FedEx leads in advancing gender equality in logistics

Sophie Hoult
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Updated 12 March 2023
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FedEx leads in advancing gender equality in logistics

Women, who have historically been underrepresented in the logistics industry, are now taking center stage. In 2022, women accounted for 19 percent of C-level positions in the average supply chain organization, up from 15 percent in 2021. Successfully recruiting women, advancing them into leadership roles, and retaining them in supply chain positions are now considered essential components of an organization’s strategy.
The new generation of women employees who have been joining FedEx in increasing numbers over the past few years has proved that their fresh perspective can enhance all parts of supply chain operations. From package sorting and courier duties to truck driving and ground operations management, there is literally nothing a woman cannot accomplish!

A view from the top
Becoming a pilot takes a great deal of determination — it is not something that happens overnight. First Officer and Pilot Stefanie Lee recalls that it wasn’t always easy. At the same time as climbing the career ladder, Lee was also trying to balance being a mother. “In my career, I faced several challenges from those who thought I couldn’t be a single mother and still fly. I pushed through those barriers — and am happy to say I’ve now been flying for 19 years, seven of those with FedEx and the military,” she said. While Lee acknowledges gender and other biases may exist, she feels proud to work for FedEx, flying 777s.

Women delivering excellence
As a senior manager ground operations and road network at FedEx, Sophie Hoult motivates, leads and inspires to make sure that day-to-day operations run safely and successfully. Being part of the FedEx family for nearly five years, Hoult did not face any major challenges in the logistic industry. Her advice to the next generation of women entering the workforce: “Find yourself a coach, a colleague, a friend, or a relative. Someone who can see your strengths and will provide you with confidence when you are feeling self-doubt or disbelief.”

Getting behind the wheel
Farrah Fayo has been with FedEx for nearly two years. Even though ground courier is a male-dominated role that requires lifting boxes and driving a van, Fayo was determined: “I told myself that if other women can do it, I can do it as well.” Her family only cared that she was employed in a safe environment. FedEx is a great place to work, according to Farrah: “When it comes to gender equality, everyone is treated fairly.”

Driven by passion
Zainab Matovu joined FedEx about a year ago. Like Fayo, Matovu works as a courier in Dubai. Her passion for her job helped her overcome any obstacles she encountered. She said: “Let’s challenge the stereotypes that have traditionally associated this profession with men. Only by growing the number of women who embrace opportunities and challenges in the industry will this be possible. In return, we will gain esteem and the reversal of stereotypes about women.”

 


Kuwait Fund for Development: Six decades of humanitarian and developmental impact across globe

Updated 22 January 2026
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Kuwait Fund for Development: Six decades of humanitarian and developmental impact across globe

On Dec. 31, the Kuwait Fund for Development marks the anniversary of its establishment, opening a new chapter of success and ambition as one of the most prominent pioneers of development on both regional and global levels. Founded in 1961, the fund became the first and oldest development institution to operate in Arab countries and other developing nations.

Today, after more than six decades of continuous work, the Kuwait Fund for Development remains steadfast in its mission and has never ceased its efforts to support development causes in developing countries. As it celebrates its 64th anniversary, the fund has drawn a national portrait under the theme “Partners in Development,” reflected through its projects spread across the globe, all of which aim to build brighter and more sustainable future.

An external development arm

The establishment of the Kuwait Fund for Development embodied a wise and visionary decision by the leadership of Kuwait at the time. Kuwait was the only developing country that chose to share the challenges of development with other developing nations, cooperating with them through the provision of concessional loans, grants, financial assistance, and technical support tailored to their development priorities.

Since its inception, the Kuwait Fund for Development has served as Kuwait’s external development arm, sparing no effort in supporting development causes and extending assistance to developing countries worldwide.

Vision and early beginnings

In the early 1960s, the late Amir Sheikh Jaber Al-Ahmad Al-Sabah, then head of the financial department, proposed the idea of establishing a development entity that would serve Kuwait’s foreign policy and assist Arab and other developing countries in achieving development across various sectors. The idea received strong support from the late Amir Sheikh Abdullah Al-Salem Al-Sabah, as it aligned with Kuwait’s vision at the time to build a modern state.

Consequently, an Amiri decree was issued on Dec. 31, 1961, establishing the Kuwait Fund for Development with an initial capital of 50 million Kuwaiti dinars ($162.6 million).

Global reach and development impact

The fund’s activities have extended to all corners of the world, contributing to the financing of projects in 106 countries, including 16 Arab countries, 41 African countries, 19 in East and South Asia and the Pacific, 17 in Central Asia and Europe, and 12 in Latin America and the Caribbean.

This support was delivered through 1,037 concessional loans provided to the governments of these countries, with a total value of approximately 7 billion Kuwaiti dinars. In addition, the fund has provided grants and technical assistance to support a wide range of development services, helping beneficiary countries implement their development programs. A total of 420 grants and technical assistance operations were extended, amounting to approximately 401 million Kuwaiti dinars.

Loan agreements

During the past year, the Kuwait Fund for Development signed several loan agreements supporting development across different regions of the world. Among these were two loan agreements with the government of Bahrain. The first loan, valued at 31.25 million Kuwaiti dinars, contributed to financing the Electricity Transmission Networks Development Project. The second loan, valued at 10 million Kuwaiti dinars, supported the Sheikh Jaber Al-Ahmad Al-Sabah Highway Development Project (Phase II).

On the sidelines of the World Bank Group meetings held in Washington, D.C., the fund has also signed a 4 million Kuwaiti dinar-worth loan agreement with Saint Lucia to help finance the Sir Julian R. Hunte Highway Project, as well as another 4 million Kuwaiti dinar-worth loan agreement with Belize to support the George Price Highway Project.

Supporting and assisting refugees

The Kuwait Fund for Development’s contributions to humanitarian action stand out at both regional and international levels. Since its establishment, the fund has represented a unique model in supporting and assisting refugees in countries affected by disasters, conflicts, and wars, in line with Kuwait’s moderate and balanced policy.

These efforts have helped strengthen Kuwait’s relations with Arab and international partners. The fund has played a significant role in the reconstruction of Lebanon and Iraq following periods of crisis, and its assistance to the Palestinian people has never ceased.

International Participation

Over the past year, the Kuwait Fund for Development recorded notable participations in major international forums. These included taking part in the 2025 annual meetings of the World Bank Group and the International Monetary Fund in Washington, D.C., with a delegation headed by the fund’s Acting Director General Walid Shamlan Al-Bahar. The fund also took part in the Tokyo International Conference on African Development, held in Tokyo, Japan.

Additional international engagements included participation in the Third UN Conference on Landlocked Developing Countries, held in Awaza, Turkmenistan, and the Fourth International Conference on Financing for Development, organized by the UN in Seville, Spain.