The Arab Women Organization (AWO) has called for the establishment of an “Arab funding system” to promote women entrepreneurship and help newly created enterprises run by women.
The call was launched during the 4th AWO conference held in Algeria February 25-27 on the topic of “Women’s Entrepreneurship in the Arab World: Development and Leadership”.
Such a funding system will provide businesswomen with a sound and comprehensive assistance and enhance thus their participation in their respective countries’ economic growth.
The conference debated Women’s entrepreneurship in various field, including industry and trade, education and media, tourism and services, and agriculture.
The conference assessed the implementation of previous recommendations in the field of entrepreneurship and women leadership in business from a gender approach, and debated ways of carrying out a medium and long-term strategy to empower women in this vital area, which is a significant source of economic growth and job generating.
The conference, which provided a platform for experience exchange, also stressed the need to create a database on women’s entrepreneurship in the Arab world and to share information on successful experiences to encourage women to invest in the business sector.
The conference likewise recommended introducing into the academic programs notions of leadership in entrepreneurship, business management, marketing, and public relations.
Participants also urged Arab women to use modern technologies in daily business activities “to develop their knowledge in the field”.