The Fifth Annual Event for “Ring the Bell for Gender Equality” in Egypt

Date: Monday, March 18, 2019

A group photo during “Ring the Bell for Gender Equality” Event
A group photo during "Ring the Bell for Gender Equality" event. Photo:Egyptian Stock Exchange

To mark the International Women’s Day, UN Women Egypt in partnership with UN Global Compact Network Egypt, International Finance Corporation (IFC), World Bank Group, Egyptian Exchange (EGX), the National Council for Women in Egypt (NCW), and Egyptian Institute of Directors (EIOD), successfully organized the 5th Annual Ring the Bell Event for Gender Equality on March 4that the Four Seasons Nile Plaza.

The day started with opening remarks by Dr Maya Morsi; President of the National Council of Women where she began by congratulating Egyptian women on the occasion of International Women's Day, adding that Egypt celebrates centennial of Egyptian women's struggle. She also confirmed that Egyptian women are essential partners in the advancement of the national economy, emphasizing the need for concerted efforts by all institutions in countries to work to empower women economically in order to push the national economy forward.

From her side, Dr. Sahar Nasr, Minister of Investment and International Cooperation, congratulated Egypt's women while emphasizing that women's economic empowerment serves the interest of the national economy.

Additionally, Ms. Blerta Aliko, UN Women Country Representative in Egypt, affirmed promoting gender equality contributes to the sustainable development of the countries, and helps in overcoming the structural causes of poverty and of social and political instability. "I encourage investors to further engage with stock exchanges on gender issues relevant to portfolio value. In doing so, companies will be better placed to attract talent, boost productivity and enhance their bottom lines, while also leveraging the power of capital markets to close the gender gap." Aliko stated.

The event included a panel discussion entitled “Role of Women in Advancing the Egyptian Economy” which aimed at discussing the growing business and economic case for gender equality and gender inclusiveness, how businesses can take actions to adopt and advance the SDGs and the WEPs. The findings from the recent “Women on Boards” study conducted in Egypt were presented. The panel also showcased success stories from women who are facing challenges working in their organizations.