The theme of this year's International Women's Day is 'Accelerate Action'. Nick Donaldson / The National
The theme of this year's International Women's Day is 'Accelerate Action'. Nick Donaldson / The National
The theme of this year's International Women's Day is 'Accelerate Action'. Nick Donaldson / The National
The theme of this year's International Women's Day is 'Accelerate Action'. Nick Donaldson / The National


International Women’s Day reminds us what it takes to secure equal rights in a fast-changing world


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  • Arabic

March 08, 2025

Some women bristle at the idea of celebrating International Women’s Day every March 8. Taken literally, it would mean the other 364 days of the year are days for men. Without a designated “International Men’s Day”, that idea seems to hold on a superficial level.

Moreover, some women would argue spotlighting their achievements on one designated day means they are seen as exceptional just for being women and able to achieve, whereas they would prefer the world was gender-blind and lauded them for who they were regardless of biology. My younger self definitely sat in that camp.

And yet International Women’s Day holds much greater significance. It is a day to be celebrated and, more importantly, used as a moment to reflect on what has been achieved and how to improve societies further.

Giving women greater opportunities is essentially a way to improve society and give it a greater chance at success. With more girls and women educated, societies are more knowledgeable. With more rights protected, societies are fairer. And, of course, for women who are in the workforce, economic independence not only helps them have better lives, but puts economies in better shape.

The economic case for providing women with greater access to finance or employment has long been made. According to the latest figures from the World Bank, closing the gender gap in employment and entrepreneurship could boost global GDP by 20 per cent – to quote just one of numerous data sets that make the same case.

March 8 has become synonymous with the world celebrating women, with extra focus on their various roles in society and particularly in the public sphere. While the roots of women's day lie in the socialist movement over a century ago, it became a day recognised globally as such when the UN celebrated International Women’s Day for the first time 50 years ago, in 1975. Two years later, the UN general assembly adopted a resolution for countries to choose one day a year to observe women’s rights and international peace. Most countries chose March 8 while some, like the UAE, have an additional day to celebrate the women of their own country.

Much has been achieved in the past 50 years, and according to the UN report “Progress on the Sustainable Development Goals: The Gender Snapshot 2024”, women hold one in four parliamentary seats around the world – up substantially in the past decade. Moreover, 56 legal reforms have been adopted globally aiming to close the gender gap.

However, there are troubling societal issues that continue to disadvantage women. From domestic violence to limited education rights in certain regions. For example, at the current rate of change it would take 137 years to lift all women and girls out of extreme poverty. While last year witnessed the greatest number of elections globally, three times the number of men were re-elected into office than women elected to office.

Most concerning, according to the UN, one in five girls are married as children. Most recently, Iraq’s Parliament passed a law that takes that country back several decades by re-introducing child marriage after a previous ban. The case of Iraq’s new law is a startling example of how progress can be reversed after decades.

Giving women greater opportunities is essentially a way to improve society and give it a greater chance at success

And so, not only must progress be protected, it must also be accelerated. “Accelerate Action” is the theme of this year’s International Women’s Day. And while the world’s tempo certainly seems to have been accelerated, from the speed of technological change to the quickening information flow, the speed toward gender parity in the public and private spheres remains too slow. According to the World Economic Forum’s "Global Gender Gap Report" for 2024, it will take 134 years to close the gender gap – five more generations, assuming progress continues.

Many debates and discussions have been had on how best to close the gender gap. Can a top-down approach that includes legislation and quotas deliver societal change in the long term? It does, as is evident in countries that have adopted overt measures for that purpose – from ensuring women have seats on boards to seats in parliament.

Intent and design, at an institutional level, are vital to continuing progress towards greater female representation – from the classroom to the boardroom. Benchmarks, like the Sustainable Development Goals, are important for measuring progress – or regression. You measure what you want to improve.

This year marks the 30th anniversary of the Beijing Declaration – a pivotal and rare moment of global consensus adopted by 189 governments to work towards women’s empowerment. In an increasingly polarised world, using this anniversary as reminder of what is achievable with intent and unity would be a good step forward in “accelerating action”.

While UN and government-led initiatives, benchmarks and anniversaries are important, at the heart of achieving rights for women and men is society itself. It is how men and women alike allow for inclusion, particularly at home, that will make the greatest difference. How a mother or father teaches their daughters and sons to treat each other, and what they can aspire to be, plays a central role in how their outlook on life, and particularly towards the role of women, will be.

