President Abdel-Fattah El-Sisi entrusted the government and the National Council for Women with establishing the Egyptian Women’s Museum in the new administrative capital (NAC).
According to the president, the museum’s mission is to preserve Egyptian women’s heritage and document their empowerment throughout ancient and modern history.
El-Sisi announced new directions for empowering women during Thursday’s Egyptian Women’s and Mother’s Day commemoration ceremony.
He stated that Egyptian women have always been crucial to the security and stability of society and the nation and an essential source of continuous giving.
In addition, the president directed that gender equality standards be reviewed and used to provide equitable access to financial services.
Furthermore, he advocated for the expansion of the Care Economy as a viable source of employment for women, creating new job opportunities and allowing them to combine their productive and social duties.
The president also directed that women be given finance to start small and medium-sized businesses with minimal limitations and guarantees. He also emphasized the importance of raising financial awareness regarding inclusion initiatives for women in rural and isolated communities.
El-Sisi also stated that women should be given technical assistance to start their own businesses. He further directed the expansion of incubators for small and micro firms.
Moreover, the president underlined the need to strengthen the digital economy, which allows for professional recognition and helps women participate effectively in economic activities.
El-Sisi also emphasized the importance of developing women’s abilities in marketable areas, as well as technology and digitization, to assist them in finding work in the future.
Egyptian Minister of Planning and Economic Development Hala El-Said declared during the ceremony that by the end of 2023, the funding given to women to start small and micro-enterprises will total EGP 88 billion, benefiting 5 million women.
The minister added that women’s representation on boards of directors in the Egyptian Stock Exchange, banking industry, and non-banking financial sector has risen from 19% last year to 23% this year.
She noted that the goal is to reach a 30% representation by 2030.
Egypt has made considerable strides in empowering women and addressing their concerns in recent years.
Since 2014, women have been more prominent in parliament and diplomacy, with several female judges and prosecutors nominated to the State Council and the Public Prosecution.
