Hessa Al Matroushi attends an event at Burj Park to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
Hessa Al Matroushi attends an event at Burj Park to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
Hessa Al Matroushi attends an event at Burj Park to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
Hessa Al Matroushi attends an event at Burj Park to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National

Helping Emirati women launch Stem careers a 'national priority', says UAE envoy


Anam Rizvi
  • English
  • Arabic

A UAE envoy said developing career paths for Emirati women in the core fields of science and technology should be a "national priority" and high on the global agenda.

Fahad Saeed Al Raqbani, UAE ambassador to Canada, said bolstering female participation in growing sectors was crucial to provide the "jobs of the future".

Mr Al Raqbani said that while women were making significant strides in Stem subjects at university level, there was still work to be done in some fields.

Stem is the widely used umbrella term for education courses focusing on careers in science, technology, engineering, and mathematics.

Mr Al Raqbani welcomed the large number of women graduating in Stem subjects at UAE universities.

"However, when we look at other Stem fields, such as the nuclear field, women represent approximately only 20 per cent in the UAE and Canada," Mr Al Raqbani said during a webinar co-hosted by the Canadian Nuclear Safety Commission, the UAE embassy in Canada and the Mohammed Bin Rashid Space Centre.

"Given that Stem careers are the jobs of the future, promoting the advancement of women in the Stem fields is not only a domestic priority for the UAE, but part of our international approach and policy in empowering women globally."

Fixing the 'leaky pipeline'

Unesco figures state 61 per cent of UAE graduates in Stem subjects are women, compared to 57 per cent across the rest of the Arab world.

But concerns have been raised over the so-called leaky pipeline in Stem, in which many women are entering careers in which representation drops in higher-level positions.

Shaima Alsuwaidi, an Emirati PhD student at McGill University in Montreal, called for action to support the career progression of women.

"One thing that I've always noticed and wondered about is how there's a large percentage of [Emirati] women in early career or at the PhD level, but then once you look at professors or researchers who have their own labs, that percentage really decreases," said Ms Alsuwaidi during the webinar.

"There must be something that's happening in the system during that transition, or that switch from early on to having your own like lab or leading your own group that isn't very supportive of women.

  • A total of 55 per cent of children surveyed by Engineering UK said jobs related to vaccines were a recognisable Stem career. AFP
    A total of 55 per cent of children surveyed by Engineering UK said jobs related to vaccines were a recognisable Stem career. AFP
  • A total of 50 per cent of children surveyed by Engineering UK said jobs related to mobile phones were a recognisable Stem career. Bloomberg
    A total of 50 per cent of children surveyed by Engineering UK said jobs related to mobile phones were a recognisable Stem career. Bloomberg
  • A total of 48 per cent of children surveyed by Engineering UK said jobs related to artificial intelligence were a recognisable Stem career. AFP
    A total of 48 per cent of children surveyed by Engineering UK said jobs related to artificial intelligence were a recognisable Stem career. AFP
  • A total of 47 per cent of children surveyed by Engineering UK said jobs related to prosthetic limbs were a recognisable Stem career. Reuters
    A total of 47 per cent of children surveyed by Engineering UK said jobs related to prosthetic limbs were a recognisable Stem career. Reuters
  • A total of 46 per cent of children surveyed by Engineering UK said jobs related to virtual reality were a recognisable Stem career. Reuters
    A total of 46 per cent of children surveyed by Engineering UK said jobs related to virtual reality were a recognisable Stem career. Reuters
  • A total of 46 per cent of children surveyed by Engineering UK said jobs related to driverless cars were a recognisable Stem career. Reuters
    A total of 46 per cent of children surveyed by Engineering UK said jobs related to driverless cars were a recognisable Stem career. Reuters
  • A total of 33 per cent of children surveyed by Engineering UK said jobs related to the Metaverse were a recognisable Stem career. Reuters
    A total of 33 per cent of children surveyed by Engineering UK said jobs related to the Metaverse were a recognisable Stem career. Reuters
  • A total of 24 per cent of children surveyed by Engineering UK said jobs related to TikTok were a recognisable Stem career. AFP
    A total of 24 per cent of children surveyed by Engineering UK said jobs related to TikTok were a recognisable Stem career. AFP
  • A total of 19 per cent of children surveyed by Engineering UK said jobs related to crowdfunding websites were a recognisable Stem career. Getty Images
    A total of 19 per cent of children surveyed by Engineering UK said jobs related to crowdfunding websites were a recognisable Stem career. Getty Images

