Dubai, UAE; February 1, 2020: Global Women’s Forum Dubai (GWFD) 2020 has announced the International Monetary Fund (IMF) as Global Knowledge Partner of the second edition of the event, which will take place on 16 – 17 February, 2020 at Madinat Jumeirah.
GWFD 2020 is organised by Dubai Women Establishment (DWE) under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. It engages international leaders and gender experts to influence policies and foster partnerships to further women’s positive impact for a better future for all. DWE aims to contribute to achieving the vision of the UAE’s wise leadership to increase the socio-economic participation of women, and their active contribution to the country’s growth and prosperity.
The partnership with the IMF will spearhead positive dialogue on best practices related to global gender-friendly policies through several high-level interactive workshops and speaking engagements, which aim to further enhance women’s contributions across a variety of sectors and fields.
Her Excellency Mona Ghanem Al Marri, Chairperson of the Board of Directors of DWE, stated: “This partnership reflects the longstanding commitment of Her Highness Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance Council, President of Dubai Women Establishment and wife of His Highness Sheikh Mansour bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Presidential Affairs, to fortify international cooperation with global organisations that offer specialist expertise in advancing women’s causes and socio-economic participation.”
H.E. also stated that the UAE’s unwavering support for women is a testament to the prioritisation of their active socio-economic contribution on a national level, as highlighted in the UAE Vision 2021. It also aims to elevate the representation of women in decision-making positions – both in the public and private sectors. Events such as GWFD 2020 are essential to develop strategic partnerships of this calibre.
H.E. added: “While several of the United Nations’ Sustainable Development Goals (SDGs) 2030 overlap with objectives of Global Women’s Forum Dubai – particularly SDG 5 on Gender Equality – the Forum aims to make significant headway related to SDG 17: Partnership for the Goals. This SDG highlights the necessity of strengthening and revitalising global partnerships for sustainable development. Apart from facilitating the exchange of knowledge and international best practices, these partnerships will highlight the UAE’s successful gender-friendly initiatives, and amplify how it engages women on multiple levels.”
H.E. stated that given the 2020 Forum’s theme of ‘The Power of Influence’ in areas such as government, economy, society and future, the IMF offers the ideal context and expertise needed to set in motion the progress required for a more inclusive future.
Kristalina Georgieva, Managing Director of the IMF, said: “Gender inequality remains widespread across countries and regions. IMF research shows that countries cannot fully prosper without tapping into all its talent. When we share knowledge, best practices and expertise at Global Women’s Forum Dubai 2020, we highlight the important role women can play in transforming entire economies across the globe. Women’s economic empowerment is macro-critical in many countries. It promotes growth, stability, inclusion, economic resilience, and reduces poverty.”
The IMF is an organisation with 189 member countries, working to foster financial stability, facilitate international trade, promote high employment and advance sustainable economic growth around the world.
Dubai Electricity and Water Authority (DEWA) was formed on 1 January, 1992, by a decree issued by the late Sheikh Maktoum bin Rashid Al Maktoum to merge Dubai Electricity Company and Dubai Water Department, which had been operating independently before then. Both organisations were established by the late Sheikh Rashid bin Saeed Al Maktoum in 1959. Dubai Government fully supported the Electricity Company and the Water Department to provide Dubai’s citizens and residents with a continuous and reliable supply of electricity and water. Since then, DEWA has made considerable achievements, to be ranked as one of the best utilities in the world. DEWA provides services today to more than 900,000 customers with a happiness rate that reached 95% in 2018.
The UAE, represented by Dubai Electricity and Water Authority (DEWA), has maintained its first global ranking, for the third consecutive year, with scores of 100% in all Getting Electricity indicators in the World Bank’s Doing Business 2020 report. The report measures the ease of doing business in 190 economies around the world. DEWA achieved competitive results in global benchmarking, surpassing the private sector and major European and American utilities in efficiency and reliability. DEWA raised the efficiency of its energy production by using the latest technologies and adopting technological innovations, surpassing European and American utilities, by reducing losses from electricity transmission and distribution networks to 3.3% compared to 6–7% in the US and Europe. DEWA also achieved the lowest customer minutes lost per year (CML) in the world of 2.39 CML compared to 15 minutes in Europe and was also able to reduce water network losses to 6.5% in 2018 compared to 15% in North America, which is one of the best results in the world.