March 14, 2023
2 mins read

World Bank lauds UAE’s leading position in gender balance

Hamel stressed that the UAE has maintained its advanced position in the latest World Bank report, which monitors the efforts of governments to issue laws aimed at achieving women’s economic empowerment….reports Asian Lite News

Iva Hamel, the World Bank Representative in the UAE, has praised the UAE for being the most progressive country in the Middle East and North Africa in terms of women’s empowerment. She commended the UAE’s commitment to supporting women’s role in the community and increasing their economic opportunities.

In her statement to the Emirates News Agency (WAM), Hamel said that, the UAE has taken unprecedented measures to enhance its position in gender balance in the region, and has become the first country in the Middle East and North Africa to implement parental leave for fathers. The country has also introduced legal provisions to ensure women receive equal pay and to prohibit gender-based discrimination in the workplace.

Hamel stressed that the UAE has maintained its advanced position in the latest World Bank report, which monitors the efforts of governments to issue laws aimed at achieving women’s economic empowerment.

WB lauds UAE’s climate efforts

 Issam Abousleiman, Country Director of the Gulf Cooperation Council (GCC) Countries, Middle East and North Africa at the World Bank, has said that the UAE plays a pivotal role in the global efforts aimed at limiting the repercussions of climate change in the GCC region and the Middle East, pointing out that “COP28” will constitute a new impetus for the global system towards implementing commitments related to solutions to climate change issues.

“The UAE’s hosting of COP28 demonstrates international recognition of the country’s efforts in the field of climate sustainability,” Abu Suleiman said.

Abu Suleiman noted that COP 28 represents a great opportunity to push towards green technology and carbon sequestration investments that will be necessary for the world to achieve net-zero emissions by 2050, as well as being an opportunity to move to an economic path of green growth that would further diversify the economy while making a positive impact on the climate.

He pointed out that the UAE, for more than 30 years, has shown great interest in the issue of climate change, in addition to its commitment to investing in projects aimed at reducing its repercussions.

Abu Suleiman said that the World Bank is the first institution to finance climate-related projects worldwide, as it provided financing worth $31.7 billion last year, noting that the world needs more financing to reach climate neutrality by 2050.

ALSO READ: UAE, Ukraine promoting parliamentary ties

Previous Story

UAE residents can now import medicines, equipment

Next Story

Dialogue is key to Iran-Saudi consensus: Prince Faisal

Latest from -Top News

India-US Trade Deal Likely This Week

The interim trade deal would be an initial step towards a comprehensive bilateral free trade agreement between Indian and the US….reports Asian Lite News India is expected to finalise an interim trade

One Year Later, Hasina’s Son Raises Red Flag

Hasina’s abrupt exit last August after violent student protests was widely seen as a blow to democracy in the Muslim-majority nation of 170 million….reports Asian Lite News Sajeeb Wazed, son of former

Global South Finds Its Campus in India

The question is no longer if India can attract global talent, but whether it can build the conditions to do so at scale—with care and vision. Done right, India could emerge as

Jaishankar Gets Real on India-US Ties

The EAM underlined the structural drivers of the bilateral relationship, saying, “The trend line over the last 25 years has actually been very strong….reports Asian Lite News External Affairs Minister S. Jaishankar

Trump Ends Syria Sanctions

Syria has been designated a State Sponsor of Terrorism by the United States since December 1979…reports Asian Lite News US President Donald Trump signed an executive order terminating Syria sanctions, according to
Go toTop

Don't Miss

UAE Floating Hospital Receives Wounded Palestinians

The hospital has a capacity of 100 beds, operating rooms,

Dubai races into the future

H.H. Sheikh Hamdan bin Mohammed launches third phase of Dubai