UAE allocates $5mn to support women exporters in digital economy

  • Date: 26-Feb-2024
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
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UAE allocates $5mn to support women exporters in digital economy

UAE Minister of State for Foreign Trade and Chair of the 13th WTO Ministerial Conference 2024, Dr. Thani bin Ahmed Al Zeyoudi announced that the Emirates has allocated $5 million to a $50 million fund launched ahead of the conference to help female entrepreneurs in developing countries to export more using the opportunities offered by […]UAE Minister of State for Foreign Trade and Chair of the 13th WTO Ministerial Conference 2024, Dr. Thani bin Ahmed Al Zeyoudi announced that the Emirates has allocated $5 million to a $50 million fund launched ahead of the conference to help female entrepreneurs in developing countries to export more using the opportunities offered by the digital economy.

“The WTO’s Women Exporters In Digital Economy Fund allows us to celebrate the invaluable contribution of women entrepreneurs and women-led businesses around the world and to recognize the critical role they play in driving economic growth,” the UAE minister said.

Ahead of the WTO’s 13th ministerial conference taking place from 26 to 29 February 2024 in the UAE, Director-General Ngozi Okonjo-Iweala unveiled a groundbreaking $50 million initiative to empower female entrepreneurs in developing countries.

The new fund aims to unlock the power of the digital economy, helping women exporters overcome