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TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

Tough laws, quotas may plug GCC gender gap

  • Experts say that at this pace, it will take Middle East and North Africa region more than 142 years to bridge the gender gap.
  • While more companies are paying closer attention to Diversity, Equity and Inclusion issues persist in the GCC region.

Dubai, UAE — The female citizens of the six Gulf Cooperation Council countries have good access to education—women outnumber men in university graduation rates–and healthcare and social services that should ideally boost their presence in the region’s workforce.

Though the wealthy Gulf nations are initiating measures to bring more women into the labor force, it will take decades to bridge the gender gap.

TRENDS takes a look at the state of gender diversity in the region: