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Swiss Garments Company achieves Gender Equity Seal
02
Nov '09
Swiss Garments Company, a subsidiary of Al Arafa for Investment & Consultancies, has merited the "Gender Equity Seal". The seal is a designation that attests to a company's commitment to the promotion of policies for gender equality.

Swiss Garments Company, a subsidiary of Al Arafa for Investment & Consultancies, was one of ten Egyptian champions that have voluntary participated in the Ministry of Investment, World Bank and UNIFEM's initiative "One Business Community...Equal Opportunity". The initiative is intended to encourage companies to adopt internal policies to promote gender equality. Major challenges addressed by the program include wage differentials and time use inequalities between men and women, and low participation of women in positions of leadership.

The economic participation of women—their presence in the workforce in quantitative terms—is important not only for lowering the disproportionate levels of poverty among women, but also as an important step toward raising household income and encouraging economic development in countries as a whole. We at Al Arafa believe that empowering women and achieving gender equality are key to driving economies and reducing feminized poverty. The groups Apparel & Tailoring companies in Egypt Employ over 6,800 workers, of which 46% are female, a figure that is well above the national average female labor participation rate of 22%.

Al Arafa, as a group is proud to announce that Swiss Garments Company has obtained the Gender Equity Seal with a grade of (90%) valid for the years 2009-2011.

Arafa Holding

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