UN, Union of Arab Banks cooperation to empower women entrepreneurs

Director General of the Union of Arab Banks, Wissam Fatooh, received yesterday the chairwoman of the Investment and Technology Promotion at the United Nations Industrial Development Organization, Monica Carco, to review projects and activities implemented by the UN organization in a number of Arab countries. Carco reportedly handed to Fatooh an official invitation to attend the annual conference on the empowerment of women capacities which will be held on Tuesday, June 9, in Egypt. Fatooh expressed the Union’s readiness to collaborate in all such projects and to contribute to the development of women’s self-capacities. He also proposed to host a broad meeting for representatives of international organizations, such as the World Bank, the Organization for Economic Cooperation and Development, the Union for the Mediterranean, the International Finance Corporation and the European Investment Bank, and aiming at supporting women's economic capacities through comprehensive and complementary programs. These programs should include projects that are compatible with women’s contexts, and in line with their aspirations in the field of business. (Al Diyar, 30 May 2015)