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“Sarah El Battouty” First Egyptian Woman to receive the “WE Empower Award”

“Top 50 Most Influential Women Forum” acknowledges Eng. Sarah El-Battouty’s efforts during her journey with the Presidential Program for Qualifying Youth for Leadership that contributed to creating a new generation, especially young women, capable of delivering leadership duties, which strengthens the presence of women of all ages in leadership positions.

Top 50  Forum recognizes Sarah El-Battouty, Founder and Chairperson of the Board of Directors of EConsult, as one of the most important young leaders in Egypt at the current time, which made her the youngest member of the President’s Advisory Council  and a member of the founding team of the Presidential Program for qualifying  Youth Leadership, in addition to her membership in the presidential Specialized Council for Community Development.

According to the forum, El-Battouty is an honorable model for technocratic women who have reached the highest ranks of leadership at an early age, whether in the private pr or the public arena, which confirms that Egyptian women have creative talents that enable them to actively contribute to leadership in early stages of life, especially in light of the political leadership’s support to create a generation of New women pioneers.

Sarah El-Battouty is considered one of the young leaders at the Top 50 Forum, chosen by the United Nations among the 6 most influential business women among the owners of private companies in the Middle East in the field of sustainable development and entrepreneurship.

She served as Senior Advisor to the President in 2014 for Sustainable Community Development.

She was Nominated by the United Nations in the “WE Empower UN SDG” 2020 program for the 142 most influential women globally in achieving the global sustainable development goals.

El-Battouty works as an architect in the field of green and Eco-Friendly Buildings. She founded EConsult, which is considered one of the most distinguished Egyptian companies in the field of environmental design.

 

“# Be Brave”… A Campaign Launched by the Top 50 Women Forum to Combat Sexual Harassment

Cairo – 6 July 2020:

The Top 50 Women Forum launched a campaign “#Be Brave,” which promotes cultural change to end sexual harassment. The new campaign aims to empower victims of sexual assault to speak out with no shame, urging them to file complaints to relevant authorities.

The Top 50 Women Forum will hold online meetings to organize events and media messages to tackle sexual harassment specifically after recent sexual abuse allegations spread across the social media from multiple Egyptian girls and women over the harassment and rape incidents. Presently, the Public Prosecutor is investigating the incidents circulated online.

The forum believes in the importance of women standing by their rights and championing one of the most compelling social problems, not out of prejudice, but for empowering victims to deal with the aftermath of sexual assault.

#Be Brave campaign is launched in collaboration with The Top 50 Women Forum members and an expanded network of women to increase emphasis on responding to the needs of victims and survivors of sexual assault.

On her part, Dina Abdel Fattah, the chairperson of Top 50 Women Forum, said: “The forum will spare no effort to fight sexual misconduct in collaboration with many leading governmental and private institutions, to directly reach out to victims, disclose incidents and prosecute sex offenders.”

“Sexual harassment is a persistent problem for women. Unfortunately, cases of sexual abuse against women and girls in Egypt continue to rise. ‘#Be Brave’ campaign aims at eradicating sexual misconduct in the long term, by nurturing collaborative efforts and gathering educational, Religious, legal, and other relevant entities under with a unified purpose,” Abdel Fattah added.

Abdel Fattah further noted that the forum aims to break social barriers, empower Egyptian women, and develop their capabilities to reach full potential in achieving sustainable livelihoods.

She also urged concerned authorities to deal with this issue firmly and quickly, noting that undertaking appropriate and timely actions in response to sexual assault allegations are the stepping stones towards the realization of the campaign goal.

In 2014, Egypt increased the penalty for sexual harassment to reach imprisonment for a period of six months that reach up to one year if it recurs or a financial fine ranges between five thousand to twenty thousand pounds. On the other hand, the penalty for rape reaches life imprisonment or death in some cases if the victim is less than 18 years old.

Abdel Fattah demanded to increase the punishment of the molesters through urgent legislative amendments in the Egyptian parliament to deter every person who entrusts himself with such practices.

The Top 50 Women Forum acts as a growing network of Egypt’s most influential women in business, committed to a holistic approach of empowering women and strengthening their decision-making power and participation in the country’s reform processes. The forum launched Egypt’s first-ever Top 50 Most Influential Women grand ceremony in 2016, under the auspices of Egyptian Prime Minister, to elect 50 leading women in business, who made the most significant contributions to the Egyptian economy. The ceremony is held every year to highlight and recognize Egyptian women and their success stories. Top 50 Women Forum members include prominent and influential female ministers, executives, and entrepreneurs across the Financial, Banking, Investment, Trade, Tourism, Technology, and Media sectors.

