Egypt advances women empowerment policies

The General Authority for Financial Supervision, in cooperation with the United Nations Women, the National Council for Women, the European Union, and the Dutch Embassy, organized a seminar on financial inclusion and sustainable development with the aim of empowering women economically and highlighting the role of financial inclusion in achieving economic growth. The head of the authority indicated that women constitute 53% of beneficiaries of micro-small enterprise financing in Egypt, totaling 1.8 million women, with balances accounting for approximately 45% of the total authorized funding, which reached 74 billion Egyptian pounds. The seminar emphasized the importance of developing the legislative environment, promoting financial literacy, and fostering innovation in the design of financial products to meet the needs of women and youth—especially in remote areas. It also focused on addressing the economic and social challenges facing women and enhancing their contribution to sustainable development through digital initiatives and programs such as "Tahwisha."

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