The private sector needs to follow the UAE government’s example and push for female board members.

Statistics show the Gulf lags behind much of the developed world in workplace gender diversity. This is clearest at the top, just 1.5 per cent of board seats in the UAE are held by women. This drops to 1.2 per cent for companies listed on the Dubai Financial Market and 0.8 per cent for those listed on the Abu Dhabi Securities Exchange.

In workforce terms, the difference between the public and private sectors is marked; women make up 66 per cent of the former but only five per cent of the latter. Getting more women into both the private sector and leadership positions is key to addressing inequality, but will also help meet the Government’s Emiratisation targets.

Finally, it may be good financial news for companies – research suggests companies with more women at management level do better.
We Need More Emirati Women In Financial Services

W-T-W Finance Women Integrity Awards:
Doaa Eladl

 The global economy is expected to continue expanding at a moderate pace over the coming two years, but policymakers must ensure that instability in financial markets and underlying fragility in major economies are not allowed to derail growth, according to the Economic Outlook.
Watch the Webcast of the press conférence

India has opened its first state-owned bank for women in the country, with a focus on lending to women and increasing their financial security.
India opens first bank for women to strengthen their financial security

The reveal came on July 20, 1942, when the New York Post’s popular financial column ran under the name of Sylvia Porter. Since starting at the Post seven years earlier, the columnist had hidden behind the gender-ambiguous byline S.F. Porter. At a time when women were banned from the trading floor of the New York Stock Exchange, and kept out of corporate stockholders’ meetings, who would seek out financial advice from someone named Sylvia?
Meet Sylvia Porter, Creator of the Personal Finance Column

Finance columnist Sylvia Porter  visited campus in 1974 when she gave the Commencement address. At the height of her journalism career she had over 40 million people reading her column. She was a leading force who made it possible for women to enter the field of business and financial journalism.

One third of Europeans are on the outside of the economic recovery.

Intrum Justitia ABPress releaseThe European financial crisis prevails: One third of Europeans are on the outside of the economic recoveryThe results of Intrum Justitia’s European Consumer Payment Report 2013 show that one third of the European consumers find themselves in a troublesome financial situation; as many as 27 percent said in the survey that they didn’t have enough money for a dignified existence. The reason behind the financial problems among European Consumers differs, creating a divide between then northern and German speaking Europe and the southern and eastern Europe.
The European financial crisis prevails
European Payment Index 2013 

If you’ve ever lied about your spending or pocketed change you didn’t deserve, you’re not alone. Two new surveys reveal that a surprisingly high percentage of people are willing to cheat financially, and that women tend to be more honest than men when it comes to money.
Financial Cheaters: