Boursa Kuwait and Playbook Host Event to Empower Women in Finance

27/08/2024

Kuwait City, August 27: Boursa Kuwait is planning to sponsor and host “Women & Prosperity”, an exclusive event that aims to empower women and strengthen their presence in finance and investment, on Tuesday, September 17, 2024, at its premises. The event, which is done in collaboration with Playbook, the leading edtech platform for women in leadership positions, is designed to equip female leaders with advanced investment strategies, financial acumen, and mindfulness principles as well as providing a platform for women to navigate complex financial landscapes, learn from industry experts, and engage in meaningful discussions.

“Women & Prosperity” adopts a comprehensive ‘learn-do-collaborate’ approach, fostering an environment where female leaders can gain actionable insights, engage in hands-on activities, and collaborate on initiatives that drive impactful change. The initiative includes workshops, keynote sessions, and interactive panels led by renowned experts in finance and investment.

In 2023, Boursa Kuwait was recognized for its exceptional contribution to female empowerment, reflecting its commitment to gender diversity and inclusion within capital markets. Over the past few years, the company has implemented various initiatives aimed at supporting and promoting the role of women in the financial sector, including targeted training programs, mentorship opportunities, and policies that encourage female participation at all levels of the organization.

Its efforts are part of a broader strategy to foster a more inclusive workplace and empower women to take on leadership roles, advocating for gender equality, providing platforms for women to excel and contributing to the socio-economic development of the region.

Boursa Kuwait Board member Mrs. Dalal Jafaar Behbehani expressed her enthusiasm for this initiative, saying, "Boursa Kuwait is proud to partner with Playbook, sponsoring and hosting the 'Women & Prosperity' initiative and reinforcing our commitment to gender diversity and inclusion in capital markets and the private sector. The bourse seeks to contribute to socio-economic development by promoting the vital role of women in finance. In recent years, we have organized numerous programs and events to empower women financially and support their advancement in capital markets and the broader financial sector, aligning with our Corporate Sustainability strategy and Boursa Kuwait’s mission and vision."

Playbook is an edutainment platform with a mission to bridge the global gender gap and get more women into leadership roles through access to a diverse digital academy of masterclasses led by game-changing women leaders with future AI Technology integration and an engaged professional learning community. The platform offers solutions for both the public and private sectors to adapt to the increase of opportunities for women, allowing them to reverse-engineer their playbook to success and share valuable takeaways with members that are actionable in their own personal and professional lives.

Founder and CEO of Playbook Wafa AlObaidat highlighted the event's significance, saying: “Playbook’s partnership with Boursa Kuwait aligns perfectly with its mission to accelerate women’s leadership and financial inclusion. The Kuwaiti exchange is a role model for women’s empowerment, as it was the first exchange in the GCC to ring the bell for this noble cause and one of the standout companies in the financial services sector in terms of initiatives in that regard.”

She added, “Boursa Kuwait’s sponsorship of ‘Women & Prosperity’, an initiative aimed at mastering strategic investments and equipping female executives with the tools for future growth, is an indication of the company’s commitment to gender equality and its belief that investing in women’s professional development is of paramount importance. I would like to thank the Kuwaiti stock exchange for their support and sponsorship of our initiative.”

Boursa Kuwait’s sponsorship of this initiative is aligned with the company’s Corporate Sustainability strategy, which stipulates ensuring initiatives apply and fall in line with the company’s corporate social responsibility (CSR), industry best practice standards and investor expectations, creating strong and sustainable partnerships that ultimately achieve success and allow Boursa Kuwait to leverage the capabilities and strengths of other companies or organizations that have experience in different fields, and integrating sustainability efforts with the company culture, in order to achieve longevity and an ongoing impact that is carried on and instilled in the day-to-day operations of the stock exchange.

As part of the strategy, Boursa Kuwait has launched many initiatives in partnership with local and international organizations, focusing on support for nongovernmental organizations and charity programs, financial literacy and capital market awareness, the empowerment of women, as well as environmental protection.

Boursa Kuwait continues to pave the way for sustainable growth and exemplify the power of responsible business practices as a trusted and respected entity within the global financial community. Through its unwavering dedication, Boursa Kuwait plays a crucial role in shaping a brighter and more sustainable future for Kuwait and beyond.