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4IR is key to opportunities for women in MENA, McKinsey reports

Feb, 19, 2023 Hi-network.com

During the Global Women's Forum on 16-17 February 2020 in Dubai, McKinsey unveiled the findings of its recent publication Middle East Women at Work which underscored the role of gender parity in the fourth industrial revolution (4IR). According to the report, enterprises owned or partially owned by women generate 2.5 times the return of others. Women representation in professional and technical jobs are mostly driven by education, digital inclusion, financial inclusion, and legal protection. 'We must create more role models for young girls by choosing study fields that offer more digital skills. Also, 69 million women in MENA are still not using the internet, and many women in the region remain unbanked, often as a result of not having identification documents,' noted McKinsey & Company partner Chiara Marcati.

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