Ahl Masr Foundation converts 3 buildings into quarantine hospitals with a capacity of 540 beds amid the coronavirus crisis

Under the auspices of the Ministry of Communications and Information Technology, Orange Egypt Cooperates with “Ahl Masr Foundation” to Provide Quarantine Hospitals with Preventive Medical Supplies among different governorates and offers its sales fleet va
Tarek Fayed, Chairperson and CEO of Banque du Caire, announced that the bank is preparing a 200-bed quarantine building for coronavirus patients, in partnership with the Ahl Masr Foundation.

Top 50 Women Forum chair urges release of vulnerable women prisoners amid coronavirus

Egypt has to consider the appropriate release of elderly and vulnerable women prisoners in a bid to stem the spread of the coronavirus pandemic, said chairperson of Top 50 Women Forum, on Monday.

Dina Abdel Fattah has demanded the release of imprisoned women debtors, women convicts aged above 60 years, and nursing mothers from detention as well as women prisoners with underlying medical conditions to reduce the prison population and prevent harm.

These women are the most vulnerable to the virus, Abdel Fattah noted.

She reiterated her trust in the political leadership in Egypt, believing that President Abdel Fattah al-Sis would response to her plea given his strong support to the Egyptian women.

“President Sisi has already adopted many humane initiatives during feasts and other various occasions, which in turn contributed to reduce the number of vulnerable women in prisons,” Abdel Fattah said.

She also called legislators to revise the current criminal justice system applied to these vulnerable groups.

“Egyptian women are the strong pillars of our society. And in times of crisis, they are the most effective tool for development and easing the social and economic impact left.”

Both the state and the private sector have to support these vulnerable groups to help them start over and play more effective role in their society, Abdel Fattah said.

Founded in 2015, Top 50 Women Forum is the biggest female technocrat platform in Egypt, aimed at advocating women’s social, political, and economic empowerment.

11 Egyptians in ‘Middle East’s 100 Power Businesswomen’ of 2020

Forbes featured eleven Egyptian women in its  “Middle East’s 100 Power Businesswomen 2020 which highlights women in the MENA who have shattered the glass ceiling to thrive in their respective careers, despite obstacles that continue to keep women out of the labor market in the region.

Featuring women from 23 different countries in the region, the list’s top 10 rankings were dominated by Saudi women. They were followed by eleven Egyptian women, eight Lebanese women, and another eight women from Oman.

The majority of those featured on the top 100 list are self-made businesswomen, all of whom work in a variety of sectors, including finance and banking. Sixteen women on the list founded their own companies.

The eleven Egyptian women introduced in Forbes’ 2020 list are:

#24 Mona Zulficar, Founder and Chairman of the Executive Committee, Zulfiqar & Partners Office, has played a vital role in drafting crucial economic legislation as an advisor to different governmental agencies.

#31 Pakinam Kafafi, CEO of Egyptian energy company TAQA Arabia, oversaw efforts to boost revenues at the oil and gas company, which generated $370 million in 2018.

#33 Elham Mahfouz, CEO of the Commercial Bank of Kuwait, has achieved a net profit of $210 million in 2018, according to Forbes.

#40 Yasmine & Farida Farid Khamis, executive board members of Oriental Weavers Carpets Co.

#53 Hend El Sherbini, heads Integrated Diagnostics Holding, a healthcare company that has branched out in diverse countries across the world, including Egypt, Jordan, Sudan, and Nigeria.

#60 Mervat Zohdy El Sayed Soltan,is the chairperson of the Export Development Bank of Egypt. She oversaw the bank boost its possessions to over $3.2 billion. During the 2019 fiscal year, the bank made $138 million.

#69 Reem Asaad, is the CEO of The Raya Contact Center, a Business Process Outsourcing (BPO) and Contact Center Outsourcing (CCO) Service Provider that serves thousands of clients around the globe, including Forbes’ Global 2000 companies in the Middle East, Europe, Africa and North America.

#75 Hoda Mansour, Managing Director of SAP Egypt.  With Hoda as MD of the company,  SAP has recorded its best performance since its establishment ten years ago, with the company expanding in its cloud business.

#81 Abir Leheta, heads the Egyptian Transport and Commercial Services Company (EGYTRANS), a leader in the logistics sector, where she directs 350 employees across eight branches located in main ports and airports.

#92 Noha El Ghazaly,Under the leadership of Ghazaly, Pharos Holding For Financial Investments raised revenues, creating a new pipeline that exceeds $1 billion in transaction value.

