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Sharjah:
The Pearl Initiative and NAMA Women Advancement Establishment (NAMA) have entered a memorandum of understanding (MOU) to collaborate on a joint research project of strategic importance to the economy of the Gulf Region.
The research aims to identify the level of engagement of women in the private sector in the Gulf Region, with the overarching objective of identifying key challenges and opportunities available to women in this regard.
The research follows on from the success of an initial study conducted by the Pearl Initiative and NAMA in 2017 on the engagement of women in the UAE within the Energy & Environment, Finance & Investment, Healthcare & Wellness and ICT & STEM sectors. The findings were published in a full report, Key Findings on Women in the Economy: UAE Outlook. Findings of the research were shared at the Women Economic Empowerment Global Summit (WEEGS) in December 2017, a summit organised by NAMA Women and UN Women and held every two years.
It is intended that the next phase of this research will expand geographically to encompass the wider Gulf Region as well as to include all sectors.
Signed by H.E. Reem BinKaram, on behalf NAMA and Badr Jafar on behalf of the Pearl Initiative, the MOU inks the commitment of both organisations to raise awareness around the role of women in the private sector, while promoting the pivotal role they play within the context of good corporate governance.
HE Reem BinKaram, Director of NAMA Women Advancement Establishment, said: “Along with our longstanding partner, the Pearl Initiative, NAMA has identified that there is a lack of data in the Gulf Region, which can support the shaping of gender-inclusive policies and strategies to be applied to economic sectors across the board. NAMA is committed to supporting women in business and enabling them to become key influencers and equal participants in society and the economy.”
She added: “We believe this expansive Gulf-wide research covering all economic sectors will add value to regional efforts that aim to foster a culture of evidence-based strategies and programmes that provide women with more opportunities and further their achievements at the workplace. The new study is in line with our mission and vision to also support one of the key goals of the 17 United Nation’s Sustainable Development Goals (SDGs), which is gender equality.”
Pointing to some of the conclusions of the 2017 report, Badr Jafar, Founder of the Pearl Initiative, commented that this study will be crucial towards understanding the impact of diversity and inclusivity in the Gulf Region’s private sector, and generating an evidence-based, consolidated outlook for the region.
He noted: “Our continued valued partnership with NAMA reflects the Pearl Initiative’s enduring efforts to expand the reach of our programmes and heighten awareness around corporate governance best practices in collaboration with local and regional leading institutions.”
Jafar stated that the findings of the UAE survey offered the Pearl Initiative a major opportunity to expand their study across the Gulf Region, which seeks to generate important and transformational data for the Region.
The survey is planned to be rolled out at the end of 2018 and will involve a dataset comprising a minimum of 100 companies across the Gulf Region’s private sector.
Founded in 2010, the Pearl Initiative develops programmes and publishes regional research reports and case studies, with aims to influence the regional business and student communities towards implementing higher standards of corporate governance within the Gulf Region.
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About the Pearl Initiative
Prominent business leaders from across the Gulf Region formed the Pearl Initiative in 2010 to create a non-profit vehicle for the Private Sector to collectively take the lead in adopting higher standards in corporate governance, accountability and transparency to enhance business innovation, opportunity and value creation.
With over 40 regional and international partners, the Pearl Initiative brings together business, government and civil society decision-makers to share best business practices and to help maximise the economic opportunities available to companies within the region. The Pearl Initiative also supports Gulf-based university students to identify and embrace strong ethics as they embark on their future careers.
The Pearl Initiative seeks joint collaborative action between regional and global business leaders, international institutions, government bodies and wider initiatives within the Gulf Region, exhibiting positive leadership and sharing knowledge and experience in order to influence the entire regional business and student community.
For more information, please visit www.pearlinitiative.org or contact us on +971 6 515 4605 or via email at enquiries@pearlinitiative.org
Follow us also on @PearlInitiative on Facebook, YouTube and Twitter and @ThePearlInitiative on LinkedIn.
About NAMA Women Advancement Establishment
Established by His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, NAMA Women Advancement Establishment is chaired by his wife, Her Highness Sheikha Jawaher bint Mohammed Al Qasimi.
NAMA’s core philosophy is to raise awareness that women are an indispensable human resource for the development of every nation. NAMA was conceived to go beyond the remit of supporting women and ensuring gender equality to a broader scope that aims to see women become influential key members of society, thereby enabling them to climb the ladder of success.
It encourages policies and legislation to support women and actively pursues programmes that support gender integration into all sectors.
Three entities, namely Sharjah Business Women Council, Irthi Contemporary Crafts Council and Badiri Education and Development Academy, fall under the umbrella of NAMA Women Advancement Establishment.
For further information, press requirements or support, please contact:
Mousa Nimer
National Network Communications (NNC)
+971 50 222 0561
Maha Abourich
National Network Communications (NNC)
+971 50 222 0503
Brittany Brese
The Pearl Initiative
+971 6 515 4664
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