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Don't Sniff at Money.(Education; Royals)(Correction notice)

Newsweek International

| August 20, 2007 | Theil, Stefan | COPYRIGHT 2007 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Stefan Theil

*****

Correction: In our interview with Jordan's Queen Rania ("Don't Sniff at Money," Aug. 20-27), we mistakenly referred to Her Majesty as "Princess." NEWSWEEK REGRETS the error.

*****

Princess Rania pushes Arabs to train entrepreneurs.

Jordan's Queen Rania Al Abdullah emphasizes the need to teach Arab kids how to start their own businesses and create jobs. She's crisscrossed the region to drum up support for Injaz al-Arab, a fast-growing NGO that has helped 270,000 students learn business skills and set up their own mini-companies. Her Majesty answered Stefan Theil's written questions from the royal family's undisclosed vacation retreat. Excerpts:

Theil: In many Arab countries, there are countless obstacles to starting a business--from punitive bankruptcy laws to lack of financing to the time and money it takes to set up a company. Why focus on education?

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