A ministerial decision issued by the Ministry of Economy requires private joint-stock companies in the United Arab Emirates to designate a minimum of one seat for women on their boards of directors following the expiration of the current board’s term. This choice is a crucial part of the country’s larger plan to improve women’s representation in leadership positions and diversify the corporate sector.
Consistent with the United Arab Emirates’ endeavours to enhance its worldwide competitiveness, the program showcases the leadership’s resolute dedication to empowering women and guaranteeing their indispensable involvement in the nation’s sustainable growth. A similar initiative that was previously applied to public joint-stock companies is followed by the Ministerial Resolution No. 137 of 2024, which deals with the regulation of private joint-stock companies’ governance and operations. The earlier choice has already improved institutional performance and produced favourable economic results.
The UAE’s Minister of Economy, Abdullah bin Touq Al Marri, emphasised that the country is committed to enhancing women’s contributions in a variety of domains, particularly economic development, under the direction of its astute leadership. The most recent ruling upholds the UAE’s goal of improving gender parity by giving women more influence in the corporate world and a larger share of leadership and decision-making positions. The program enhances the UAE’s standing as a pioneer in gender equality and increases its competitiveness on the world stage.
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