 

 

 

At Egypt’s Top 50 Women Forum Meeting: Institutions call for action on having more women on board

Dr. Hala Al-Saeed:

More women in leading positions stirs higher growth

Egyptian women board representation in banks hits 12%

 

Dr. Mohamed Omran:

FRA ready to qualify women to prosper and lead

FRA to launch a network corporate app to reach more women cadres

 

Dr. Maya Morsy:

We need plans to expand the number of women decision-makers

Women must have influential number of board seats

 

Ms. Dina Abdel Fattah:

Top 50 Forum urges call for action on having more women on board

 

Dr. Moushira Khattab:

Women economic empowerment requires data circulation, new laws, a sustainable development-backed plan

March 2, 2020 – Cairo

The Top 50 Women Forum, the biggest female technocrat platform in Egypt, has on Sunday convened its first enlarged meeting on increasing the number of women on corporate and institution boards.

Titled “Egyptian Women on Boards”, the meeting was held under the patronage of Egypt’s Ministry of Planning, the National Council for Women (NCW), and the Financial Regulatory Authority (FRA).

The meeting also discussed the main obstacles to the advancement and retention of women in leadership roles.

Egyptian Minister of Planning Hala Al-Saeed, FRA chairman Mohammed Omran, and NCW chairperson Maya Morsy, Ambassador Moushira Khattab, Top 50 Women Forum founder Dina Abdel Fattah, and prominent lawyer Mona Zulficar were among the participants in the meeting.

A large number of high-profile officials and CEOs of corporate and economic institutions also participated in the meeting. The participants aimed at creating a comprehensive mobilization, increasing the number of women on boards, amending the rules regulating private sector institutions. They also sought to pursue ways to bring into effect FRA’s decree on the women representation on the boards of bourse-listed companies as well as the non-banking financial institutions.

Minister Hala Al-Saeed said the Egyptian government now believes that women empowerment is not just a matter of improving a social situation or promoting gender equality, but has also become an economic necessity to achieve an inclusive and sustainable growth.

Several studies found that increasing the share of women in the labor market and leadership roles as well as achieving a true gender equality could stir higher economic growth opportunities, Al-Saeed added.

According to a study made by the Arab Monetary Fund, removing gender economic inequality can boost global GDP growth to range between $12 trillion and $28 trillion by 2025, she added.

The Egyptian minister also commended the FRA’s decree, which includes an amendment to the listing and delisting rules on the Egyptian Stock Exchange (EGX). The new amendment aimed at ensuring a better representation of women on boards of the EGX-listed companies as well as the non-banking financial institutions.

Currently, there are 8 female ministers, representing 25% of the Egyptian government, the highest percentage in Egypt’s history that even exceeds the number of female ministers in several developed countries such as the United States, Al-Saeed said.

Egyptian women now have 89 parliament seats, representing a 15% share, compared with only 2% in 2011, she added. In addition, women also hold a 45% share of total public sector jobs in Egypt, higher than the global average percentage of 32%.

In the banking sector, women reported a board representation of 12% in 2019, up from around 10% in 2018, Al-Saeed said. Meanwhile, women have made up 18% of editor-in-chiefs at national newspapers.

About FRA’s decree, Dr. Mohamed Omran said it is the first step in a strategy that aimed at supporting women’s empowerment to have a decision-making power in various economic sectors.

Diversity matters as gender-inclusive corporates can make better and more diverse decisions, Omran noted.

The decree is the first step in pursuit of seeing at least 30% of the EGX-listed companies and their subsidiaries having women board members, FRA chairman added.

The authority has recently appointed around 36 fresh graduates of Egyptian universities, of which two-thirds were women, he said.

Moreover, Omran said the FRA plans to launch a networking mobile application, serving as a liaison between highly qualified women and institutions that are looking to appoint exceptional female cadres in various economic areas.

The new application consists of three divisions that involve: creating a database of nominated highly qualified women, then forming a jury in charge of the selection process, and at last giving the corporates an access to the final database of women cadres, he added.

Omran also praised the Top 50 Women Forum’s first-of-its-kind initiative to expand its empowerment role to include more women from 29 governorates across the country. The forum plans this year to support numerous exceptional female cadres, who have an influential impact in their economic fields.

As such, FRA is willing to give the full support for those women under the Forum’s initiative by providing the needed technical assistance in appreciation of the significant role played by Egyptian women in the labor market, he added.

“This is the golden age for Egypt’s women,” said NCW chairperson Maya Morsy, referring to the generous support given by President Abdel Fattah al-Sisi for women political and economic empowerment.

Women’s economic empowerment needs a clear vision and strategy that starts with reaching a 30% target percentage of women on board representation by 2030, she added.

Morsy suggested that the FRA would issue a yearly list of the top performing women on boards of the EGX-listed companies and non-banking financial institutions, to be released each March, the national women’s history month globally.

This list will make corporates feel proud of the female cadres they have in one hand and boost the honorees’ self-esteem and enthusiasm to achieve more success and inspire others in other hand, she added.

In the same line, Ambassador Moushira Khattab urged the necessity of having gender equality according to the principles of rule of law.

