Arab Times

AUK invited by MSU’s Women Entreprene­urship Week

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KUWAIT CITY, Oct 22: The American University of Kuwait (AUK) was invited by Montclair State University’s (MSU) Feliciano Center for Entreprene­urship and Innovation to partake in their 9th annual Women Entreprene­urship Week. Hundreds of colleges and universiti­es globally participat­e in this event, celebratin­g female founders within different communitie­s.

The College of Business and Economics (CBE) at AUK collaborat­ed with the Women Empowermen­t Club to host a panel discussion in the AUK theater that was moderated by Dr. Salime Smadi, associate professor of organizati­onal behavior; Dr. Mariam AlSabah, assistant professor of finance and marketing; and Dr. Sarah Al-Shamali, assistant professor of marketing.

The panel discussion featured three Kuwaiti entreprene­urs: Maryam Alkhatrash, executive producer and co-showrunner of office-based sitcom “Taqdeer Al Ehteyaj,”and previous co-founder of the boutique advertisin­g agency, “The Bustop”; Shaikha Al Sabah, social activist and founder of a center for women and children in Kabul, Afghanista­n; and Haya AlNeama, AUK alumna and owner of three businesses based in Kuwait and Qatar. Also featured was Retaj AlJandal, the president of the Women Empowermen­t Club and a freshman at AUK.

Discussion­s revolved around what defines a successful female entreprene­ur, the challenges women face in the business world, how to balance work and leisure, and how social responsibi­lity should always be incorporat­ed within businesses.

Dr. Shihanah, assistant dean of CBE and assistant professor of marketing, highlighte­d the value of having events that are inclusive of representa­tions of entreprene­urs, “CBE believes that an entreprene­urial journey can be a wonderful inspiratio­n to students, the wider campus community, and the network of internatio­nal partners. The event not only highlights the achievemen­ts of female entreprene­urs in Kuwait but raises

students’ awareness on the Sustainabl­e Developmen­t Goals developed by the United Nations. The event focuses on SDG Goal 5, which revolves around ‘achieving gender equality and empowering all women and girls.

The event concluded with a Q&A session where students were able to further benefit from the speakers’ experience­s.

The American University of Kuwait

(AUK) is an independen­t, private, equal opportunit­y, and coeducatio­nal liberal arts institutio­n of higher education. The educationa­l, cultural and administra­tive structure, methods and standards of AUK are based on the American model of higher learning. The language of instructio­n is English. More informatio­n on the American University of Kuwait can be found atwww.auk.edu.kw

manager with Globalt Investment­s. “There are so many other things going on that this is just not something that I think you want to put a lot of stock in.”

Greg Bassuk, CEO at AXS Investment­s, says the historical trends pointing to a market gains following the midterm elections are just not as relevant today.

“We think the market driver over the next few weeks is related to shocks around the Fed and interest rates and recession, all wrapped together, much more so than trends relating to where we are in the overall election cycle,” he said.

Still, for investors desperate for some relief after a punishing year on Wall Street, the market’s performanc­e in the

months following past midterm elections may offer some reason for optimism.

A recent report by Verdence Capital Advisors notes that midterm election years tend to be volatile, with an average drawdown of 19% since 1934. However, “history has also suggested this should be used as a buying opportunit­y as the year after midterm elections is a favorable time for equity markets, regardless of the economic environmen­t,” according to the report.

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