{"id":648656,"date":"2017-04-09T04:01:23","date_gmt":"2017-04-09T04:01:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/egypts-gdp-could-grow-by-34-if-gender-gaps-are-closed-ifc\/"},"modified":"2017-04-09T04:01:23","modified_gmt":"2017-04-09T04:01:23","slug":"egypts-gdp-could-grow-by-34-if-gender-gaps-are-closed-ifc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/egypts-gdp-could-grow-by-34-if-gender-gaps-are-closed-ifc\/","title":{"rendered":"Egypt\u2019s GDP could grow by 34% if gender gaps are closed -IFC"},"content":{"rendered":"

<\/a> \u201cBanks that lend to women-owned SMEs could tap into a currently unserved credit <\/strong>market worth USD 283 mn,\u201d<\/strong> said Nada Shousha, IFC Senior Advisor in Egypt, at a roundtable discussion. \u201cIn Egypt, women represent just 12% of permanent full-time workers and 30% of business owners. Only 7 percent of Egypt\u2019s firms are led by a female executive, and they earn, on average, about 22% less than their male counterparts. If Egypt closed these gaps and achieved full gender parity in its labor market, it could see its gross domestic product increase by 34%.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cBanks that lend to women-owned SMEs could tap into a currently unserved credit market worth USD 283 mn,\u201d said Nada Shousha, IFC Senior Advisor in Egypt, at a roundtable discussion. \u201cIn Egypt, women represent just 12% of permanent full-time workers and 30% of business owners. Only 7 percent of Egypt\u2019s firms are led by a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648656","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"0a7e3f3f-133b-47af-8bb2-a649cabb6eb3","order":"0","is_powered_by":true,"section_story_id":"c46d8561-a027-4f8b-98b9-bf5be6aa2f26","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648638],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s GDP could grow by 34% if gender gaps are closed -IFC - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/egypts-gdp-could-grow-by-34-if-gender-gaps-are-closed-ifc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s GDP could grow by 34% if gender gaps are closed -IFC\" \/>\n<meta property=\"og:description\" content=\"\u201cBanks that lend to women-owned SMEs could tap into a currently unserved credit market worth USD 283 mn,\u201d said Nada Shousha, IFC Senior Advisor in Egypt, at a roundtable discussion. \u201cIn Egypt, women represent just 12% of permanent full-time workers and 30% of business owners. Only 7 percent of Egypt\u2019s firms are led by a […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/egypts-gdp-could-grow-by-34-if-gender-gaps-are-closed-ifc\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-09T04:01:23+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/egypts-gdp-could-grow-by-34-if-gender-gaps-are-closed-ifc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/egypts-gdp-could-grow-by-34-if-gender-gaps-are-closed-ifc\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s GDP could grow by 34% if gender gaps are closed -IFC\",\"datePublished\":\"2017-04-09T04:01:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/egypts-gdp-could-grow-by-34-if-gender-gaps-are-closed-ifc\/\"},\"wordCount\":100,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/egypts-gdp-could-grow-by-34-if-gender-gaps-are-closed-ifc\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/egypts-gdp-could-grow-by-34-if-gender-gaps-are-closed-ifc\/\",\"name\":\"Egypt\u2019s GDP could grow by 34% if gender gaps are closed -IFC - 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Holding (MIH) has signed an agreement with the International Finance Corporation (IFC) that\u2019s expected to open up more posts for women at the state-owned non-bank lender, the company said in an emailed statement. Under the agreement, an IFC advisory team will work with MIH \u201cto identify the gaps\u2026","rel":"","context":"In "GENDER"","block_context":{"text":"GENDER","link":"https:\/\/enterpriseam.com\/egypt\/category\/gender\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638972,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/18\/ifc-signs-agreement-with-seco-to-increase-access-to-financial-services-for-mena-women\/","url_meta":{"origin":648656,"position":4},"title":"IFC signs agreement with SECO to increase access to financial services for MENA women","author":"enterpriseam admin","date":"18 October 2017","format":false,"excerpt":"The IFC signed an agreement with the Swiss Secretariat for Economic Affairs (SECO) to boost access to financial services for women in the Middle East and North Africa, to help close the economic gender gap and support growth and jobs. SECO will provide up to USD 5 mn IFC Advisory\u2019s\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567564,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/egyptian-businesses-are-lagging-behind-the-rest-of-the-world-when-it-comes-to-gender-diversity-in-the-boardroom\/","url_meta":{"origin":648656,"position":5},"title":"Egyptian businesses are lagging behind the rest of the world when it comes to gender diversity in the boardroom","author":"enterpriseam admin","date":"27 January 2020","format":false,"excerpt":"Egyptian businesses are lagging behind the rest of the world when it comes to gender diversity in the boardroom, according to research by the International Finance Corporation (IFC). 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