Gender equality in the world of work is a win-win on many fronts, Khattab said, referring to a World Bank study that said Egypt’s gross domestic product (GDP) could soar 32% if gender equality achieved in the labor market. This is in comparison with only 9% in Japan and 5% in the United States.

The study shows the exceptional footprint Egyptian women can make to the national economy if given the needed support, she added.

Moreover, Dina Abdel Fattah said increasing the number of women on boards of companies and institutions could lead to a genuine experience for Egypt’s inclusive development process.

Top 50 Women Forum seeks a call for action on having more women on board and in leadership and decision-making roles, Abdel Fattah added.

“We need to bring into effect the FRA’s decree on increasing the women on board representation, and then build on it by empowering more women in leadership roles to work on achieving the sustainable development goals and improving the economic performance,” she said.

In 2016, Top 50 Women Forum was founded by the inaugural batch of Egypt’s Top 50 most influential women for year 2015 during Amwal Al Ghad Annual Awards Ceremony in January 2016, under the auspices of the Egyptian Prime Minister. It is dedicated towards empowering women to achieve their full social and economic potentials. It also initiates public-private interactive dialogues and programs to foster women’s development and leadership throughout the nation.

 

Dr. Ghada Labib, Deputy Minister of Communications 2020

Ghada Labib holds a Bachelor degree in Electrical Engineering, Electronics and Communications Division, Cairo University in 1992 .. Then, MBA in Business Management in 2012, Labib worked as Head of the North African Group in the “African Organization for Public Administration” since November 2018, and Labib also held the position of Adviser to the Prime Minister for Follow-up and Information Technology, And Assistant Minister of Communications and Information Technology for Institutional Development Affairs between 2013 and 2014, she also worked as an assistant to the Minister of Administrative Development, Director of the State Administrative Reform Program, and Director of the Prime Minister’s Office between 2014 and 2015, and Labib assumed many duties in the “Ministry of Administrative Development” : Technical Office Director between 2005 and 2007, Advisor to the Minister of Administrative Development institutional development, and during that period oversaw the development of plans for capacity building at the level of the administrative organ of the state, and also served as a member of Transparency and Integrity Committee in the ministry.

Nevine Gamea, Minister of Trade and Industry 2020

Nevine Gamea was graduated from the Faculty of Commerce, Cairo University in 1984, began her career at the National Bank for development, then moved to work the Egyptian National Bank “National Bank of Kuwait now”, joined the work in the Social Fund for Development in January 2005, and made the first credit policy to finance small projects In the Social Fund for Development in April 2005, she graduated until she reached the position of head of the central sector for small projects in 2013, then assumed the General Fund Secretariat in November 2016 by a decision of Tariq Kabil, “Minister of Industry and Trade”, after the departure of Suha Suleiman, and also took the position of CEO of the Enterprise Development Authority Small and Medium Enterprises In July 2017, by a ministerial decision as its first director, she participated in drafting the law for developing small and medium projects and developing the national strategy for small projects, chosen by “Forbes” magazine among the most influential leaders in the government, and was chosen several times as one of the most important female figures influencing the national and Arab economy .

Nevine Riad, Minister of Solidarity 2020

Nevine Riad was Born on November 10, Bachelor of Political Science – Faculty of Economics and Political Science, Cairo University – 1987, she held the position of First Minister Assistant of Social Solidarity for Social Protection and Development at the Ministry of Social Solidarity since 2015 until now, the owner and director of the Middle East and North Africa Center for Research and Consulting (MENARC) and planning consultant M&E and President of the Egyptian Network for Research and Evaluation, the first evaluation society in Egypt 2013, director of planning programs, follow-up and evaluation – public policies at UNICEF – Egypt Office. 2007, director of the Children’s Protection Program UNICEF – Egypt Office 2005.

Rania Al-Mashat, Minister of International Cooperation 2020

Rania Al-Mashat was Born on June 20 in Menoufia Governorate. She held the position of “Deputy Governor of the Central Bank for Monetary Policy ” and played an important role in the framework of modernizing monetary policy for Egypt by analyzing and assessing monetary policy and preparing its own models among other responsibilities. She also worked as a senior economist at the International Monetary Fund in Washington before joining the Egyptian Central bank. She also holds a masters and PHD in economics from the University of Maryland in the US, Park College and her area of ​​specialization includes macroeconomic applications, international economics and monetary policy with a number of publications related to these fields. She also held the position of Deputy Project Director at the Center for Institutional Reform and the Informal Sector (IRIS) at the University of Maryland.
In addition of being a member of the Executive Board of the Egyptian Stock Exchange and the Arab Investment Bank, she holds the degree of Professor Assistant of Economics at the American University in Cairo, and the degree of Research Fellow at the Economic Research Forum of Arab Countries, Iran and Turkey. She also works as a reporter in several economic newspapers.