There is no doubt that Emirati women have secured their place in the labor market and in supporting the growth process in the country, and have risen in status to the point where they have become worthy competitors in the fields of private sector investments and financial markets, and they have broken the stereotype of women previously thought unable to manage money and engage in investment activities.
Saxo Bank, the bank specializing in trading and investing in multiple assets, revealed that the share of women among its new clients in the trading field in the UAE has increased by 18% since 2017, as the number of female investors in the region is growing to unprecedented levels.
On Emirati Women’s Day, which fell on the 28th of this month, UAE President Sheikh Mohammed bin Zayed described Emirati women as an essential partner in the march of the country’s renaissance and the progress of society, and that the UAE is one of the leading countries when it comes to indicator rankings of women’s empowerment. “We congratulate her on the occasion of Emirati Women’s Day…and appreciate her giving, sacrifices, and her pivotal role in society,” Sheikh Mohammed bin Zayed said.
Dubai Ruler, Sheikh Mohammed bin Rashid Al Maktoum, said on his Twitter account: “On Emirati Women’s Day, we celebrate the mother of the Emirates and the role model of Emirati women, Her Highness Sheikha Fatima bint Mubarak.”
Saxo Bank
Saxo Bank revealed an increase in the share of women among its new clients in the trading field in the UAE by 18% from 2017.
Changing circumstances are pushing an increasing number of women to work in the fields of trading and investment, thanks to developments in recent years in the areas of financial technology and improved access to investment tools and resources.
Commenting on this topic, Tara Tian, Regional Head of Marketing for the Middle East and North Africa at Saxo Bank, said: “On the occasion of the seventh anniversary of Emirati Women’s Day, we are pleased to play our part in encouraging and empowering female investors in their first steps in this field.”
”During the past five years, we have witnessed an increase in the level of financial independence for women, and the importance of their roles in making financial decisions, roles and responsibilities that have long been associated with men in the family.”
“However, we still have a long way to go, which motivates us to encourage more women to break the chains, believe in themselves, and enter the world of investment,” she added.
Saxo Bank offers suggestions that it says can help women who want to try investing for the first time:
– Education is first solution: Acquiring and developing knowledge is the best way to develop in any field. Financial education helps novice female investors to enhance their financial position on a personal level.
– Assessing the financial situation: The assessment of the current financial situation contributes to planning for a safer future, identifying the risks associated with the investment process, and highlighting areas that can increase savings.
– Survey before investing: Research and studies are at the top of the priority list, so all available investment options, such as bonds, ETFs, currencies, commodities, crypto assets, and others, should be investigated.
– Have confidence: you should have confidence when making decisions and not be influenced by negative opinions about investment, as confidence will ensure success and business prosperity.
Saxo Bank stresses that there is huge potential for growth for female investors, especially with the support of various government initiatives and reforms that encourage women to participate actively in the economy.
