Media ININ Economy We Trust
Media IN Dubai 21st-06-2019
The United Arab Emirates participated in the Indian Ocean Rim Association (IORA)’s biggest trade event of the year entitled, “Modernising Trade in the Indian Ocean Rim Conference” which concluded today in Durban, South Africa.
The three-day conference gathered more than 100 delegates from IORA Member States, comprising of government officials and the business community.
The Director of the Trade Promotion Department at the Ministry of Economy, highlighted the initiatives taken by the UAE to provide investors with a robust business-friendly environment, noting that the UAE economy grew by 1.7 percent at constant prices in 2018 compared to the previous year.
The Director further noted that the UAE sets a model to be copied for women’s empowerment across various fields, with women playing a significant role in fueling the country’s economic development drive.
He also underlined the importance the UAE is attaching to gender equality, citing the Gender Balance Council established to enhance women’s role in the development drive.
It’s worth mentioning that MoFAIC, in collaboration with the General Secretariat of IORA, organised in Abu Dhabi on December 10-11 2018 a workshop on financial inclusion for women entrepreneurs. The two-day workshop brought together the private sector, government civil society and women entrepreneurs from IORA’s 22 Member States and nine Dialogue Partner
