(MENAFN - The Peninsula) UAE-based conglomerate Crescent Enterprises has partnered with the Cherie Blair Foundation for Women to empower, mentor and support female entrepreneurs in a number of countries across the Middle East.
As part of the cooperation agreement, select senior female employees of Crescent Enterprises will provide their professional expertise and guidance to the Foundation's "Mentoring Women in Business" programme for one year beginning in May via a unique online mentoring platform.
According to World Bank figures, women make up half of university attendees in the Mena region, but only 21 per cent of the workforce, and control only 22 per cent of its wealth. Crescent Enterprises is seeking to raise this figure through its work with the Cherie Blair Foundation for Women by providing sustainable solutions to the challenges female entrepreneurs face, and through mentorship helping to accelerate the strides these women are making.
"We are proud to share the Cherie Blair Foundation's vision of a world where women have equal opportunities to succeed in business, which means proper access to the resources, mentorship and guidance necessary for long-term sustainable success." said Badr Jafar, CEO of Crescent Enterprises. "We will continue to offer our time and expertise to a programme like this," he said.