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GENDER BALANCE IS REFLECTED AS A HIGH MOF PRIORITY
PROMOTING GENDER EQUALITY AND PROSPERITY IN THE UAE
MINISTRY OF FINANCE HONOURED AS
THE BEST FEDERAL AUTHORITY SUPPORTING GENDER BALANCE
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The Ministry of Finance has been recognised as the best federal authority supporting gender balance in the UAE. Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, presented this significant UAE Gender Balance Index award to Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, at a prestigious ceremony in January 2019.
At the event, Sheikh Mohammed expressed his pride with the successes of Emirati women in all fields at local and regional levels.

THE VALUES OF ZAYED

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Nothing makes me happier than to see women assume their rightful role in society and fulfil their potential. Nothing should stop the progress of women. Women have equal rights to men in assuming top positions that befit their abilities and qualifications
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Sheikh Zayed bin Sultan Al Nahyan
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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai presents the UAE Gender Balance Seal to His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance.

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RATIO OF MEN AND WOMEN HOLDING
EXECUTIVE POSITIONS AT MINISTRY OF FINANCE
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CONTRIBUTING DIRECTLY TO GENDER EMPOWERMENT IN THE UAE
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MOF’s representation in the Gender Balance Council reflects its support for the UAE government’s commitment to gender balance within its financial and economic entities, which play important roles in economic and social development. The Ministry of Finance incorporates gender balance principles in its overall strategy. MoF actively supports gender balance in the following ways:

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Contributed to the formation of the UAE Gender Balance Council, with an allocated AED5 million annual budget
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Direct representation in the management of the Council through His Excellency MoF Undersecretary Younis Haji Al Khouri
03
Established an organisational grading table for federal government employees that is based on their performance and station rather than their gender
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Supports and partners the Council on its projects with international financial organisations, such as the IMF, OECD and World Bank
GENDER BALANCE = A BETTER WORLD BALANCE
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What is gender equality?

The term includes all the economic, social and cultural opportunities accessible to people as either male or female. Equality between men and women does not mean that they are the same, but that they are not treated differently and that neither one is denied their equal share in the distribution of power and influence, the channels to education and financial independence, and that they are completely free from coercion and intimidation, both at home and at work.

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Why is it important?

For centuries, women tended to be afforded fewer opportunities than men, especially in the workplace, but this is changing as leaders recognise not only that inequality is unfair to half the world’s population but also that women contribute enormous value to national progress and development. Increasing the economic participation of women is critical for long-term prosperity and has the potential to add trillions to global GDP.

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Gender balance is a national priority

Her Highness Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance Council, has highlighted that gender balance is a top national priority for the UAE, and is included in the UAE Vision 2021, as part of the country’s aims to enhance the participation of women in both its society and the economy.

UAE RANKS HIGHEST IN GULF REGION FOR GENDER EQUALITY
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Since its inception, the country’s leadership has invested in the empowerment of women in the UAE, a top priority for Sheikh Zayed’s government. In recent decades. The UAE has made great progress to achieve gender equality towards its sustainable development goals (SDG).
In 2018, the United Nations Human Development Report found the UAE to have the highest level of gender equality in the GCC, with a significant growth of women in the workforce and more women continuing higher education than men. In 1975, little more than 2% of the Emirati workforce was represented by women - today, they fill more than half the positions in government entities.

International Benchmarks

The UAE is also committed to substantially improving its gender index rankings on a global scale. The World Economic Forum Global Gender Gap Index benchmarks 149 countries on their progress towards closing the gender gaps across four main areas: economic participation and opportunity, education, health, and political empowerment.
The annual reports aim to create awareness of the challenges posed by gender gaps and the opportunities created by reducing them. In the 2018 report, the UAE ranked 121st overall, with a score of 0.642 (where 1.00 is perfect parity). Iceland currently holds top position for gender balance.

UAE GLOBAL GENDER GAP INDEX

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UAE ACHIEVEMENTS TOWARDS GENDER BALANCE

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Formation of UAE Gender Balance Council, among other entities for women empowerment
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Emirati women hold some of the highest positions in the UAE and have a strong presence on the international stage
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Half of all SME sector businesses are handled by women
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2nd country in the world to make it mandatory for corporations and government entities to include women on boards of directors
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Dr Amal Al Qubaisi, the President of the FNC, is the first woman in the Arab world to be elected as speaker of a national council
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UAE law on wages and gender equality confirms the rights of women as equal partners of men in achieving national development
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Policy of three months’ fully paid maternity leave in some Emirates

WOMEN IN THE UAE REPRESENT

70%
of UAE university graduates
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46.6%
of workforce
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66%
government sector workers
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30%
in leadership roles
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15%
in technical and academic roles
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10%
private sector firms run by women
AED50 billion ANNUAL GDP revenue generated by women
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The woman is man’s equal partner on all levels of the development process. Today, a girl is no longer imprisoned by her traditional role. Wider horizons have been opened for her to become a full member of society.
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HH Sheikha Fatima bint Mubarak

UAE GENDER BALANCE COUNCIL

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The UAE Gender Balance Council was created in 2015 under the leadership of Sheikha Manal bint Mohammed bin Rashid Al Maktoum, who serves as its president, to advance the roles of Emirati women in the workplace, in the family and in the global arena.

The Council’s work is in line with the national development goals laid out in UAE Vision 2021 and also supports the implementation of the Gender Inequality Index, issued annually by the United Nations. The UAE aims to become one of the world’s top 25 countries achieving gender equality by 2021. The Council consolidates the efforts of government entities to protect women’s social and financial welfare, as well as to incorporate women as key partners in the prosperous future of the nation.
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Dedicated to progress

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Shamsa Saleh, CEO of the UAE Gender Balance Council, said: “We believe that women are crucial to the continued growth and sustainable prosperity of our country, and to leading our nation to a better future.”

Presidential directives are to increase women’s representation in the 2019 UAE parliamentary elections to 50%. The Council plans to improve the country’s ranking in the UN Gender Inequality Index and other competitiveness indicators, and to increase the number of women in the Federal National Council. As of 2018, seven of the current 40 FNC members are women (17.5%).

Page last updated : 07/08/2019 10:36 AM