Search Site

Trends banner

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

Address needs of women entrepreneurs: DG WTO at MC12

Nigerian Director General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, speaks at the opening ceremony of the 12th Ministerial Conference (MC12). AFP
  • Unlocking trade for women's empowerment and sustainable development is not just the right thing to do, Okonjo-Iweala said
  • A strong and effective WTO is critical for these women, which is one more reason why delivering results at MC12 this week is so important, she added

World Trade Organisation members must step up work to ensure that trade and trade rules better serve women amid disruptions posed by multiple crises, Director-General Ngozi Okonjo-Iweala said at the WTO-International Trade Centre (ITC) joint event titled “Unlocking Trade for Women’s Empowerment and Sustainable Development” held on 12 June, the first day of the 12th Ministerial Conference (MC12).

The event spotlighted perspectives from entrepreneurs and enabling organisations to effectively increase women’s participation in international trade.

“We need to deepen and diversify supply networks and bring more countries and communities from the economic margins to the mainstream. In this process, which I think of as re-globalisation, women have to be at the centre,” Okonjo-Iweala said in her opening remarks at the event.

“Unlocking trade for women’s empowerment and sustainable development is not just the right thing to do. It’s an economic issue. It’s a social issue. It is the key issue,” she said, noting potential increases in global output, wages and employment when the gender divide is addressed.

“A strong and effective WTO is critical for these women, which is one more reason why delivering results at MC12 this week is so important,” DG Okonjo-Iweala said. “We want to make sure that people know that the WTO is about people. It’s not only about rules – it’s about rules that help people,” she said.