Ivanka Trump has started a fund for women entrepreneurs in the Middle East. The fund will be backed by $100 million from Saudi Arabia and the United Arab Emirates.
The Wall Street Journal reported that the World Bank’s Women Entrepreneurs Fund is designed to help women in the Muslim-majority countries start their own businesses.
Speaking with Saudi businesswomen during the president’s first foreign trip, Ivanka learned firsthand about the challenges facing females in the Middle East.
Human rights in Saudi Arabia are not the same as they are in America. According to the State Department, citizens are not able to choose their government, and they suffer from restrictions on universal rights, including freedom of expression, freedoms of assembly, association, movement, and religion.
Women in the Middle East do not enjoy the equal rights of men; they are not allowed to drive cars and must have permission from a male guardian to travel in public. When they are in public, women are expected to cover themselves from head to toe.
The $100M investment is leading some media outlets to call Trump a hypocrite. They point out that while campaigning to become president, Trump criticized Hillary Clinton and her Clinton Foundation for accepting donations from Saudi Arabia. Back in June 2016, he posted the following on Facebook: “Saudi Arabia and many of the countries that gave vast amounts of money to the Clinton Foundation want women as slaves and to kill gays. Hillary must return all money from such countries!” Smarter minds realize that the $100M investment is to help woman break through in new ways.
Ivanka is expected to announce her new project and the $100 million pledge from Saudi Arabia and the UAE at an event on Sunday.
If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.
Egyptian president: Trump pulls off the impossible