM) -- Woman in the UAE is making remarkable progress in the business sector as owners of small and medium scale enterprises (SMEs) and heavy weight companies in economy and market, HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women's Union (GWU) and of the Family Development Foundation (FDF) said today.

''The State has introduced business friendly legislations to spur women to start up and manage their own businesses and set up funds to provide financial facilities to women's business initiatives. The State has also issued decisive resolutions giving women the full opportunity to join board of companies,'' Sheikh Fatima said in a statement on the occasion of the opening of the 4th Arab Women Organisation (AWO) conference which Algeria is hosting for three days.

UAE's Sheikha Al Shamsi was recently elected chair of the AWO succeeding Wadouda Badran.

''Islam has granted women the financial right to perform all economic activities and the Arab woman exercised this right over the time as a trader, farm owner, company owner and producer,'' she noted.

The conference is being held under the patronage of Algerian President Abdel-Aziz Boutaflika under the theme ''Female Contracting and Entrepreneurship in the Arab World : Leadership and Development''.

The conference will discuss entrepreneurship and management opportunities for Arab women.

President of Algeria Abdelaziz Bouteflika stressed Monday the need to develop national and Arab policies to better follow the continuous evolution of women entrepreneurship and define its prospects.

He said "female entrepreneurship is an economic reality that we have to take into consideration in the economic construction process." In a statement read on his behalf by Mohamed Ali Boughazi, adviser at the presidency of the Republic before the participants in the 4th conference of the Arab Women Organization (AWO), President Bouteflika underlined that " because of its importance and its theme, the conference is proof that female entrepreneurship is an economic reality that must be taken into account in the process of economic construction by ensuring that women can take on other roles in national and Arab life that would be marked by efficiency and creativity." WAM/TF
Bookmark and Share
Market Watch
»  Abu Dhabi
»  Dubai
»  UAE Stock Market
»  NBAD Exchange Rate
Videos
more...
Surveys
Wam AnyWhere
Get the news at your fingertips..
Weather         For more details click here
City Temperature Humidity
Abu Dhabi 34 23 85 25
Dubai 33 24 80 30
Sharjah 34 23 85 30
Ras Al Khaimah 36 24 90 25
Umm Al Qaiwain 37 23 90 40
Ajman 36 24 85 35
Al Fujairah 37 29 75 20
Al Ain 38 25 70 20
Abu Musa 34 24 85 30
Tunb Kubra / Sughra 35 25 85 30
Delma 35 24 85 30
Ruwais 33 23 85 25
Liwa 37 24 85 20
As-Sila 36 25 80 25