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Economy, Video

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Lulu’s IPO raises $1.72bn

The proceeds make it the largest UAE IPO of 2024 to date.

DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

Tough laws, quotas may plug GCC gender gap

By Hilal Mir
March 5, 2023 10:06 pm
  • 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:

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