Talks Kick Off in Morocco Over Women's Economic Empowerment

Women listen to a master life coach during a counseling session at Araafa center in Sale, Morocco June 1, 2019. REUTERS/Youssef Boudlal
Women listen to a master life coach during a counseling session at Araafa center in Sale, Morocco June 1, 2019. REUTERS/Youssef Boudlal
TT

Talks Kick Off in Morocco Over Women's Economic Empowerment

Women listen to a master life coach during a counseling session at Araafa center in Sale, Morocco June 1, 2019. REUTERS/Youssef Boudlal
Women listen to a master life coach during a counseling session at Araafa center in Sale, Morocco June 1, 2019. REUTERS/Youssef Boudlal

The Moroccan Ministry of Solidarity, Social Development, Equality, and the Family launched Monday extensive consultations on the national program to empower women economically by 2030.

This comes under the framework of a meeting organized by the technical committee in Rabat on Monday to follow up with the government equality plan “Ikram 2” covering 2017-2021.

The project aims to boost women's opportunities and enable them economically by issuing a strategic study on women's economic empowerment.

This can also be achieved by developing women's expertise in key vocational fields with prioritizing regional implementation.

According to the statement, the meeting falls under a series of talks and workshops that will be organized by the ministry between Feb. 25 and Feb 28. 2020 with key players in government sectors, national and international institutions, research centers, and civil community associations to address the national program.



Abu Dhabi's MAIR Group to List in Abu Dhabi Next Month

Abu Dhabi's MAIR Group to List in Abu Dhabi Next Month
TT

Abu Dhabi's MAIR Group to List in Abu Dhabi Next Month

Abu Dhabi's MAIR Group to List in Abu Dhabi Next Month

Abu Dhabi-based MAIR Group, an investment firm active in sectors including food retail and commercial real estate, said on Thursday it would list on the local bourse next month.

The company, which operates over 100 stores in the United Arab Emirates (UAE) under the ADCOOP and SPAR brands, said in a statement the listing on the Abu Dhabi securities exchange (ADX) would take place on Dec. 9.

It did not disclose the amount of stock shareholders and employees plan to sell through the so-called direct listing, which takes place when a company offers shares to the public without going through a bank-backed initial public offering, Reuters reported.

As MAIR prepares to list "we are ready to amplify our impact, strengthen our foundations, and invite stakeholders to join our journey," Managing Director and CEO Nehayan Al Ameri said.

MAIR, which also manages more than 12 shopping centers through its commercial real estate division, booked revenues of 1.2 billion dirhams ($326.7 million) in the first half of 2024.

Last year, it distributed 135 million dirhams in dividends, equal to 12.11% of the share capital, to its over 12,000 shareholders.