Egypt Women on Boards Observatory: 2022 Annual Monitoring Report
The 2022 Women on Boards Observatory annual monitoring report analyzes data and track records for the representation of women on boards and senior leadership positions of the Egyptian Exchange (EGX) listed companies, the banking sector, the public enterprise sector, and the non-banking financial sector supervised and regulated by the Financial Regulatory Authority. The women on boards indicator have significantly improved from 16.7 percent in 2021 to 19.7 percent in 2022. This indicates an incremental annual increase of 3% annual increase pattern achieved over the past three years. By this sustained result, participating categories of companies would achieve the 2030 strategy goal of 30% women on boards by 2026.
This report is produced as part of UN Women Egypt and AUC-Women on Boards Observatory, partnership within the framework of the joint regional programme with ILO, “Promoting productive employment and decent work for women in Egypt, Jordan, and Palestine” which is funded by the Swedish International Development Agency (Sida) and “Women’ Economic Empowerment Programme” which is generously funded by the Korean International Cooperation Agency (KOICA). Both programmes are implemented in partnership with the National Council for Women, Ministry of International Cooperation, and the Ministry of Manpower.
The UN Women-AUC partnership aims at investing in equal training and capacity building opportunities for women, reduce gender-specific barriers to women entering into and remaining in the workforce, promote conducive private sector environment while supporting women's representation on corporate boards and in leadership positions.
The launch of this year’s edition of the report witnessed the participation of the Ministry of Planning and Economic Development as one of the main national drivers to promote women’s representation on the boards of directors in the governmental sector, business sector companies and their subsidiaries, through expanding training programs particularly in the fields of technology and digitization aiming at increasing opportunities for women’s participation in the labor market.