In recent years, the UAE has made considerable strides towards making its financial sector more sustainable. It has notably increased female participation in the sector through new government-led initiatives and policies, such as a mandate for publicly listed companies to include at least one woman on their boards. Following these recent improvements, the World Economic Forum’s 2023 Global Gender Gap Report ranked the UAE as the second-most gender-equal nation in the MENA region. The report noted, for instance, that there has been a 20 percent increase in the number of female investors in the country.
Despite these gains, however, there is still a sizable gender gap in the country’s financial industry. Women hold just 8.9 percent of board positions, which translates into 77 out of 868 available board seats. Moreover, women comprised only about 18 percent of the total labor force, highlighting a considerable pool untapped potential. This event promoted a candid conversation about the intersection of gender, finance, and sustainability. We took a comprehensive look at the contribution and impact of women in developing sustainable finance in the UAE.
Experts examined representation in the sector and the rising trend of female investors, financiers, and executives. The conversation ended with policy recommendations on how further female involvement and leadership can continue to drive sustainable finance in the country.
Speakers & Moderator
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Jun 14, 2023
The WIn Fellowship 2023-2024 cohort
Building on the success of its inaugural cohort, the Women Innovators Fellowship (WIn) is expanding to Bahrain and the UAE, in addition to Saudi Arabia, as it continues to empower more women entrepreneurs from the Middle East. The program is thrilled to announce this year’s eighty-six recipients of its 2023 WIn Fellowship. The participants will receive a year-long program of executive education, mentoring, and networking opportunities in collaboration with Georgetown McDonough School of Business and with the support of the United States embassies in the three target countries and PepsiCo.
Feb 24, 2023
2023 WIn Fellowship Roadshow
The WIn Fellowship roadshow is led by the Atlantic Council’s empowerME Initiative in cooperation with Georgetown University’s McDonough School of Business with support from US Embassy Riyadh, UPS, and PepsiCo. The WIn Fellowship Roadshow participants, chosen from a highly competitive cohort of more than thirty applicants, receive a fully sponsored trip to the United States for leadership training at Georgetown and meetings with US business and government leaders.
Sponsors & in-country partner
empowerME at the Atlantic Council’s Rafik Hariri Center for the Middle East is shaping solutions to empower entrepreneurs, women, and youth and building coalitions of public and private partnerships to drive regional economic integration, prosperity, and job creation.