In honor of International Women’s Day, Organon Egypt, a global healthcare company with a focus on improving the health of women, and Momken for Her, a startup focusing on entry and reentry into the workforce of women over the age of 30, signed a Letter of Intent aiming to enhance women’s empowerment and advancement in a variety of sectors.
Signing the LOI were Dr. Tarek Abou El Einein, the Country Lead at Organon Egypt, and Abeer El Leithy, Co-Founder at Momken for Her. Following the signing, a panel discussion took place to discuss investments in sectors related to women’s empowerment, including education, economy, and health. The panel featured distinguished guests, including Nadia Gamal Eldin, founder and CEO of Rahet Bally Co, Yasmin Medhat, founder of Bazarna Society, as well as Basmah Osman, Managing Partner at Fekrkhan (ElleKhan Division). The discussion also shed light on how investing in women’s health, education, and employment could raise the quality of services women receive.
During the panel discussion, the success stories of several prominent female entrepreneurs in various sectors were presented as inspiring examples. These stories served as an inspiration to encourage investment in projects that cater to the needs of women, as many such businesses have not received the necessary funds despite the significant growth of investments in health in the Middle East and North Africa region. In fact, globally, only 1% of healthcare research and innovation is invested in conditions unique to women, according to a 2020 study.
The signing of the agreement was attended by Dr. Nadia Jamal El-Din, founder and CEO of the “Rahat Bali” platform, Yasmine Medhat, founder of Bazarna, and Basma Othman, managing partner of the Khan project.