While it is important to be cognisant of cultural and societal conditions, there can be no complacency or justification for women to be subjugated or ill-treated. That includes how we embrace the idea of championing girls and women. And that is why International Women’s Day is not only worth celebrating but also using as a talking point to tackle the many remaining challenges ahead.

Even if girls and women were to get all their rights secured, International Women’s Day would still be a testament to all those women and men who have fought across centuries to work towards fairness and justice – which is at the heart of calling for gender equality in opportunity and in life.

How has net migration to UK changed?

The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.

It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.

The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.

The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.

Jiu-jitsu calendar of events for 2017-2018:

August 5:

Round-1 of the President’s Cup in Al Ain.

August 11-13:

Asian Championship in Vietnam.

September 8-9:

Ajman International.

September 16-17

Asian Indoor and Martial Arts Games, Ashgabat.

September 22-24:

IJJF Balkan Junior Open, Montenegro.

September 23-24:

Grand Slam Los Angeles.

September 29:

Round-1 Mother of The Nation Cup.

October 13-14:

Al Ain U18 International.

September 20-21:

Al Ain International.

November 3:

Round-2 Mother of The National Cup.

November 4:

Round-2 President’s Cup.

November 10-12:

Grand Slam Rio de Janeiro.

November 24-26:

World Championship, Columbia.

November 30:

World Beach Championship, Columbia.

December 8-9:

Dubai International.

December 23:

Round-3 President’s Cup, Sharjah.

January 12-13:

Grand Slam Abu Dhabi.

January 26-27:

Fujairah International.

February 3:

Round-4 President’s Cup, Al Dhafra.

February 16-17:

Ras Al Khaimah International.

February 23-24:

The Challenge Championship.

March 10-11:

Grand Slam London.

March 16:

Final Round – Mother of The Nation.

March 17:

Final Round – President’s Cup.

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

The lowdown

Badla

Rating: 2.5/5

Produced by: Red Chillies, Azure Entertainment 

Director: Sujoy Ghosh

Cast: Amitabh Bachchan, Taapsee Pannu, Amrita Singh, Tony Luke

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

The%20Roundup
%3Cp%3EDirector%3A%20Lee%20Sang-yong%3Cbr%3EStars%3A%20Ma%20Dong-seok%2C%20Sukku%20Son%2C%20Choi%20Gwi-hwa%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A
What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
  • A ban on uranium enrichment and reprocessing
  • A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
  • A targeted global asset freeze and travel ban on Iranian individuals and entities
  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
Brown/Black belt finals

3pm: 49kg female: Mayssa Bastos (BRA) v Thamires Aquino (BRA)
3.07pm: 56kg male: Hiago George (BRA) v Carlos Alberto da Silva (BRA)
3.14pm: 55kg female: Amal Amjahid (BEL) v Bianca Basilio (BRA)
3.21pm: 62kg male: Gabriel de Sousa (BRA) v Joao Miyao (BRA)
3.28pm: 62kg female: Beatriz Mesquita (BRA) v Ffion Davies (GBR)
3.35pm: 69kg male: Isaac Doederlein (BRA) v Paulo Miyao (BRA)
3.42pm: 70kg female: Thamara Silva (BRA) v Alessandra Moss (AUS)
3.49pm: 77kg male: Oliver Lovell (GBR) v Tommy Langarkar (NOR)
3.56pm: 85kg male: Faisal Al Ketbi (UAE) v Rudson Mateus Teles (BRA)
4.03pm: 90kg female: Claire-France Thevenon (FRA) v Gabreili Passanha (BRA)
4.10pm: 94kg male: Adam Wardzinski (POL) v Kaynan Duarte (BRA)
4.17pm: 110kg male: Yahia Mansoor Al Hammadi (UAE) v Joao Rocha (BRA

LOVE%20AGAIN
%3Cp%3EDirector%3A%20Jim%20Strouse%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Priyanka%20Chopra%20Jonas%2C%20Sam%20Heughan%2C%20Celine%20Dion%3C%2Fp%3E%0A%3Cp%3ERating%3A%202%2F5%3C%2Fp%3E%0A
COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

The specs

Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)

Tips for SMEs to cope
  • Adapt your business model. Make changes that are future-proof to the new normal
  • Make sure you have an online presence
  • Open communication with suppliers, especially if they are international. Look for local suppliers to avoid delivery delays
  • Open communication with customers to see how they are coping and be flexible about extending terms, etc
    Courtesy: Craig Moore, founder and CEO of Beehive, which provides term finance and working capital finance to SMEs. Only SMEs that have been trading for two years are eligible for funding from Beehive.
Updated: March 08, 2025, 10:29 AM