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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

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: