Women entrepreneurs key to inclusive economic growth

Women entrepreneurs key to inclusive economic growth

- The UAE and Saudi Arabia lead GCC in women entrepreneurship

- Kuwait, Oman and Bahrain have also incorporated women-focused initiatives in their future development plans and vision

- GCC could add as much as $812 billion to their GDP in next three years by achieving a holistic gender parity in the region

- Tech-based startups are the most represented sectors by women entrepreneurs

- GCC governments have been focusing on creating a stronger ecosystem around women entrepreneurs

Dubai: – Women across the GCC are finding new and creative ways to overcome barriers to entering the workforce or beginning their own ventures, says a report.

The study – GCC Women Entrepreneurship – highlights women efforts to set up their businesses in the region despite several challenges such as the gender gap and structural disadvantages in fundraising and investment activities.

“Today, women entrepreneurs are key to inclusive economic growth, led by the UAE and Saudi Arabia. The region has been witnessing a change in recent years as countries are pushing ahead with gender neutrality measures as part of their national strategy to achieve sustainable growth for society,” according to the report launched by Dash Venture Labs.

Kuwait, Oman and Bahrain have also incorporated women-focused initiatives in their future development