INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Female empowerment key to Gulf economic growth

GCC women remain optimistic about their empowerment.
  • Women's hiring in GCC countries has increased substantially during the past decade.
  • Saudization and Emiratization of jobs is likely to see a surge in the number of women joining the workforce.

Gulf Cooperation Council states have achieved phenomenal economic growth during the past decades and they have firmly set eyes on the future by embracing digital technologies in nearly all spheres of life.

In their endeavor to achieve various short-term and long-term goals by 2030 or 2050, the GCC countries have prioritized diversifying their economies to cut dependence on oil, which continues to be the major driver of the regional economic engines.

Realizing that these transformational ambitions cannot be achieved without empowering the local populations, these countries have initiated programs, such as Emiratization and Saudization, to include an ever increasing number of their nationals into the workforce.

This indigenization of the workforce and economies would have limitations if the women are excluded. Therefore, gradually, women empowerment is becoming an important element in the economic policies of Gulf countries. Already, women are occupying top positions in big companies.

TRENDS highlights some important aspects of women empowerment in the GCC region.