Qalaa Holdings’ Ghada Hammouda Named in Egyptian Women Forum’s Inaugural Winners List

Qalaa Holdings’ Chief Marketing and Sustainability Officer, Ghada Hammouda, was among 30 women celebrated during the first edition of the Egyptian Women Forum for her successful contributions to business and society

Qalaa Holdings (CCAP.CA on the Egyptian Stock Exchange), an African leader in energy and infrastructure, is proud to announce that Ghada Hammouda, Chief Marketing and Sustainability Officer, was among an illustrious group of 30 women celebrated during the Egyptian Women Forum’s inaugural awards. Hammouda was recognized for her success in the financial and sustainability sectors and her commitment to mentoring Egyptian women and building a pipeline of female business leaders, thereby paving the way for Egypt’s economy to flourish through inclusive growth.

“I am honored to have been recognized for this prestigious award that celebrates the success of Egyptian women from all walks of life, professionals from every industry, and leaders that are shaping Egypt’s economic growth,” said Hammouda. “I am also grateful to have been counted among such an exceptional group of women who have not only excelled in their respective fields but are also advocates for gender equality in the workforce and are thus driving forward Egypt’s sustainable future.”

The forum, which was held on Saturday September 28th at the Semiramis Intercontinental Hotel in the presence of over 500 business leaders, seeks to serve as a platform to promote the empowerment of Egyptian women as they become leaders not only in the workplace, but in the communities in which they live. The forum also featured five panel sessions led by women from a variety of professional backgrounds to showcase their success stories.

Hammouda participated in an opening panel entitled “Women Empowerment: Opportunities and Challenges” where she spoke about empowering women, removing barriers to participation in the labor market and creating an environment in which they can thrive and unleash their full potential to pursue successful careers and contribute to the economic prosperity of their families and their country. “Enabling women to pursue healthy and productive lives and to have equal representation in all fields is key to achieving sustainable economic growth and fulfilling Egypt’s 2030 Vision,” added Hammouda.

“Egyptian women have made significant strides in recent years in all fields, public and private, coming to positions of leadership and playing key roles in Egypt’s economy. However, we still have a long way to go,” added Hammouda. “Today, women represent nearly half of the country’s college graduates yet only 23% of women participate in the labor force and very few reach the upper echelons of the corporate world. I’m pleased to be part of a company that recognized early on the importance and value of having women hold seats on boards and occupy senior positions.”

Quoting recent studies that prove the positive returns that can be achieved when women are given greater opportunities, Hammouda added, “IFC research has shown that improving gender parity by 25% would increase global GDP by $5.3 trillion dollars. Additionally, a 2018 report on the impact of women serving on boards in Egypt has proven that organizations with gender-diverse boards outperform those with all-male boards across all indicators of capital structure and solvency.”

As part of Hammouda’s commitment to empowering Egyptian women and the instrumental role Qalaa Holdings seeks to play in transforming the Egyptian workplace for women, Hammouda will also participate in a panel discussion on ‘Public Relations and Sustainable Development’ at Misr University for Science & Technology’s College of Media and Mass Communications, which will be held on October 9th. The panel aims to shed light on the role of private institutions in addressing the UN’s 17 Sustainable Development Goals (SDGs) and promoting the sustainable development of Egypt’s economy.

Hammouda is an active champion of women’s issues in Egypt. She has also worked tirelessly in the field of sustainable development and has been a vocal advocate for the SDGs within the Egyptian business community and Africa. In 2016, Hammouda was chosen among Egypt’s 50 Most Influential Women and has played an active role in bolstering gender equality through her ardent work in Egypt’s sustainable development space.

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Qalaa Holdings (CCAP.CA on the Egyptian Stock Exchange) is an African leader in energy and infrastructure. Formerly known as Citadel Capital, Qalaa Holdings controls subsidiaries in industries including Energy, Cement, Agrifoods, Transportation & Logistics, Mining, and Printing & Packaging. To learn more, please visit qalaaholdings.com.

Forward-Looking Statements
Statements contained in this News Release that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of Qalaa Holdings. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Certain information contained herein constitutes “targets” or “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “seek,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue” or “believe” or the negatives thereof or other variations thereon or comparable terminology. Actual events or results or the actual performance of Qalaa Holdings may differ materially from those reflected or contemplated in such targets or forward-looking statements. The performance of Qalaa Holdings is subject to risks and uncertainties.

For more information, please contact:
Ms. Ghada Hammouda
Chief Marketing and Sustainability Officer
Qalaa Holdings (S.A.E.)

ghammouda@qalaaholdings.com

Tel: +20 2 2791-4439
Fax: +20 22 791-4448
Mobile: +20 106 662-0002
Twitter: @qalaaholdings