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12/25/2017      Concrete steps to promote women’s leadership in economic growth taken at WEEGS - UAE Business Insights - TotalUAE.com
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       LATEST NEWS         YOU ARE HERE:  Home → News → Concrete steps to promote women’s leadership in economic growth taken at WEEGS       LOGIN
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       MBZ Fund supports
       Jamaican plant research  Concrete steps to promote women’s
       DECEMBER 25, 2017
                           leadership in economic growth taken at                                       Password
       Six sentenced to death
       over assassination  WEEGS
       attempt, terror attacks
       DECEMBER 25, 2017                                                                                 .   Remember me
                             WAM    December 7, 2017
       Emirati woman invites  SHARJAH, 6th December 2017 (WAM) - The first Women’s Economic Empowerment Global Summit (WEEGS 2017)  Log in
       Shaikh Hamdan for a  signaled the implementation of one of the recommendations of the UN Secretary General’s High-level Panel Report on
       meal, and he accepted  Women’s Economic Empowerment, which was to address the issue of women’s economic empowerment by working  Don't have account? Re
       DECEMBER 25, 2017   directly with female entrepreneurs with a specific focus on building the bridge between them and the private sector,
                           bringing stakeholders together and building partnerships between them.
       Saudi police find body of  Gender-responsive procurement of goods and services by increasing the number of products procured from women
       kidnapped judge     owned and run enterprises, and making it a mainstream trade practice instead of an exception, was one of the summits
       DECEMBER 25, 2017   key focus areas, as per the UN Report’s recommendations. Currently, only 1 percent of goods procured globally fall in
                           this category.
       Fake goods worth Dh8m
       seized in Ajman     "I want to thank the UAE government and the Emirati leadership who have played a pivotal role in different ways," said
                           Phumzile Mlambo-Ngcuka, the Under Secretary General and Executive Director of UN Women.
       DECEMBER 25, 2017
       Smoothing the path  "We are left with only 13 years before 2030 by which time we should have reached substantive equality. We are making
       from Africa to college  a case and argument that gender equality is not an open ended journey; it has an expiry date. What would the world
                           look like in 2030 if it lived up to the expectations of the Agenda 2030? Violence against women will not be a norm;
       DECEMBER 25, 2017
                           society will not tolerate child marriage or trafficking. Everywhere, we will have mechanisms to ensure these practices do
                           not thrive. In 2030, we will want to ensure that equal pay is a norm, and women enjoy greater representation in a
       Free parking on New  diverse set of economic and leadership roles. Is this too much to ask, or is this rocket science," she added.
       Year day
       DECEMBER 25, 2017   The importance role of technology specifically in addressing women’s entrepreneurship issues were highlighted, in
                           context of its role in creation and marketing of products, accessing finance, increasing the reach of companies and
                           enhancing profitability.
       Free parking in Abu
       Dhabi on New Year
                           WEEGS raised the bar on the Women’s Empowerment Principles (WEPs) by being a platform where 20 organisations,
       DECEMBER 25, 2017   public and private, demonstrated leadership on gender equality by adopting of two WEPs each under the ‘WEEGS
                           Pledge’. The summit emphasised that this initiative was a step towards ensuring that by 2030, businesses around the
       Grapes to lambs     world will promote gender equality, and empower women in the workplace, marketplace and community as a norm and
       squeezed as South   not an exception. Big international conglomerates like Ernst and Young, Mubadala Investment Company, Citi, Accenture,
       Africa drought drags on  and Procter and Gamble (P&G) have signed up to WEPs at the summit.
       DECEMBER 25, 2017
                           Joelle Zilliox, IMEA Purchase Leader at P&G, shared the company’s experience, saying, "P&G wanted to expand diversity
                           and inclusion beyond the walls of their offices for a reason. These qualities are rooted in our culture with a small
       NYU Abu Dhabi Art   example being the 95,000 people who have come together from all over the world to make up our workforce. Through
       Gallery’s spring show to  bringing our external suppliers into this ambit of diversity and inclusion, we have sourced goods and services worth USD
       examine impermanence  2 billion from diverse and minority women-owned businesses in the US and Canada. This number is growing. Why?
       and displacement    Because our findings show that companies that run effective supply diversity programmes report increased profitability.
       DECEMBER 25, 2017   Our internal data shows that women-owned and diverse suppliers actually perform better than the average supplier
                           base."
       MORE RELATED ITEMS  The final session of the two-day event , dedicated to the WEPs, and titled ‘Driving WEPs Implementation: From Promise
                           to Practice,’ sheds light on the fact that with 1,655 countries signed up to WEPs so far, the ball may be rolling, but there
       MBZ Fund supports   is a long way to go.
       Jamaican plant      Dr. Enas Makkawi, Director of Women, Family and Children's Department at the League of Arab States said, "We have
       research            Japan and Turkey as our largest contributors but the figures are peanuts compared to what they should be. From issues
       25 Dec 2017         such as recruitment and fair pay to encouraging suppliers to expand their operations to women owned and managed
                           businesses, the pillars of WEP are not only workable, they are positively beneficial."
                           "The responses are simply that dealing with a gender balanced workforce results in better company performance," Dr.
                           Enas Makkawi added.
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