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Greek Maritime Sector Sets Benchmark For Female Employment Beyond European Averages

At the 89th Thessaloniki International Fair, Greece took center stage by unveiling a groundbreaking study on international best practices for enhancing women’s participation in maritime careers. Spearheaded by the maritime employees’ pension fund (NAT), the research signals a pivotal move towards increasing female representation in an industry historically dominated by men.

Emerging Leadership And Strategic Initiatives

The study, referenced by Newmoney and led by Professor Gabriel Amitsis of the University of West Attica, builds on NAT’s well-established Annual Report on Maritime Employment. Notably, women currently represent 7.8 percent of Greece’s registered maritime employment—a figure that starkly contrasts with Europe’s 1.2 percent in 2021 and 2.4 percent in 2022. The report details 25 strategic measures ranging from awareness campaigns and empowerment initiatives to policies that combat gender discrimination, providing a robust framework for integrating more women into the maritime sector.

A Comparative Analysis Of Global And Regional Trends

While global benchmarks such as the IMO-WISTA Women in Maritime Survey 2024 highlight that women comprise nearly 19 percent of the overall maritime workforce, their presence as active seafarers remains below 1 percent. This persistent gap underscores the challenges that even well-represented sectors, such as maritime administration and education, face when transitioning to active sea roles. Similar trends can be observed in Cyprus, where government initiatives and public policies, including the National Strategy for Gender Equality and the Cyprus Shipping Gender Equality Award, are paving the way for enhanced female participation in shipping.

Government Endorsement And Industry Leadership

Prominent government figures have reinforced the importance of these initiatives. Labour Minister Niki Kerameus lauded Greece as a pioneer in the field, emphasizing that the nation’s female maritime presence is more than three times the international average. Deputy Minister Anna Efthymiou echoed these sentiments, calling for an adaptive social security system that not only provides benefits but also actively supports the unique needs of female seafarers.

Innovation, Sustainability, And The Future Of Shipping

Georgia Maniati, Director and President of NAT’s Board of Directors, stated that international best practices are key to unlocking new pathways for equality, innovation, and sustainability. “The shipping of the future cannot be imagined without the female seafarer,” she said, underscoring NAT’s commitment to global initiatives that promote equal participation. As regional momentum continues to build, Greece and Cyprus are setting an industry precedent, illustrating that elevating female participation is not just a measure of social equity, but also a competitive necessity in today’s dynamic global market.

FinTech’s Dominance In MENA: Three Strategic Drivers Behind Unyielding VC Success

Despite facing tightening global liquidity and macroeconomic headwinds, the FinTech sector continues to assert its leadership in the MENA region. In the first half of 2025, FinTech emerged as the most resilient and appealing arena for venture capital investments, proving its worth as a catalyst for financial innovation and inclusion.

Addressing Structural Financial Gaps

In many parts of MENA, a significant proportion of the population remains underbanked and underserved by traditional financial institutions. FinTech companies are uniquely positioned to address these persistent challenges by bridging critical access gaps and driving financial inclusion. With the proliferation of payment apps, digital wallets, and micro-lending platforms, investors have witnessed firsthand how these solutions pave the way for scalable growth and eventual exits. Early-stage momentum in the region is underscored by a doubling of pre-seed deals year-over-year, reinforcing the sector’s capacity for rapid innovation and sustainable expansion.

Highly Scalable and Replicable Business Models

One of the key factors behind FinTech’s dominance is the inherent scalability of its business models. Once the necessary infrastructure and regulatory approvals are in place, these models have demonstrated robust performance across borders. The first half of 2025 saw a marked acceleration in deal activity, with payment solutions leading the charge with 28 deals in MENA—a significant increase over the previous year. Lending platforms, in particular, experienced a meteoric 500% year-over-year increase in funding, emerging as the fastest-growing subindustry. Such replicability makes FinTech an attractive proposition for investors seeking high-growth opportunities in diverse markets.

Supportive Regulatory And Government Backing

The strategic support offered by key government initiatives in the UAE and Saudi Arabia has been instrumental in propelling the FinTech sector forward. Progressive frameworks, such as the UAE’s open finance and digital asset directives, coupled with Saudi Arabia’s live-testing sandboxes, have materially lowered entry barriers for startups. These measures not only foster innovation but also streamline the path to commercialization. Consequently, the combined efforts of these regulatory bodies have enabled the UAE and Saudi Arabia to account for 86% of MENA’s total FinTech funding in H1 2025.

The resilience of FinTech in MENA is not merely a reflection of contemporary market trends—it signals a fundamental shift in the region’s economic fabric. With an unwavering commitment to addressing real financial challenges, scalable and replicable business practices, and robust regulatory support, FinTech is setting the benchmark for sustainable innovation. As capital markets become increasingly discerning, this sector stands out as a beacon of long-term growth and transformative impact.

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