Saudi Arabia, UAE to pledge $100 million to women empowerment cause proposed by Ivanka Trump

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Saudi Arabia and the United Arab Emirates will pledge $100 million to World Bank’s Women Entrepreneurs Fund during an event in Riyadh that Ivanka Trump is set to attend on Sunday.

“This facility has clear alignment with our broader work to advance women’s economic empowerment,” World Bank President Jim Yong Kim said in a statement. “We look forward to launching the facility later this year.”

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