AMMAN, 24 June 2004 — Businesswomen from 12 Arab countries opened a regional conference in Jordan yesterday to explore their chances for success in the business world and how to surmount challenges in the new age of technology.
The all-women meeting entitled “The Current Status of Investment and Marketing for the Arab Businesswomen in the Age of Technology”, will identify the real challenges behind the low female participation in business, pinpoint the best practices in marketing and investment and come up with realistic recommendations to overcome difficulties, organizers said.
“Our participation in the conference comes in line with our understanding of the great responsibility women shoulder in development and their significant role in building a modern state,” said Sheikha Hessah Al-Sabah, President of the Council of Arab Businesswomen (CABW).
“The stereotype picture of women’s limitations is starting to change,” she told conferees from Jordan, Saudi Arabia, Kuwait, United Arab Emirates, Syria, Palestine, Lebanon, Egypt, Bahrain, Tunisia, Morocco and Sudan.
Meanwhile, Jordan’s Finance Minister Mohammad Abu Hammour yesterday confirmed that his government was selling part of the Kuwaiti oil grant on the world market, because Kuwaiti crude was of the heavy category that cannot be refined at Jordan’s sole refinery.
“The proceeds of the sale of any oil shipment extended to Jordan is being transferred to the Central Bank of Jordan (CBJ), which in turn channels the revenue to the state’s treasury,” Abu Hammour was quoted as saying by the official news agency, Petra.