Forbes ranks Lubna most powerful Arab woman

Magazine pust her at 70th on overall list of most powerful women

Sheikha Lubna Al Qasimi, UAE Minister of Foreign Trade, has been recognised as the most powerful Arab woman and the 70th most powerful woman in the world by US-based Forbes magazine in its 2010 World's 100 Most Powerful Women.

Forbes ranks Sheikha Lubna as most powerful Arab woman

 

According to Forbes, Sheikha Lubna is "a regional power in her own right" and constantly works on improving the UAE's global status and bolstering the federal government's efforts to diversify the country's economy and her persistent calls for a trade policy that is based on openness and competitiveness helped put the UAE on the road to economic recovery and development.

Sheikha Lubna is the first woman to hold a cabinet position in the UAE: former minister of economy and current minister of trade, having already run a successful online auction company and working as a manager for the agency charged with automating the UAE's federal government, Forbes explained.

Choosing Sheikha Lubna in the 70th place on the World's 100 Most Powerful Women was also in recognition for her fight to improve the rights of women in the region and humanitarian efforts for sustainable development and issues of children and the youth in other Arab and Muslim countries.

Sheikha Lubna expressed gladness at being recognised by Forbes as the most powerful Arab woman and the among the world's 100 most powerful women.

"This UAE global achievement would not have been possible without the ongoing support extended by the prudent leadership of the UAE to women, an established tradition started by the Late Sheikh Zayed bin Sultan Al Nahyan and continued by the current leadership to bolster the role of UAE women in sustainable development as well as their international and regional status to become an example to follow," she said.

"This achievement demonstrates the support being given to UAE women by President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, as well as their keen interest in advancing women's role in social and economic development. This was regarded as a culmination of the efforts of Sheikha Fatima bint Mubarak, Chairwoman of the General Women Union, to empower UAE women and develop their abilities to make many achievements in education, development and governmental work.

"I dedicate this great UAE achievement to the wise leadership of the UAE and to Sheikha Fatima bint Mubarak, Mother of the Nation, who sets an example to follow, not only for UAE women, but also for all women in other Arab and Muslim countries."

Sheikha Lubna urged UAE women for more diligence and creativity in order to realise the aspirations of the wise leadership of the UAE for further social and economic development.

Forbes magazine said it chose the top women from four groups: politics, business, media and lifestyle and then ranked the women in each group against other groups, "Not easy, but that's today's reality: an unpredictable, diverse mash-up of hard power (currencies and constitutions) and dynamic power (audience and audacity)."

In its article, Forbes said its "assessment is based less on traditional titles and roles and more on creative influence and entrepreneurship. These power women have built distinctive companies and brands and championed weighty causes, sometimes through unconventional means; in other cases they have broken through gender barriers."

Sheikha Lubna came ahead of the other three Arab women who took to Forbes list of the world's most influential women. These are Qatar's first lady Her Highness Sheikha Mozah bint Nasser Al Missned (No 74), Queen Rania Al Abdullah of Jordan (No 76) and Kuwaiti businesswoman Maha Al Ghunaim, the cofounder and chair of Kuwaiti bank Global Investment House (No 94).

US First lady Michelle Obama ranked No 1 on Forbes magazine's 100 most powerful women in the world followed by Kraft CEO Irene Rosenfeld and talk-show host Oprah Winfrey, Germany Chancellor Angela Merkel (No 4). Lady Gaga broke into the top 10 at No 7 while Beyonce Knowels took No 9 and Ellen DeGeneres No 10.

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