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$ 50 million for the Entrepreneurial Finance Initiative

Media In – Abu Dhabi February 15, 2018
The UAE hosted the second meeting of the Board of Trustees of the Entrepreneurial Finance Initiative on the sidelines of the 6th Government Summit hosted by Dubai recently, with the participation and participation of the founding group of countries, the World Bank and a large number of specialists.
The meeting, organized by the Ministry of Foreign Affairs and International Cooperation in cooperation with the World Bank, discussed a number of key issues on the current status of the initiative to support and empower women and regulatory actions to approve funding requests from implementing partners and future steps to support the implementation of the initiative Developing countries .
Reem Bin Ibrahim Al Hashemi, Minister of State for International Cooperation, affirmed the UAE’s strategic and continuous commitment to support the economic empowerment of women as a key factor in the success of the economy in countries, especially the empowerment of women and girls. 2021 ..
The UAE has pledged $ 50 million over the next five years and has raised more than $ 340 million in commitments from 14 of its founding donors – the United Arab Emirates, Saudi Arabia, the United States, Germany, Japan, Australia, Canada, China, Denmark, the Netherlands, Norway, Russia, South Korea and the United Kingdom.

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