"I think that's something that we need to talk about more and figure out where the problem is happening and hear from the women who are facing those struggles."

The National has previously reported that part-time jobs, flexible hours and shift-based work could help Emirati women pursue Stem careers.

Data published by the Federal Competitiveness and Statistics Authority in 2017 showed that close to 60 per cent of Emirati women were active in the workforce by their mid-20s.

But this fell as they entered their 30s, a time when many women have children. Employment dropped significantly among Emirati women in their 40s.

Role models are key

Ms Alsuwaidi said it was important for young women to see other females making a mark in their chosen career.

"If you get to see examples and you get to be a part of the Stem environment early on, that really plays a huge role," she said.

"I think that one of the challenges is being able to see people who act like you or look like you ... if you don't have that, it can be a bit scary for you to enter a field that's very cut-throat."

She said it was important for Emirati women working in Stem fields to be role models for those following in their footsteps.

“I think what inspired me and what I would like to hopefully do for other women in Stem is just be able to talk to people who are honest, and who share with you their true experience, not just the happy bright side but the ups and downs," she said.

Changing attitudes

When Hessa Al Matroushi started work on the Emirates Mars Mission in 2014, she looked for Emirati graduates with science degrees but while she found engineers, finding Stem graduates proved a challenge.

“We found engineers, but we didn't find people who were employed in sciences, like physics or chemistry … we could find only a few of them," said Ms Al Matroushi, who leads the science team for the Emirates Mars Mission.

“We were asking the question why and one reason was that parents were not supporting such degrees because they couldn't project what kind of career their children would have if they went into such majors.

“They couldn't see the potential of such majors. They thought if you studied maths you could only be a teacher.

“We understood that we had to change the mindset of people, not only pupils but parents as well.”

Ms Al Matroushi's team created opportunities for learners to engage in science and reached out to parents through events and workshops to open up the dialogue and address their concerns.

Emirates Mars Mission - in pictures

  • The UAE’s Hope probe has captured a striking image of Phobos, the largest Martian moon, here seen in front of the Red Planet. Andrea Luck / Hope Mars Mission
    The UAE’s Hope probe has captured a striking image of Phobos, the largest Martian moon, here seen in front of the Red Planet. Andrea Luck / Hope Mars Mission
  • Here, Phobos is clearly visible above the Martian surface. Photo: Jason Major / Hope Mars Mission
    Here, Phobos is clearly visible above the Martian surface. Photo: Jason Major / Hope Mars Mission
  • Phobos, which got its name from Greek mythology, circles the planet only 6,000 kilometres above the surface. Photo: Jason Major / Hope Mars Mission
    Phobos, which got its name from Greek mythology, circles the planet only 6,000 kilometres above the surface. Photo: Jason Major / Hope Mars Mission
  • Hope's high-resolution camera, called the eXploration imager instrument, allows space enthusiasts to create stunning images of the planet. Photo: Andre Luck / Hope Mars Mission
    Hope's high-resolution camera, called the eXploration imager instrument, allows space enthusiasts to create stunning images of the planet. Photo: Andre Luck / Hope Mars Mission
  • A close-up view of Olympus Mons, the largest and tallest mountain in the solar system, and the Tharsis Montes region. This image was processed by Dr Dimitra Atri of NYUAD using Hope probe's raw data. Photo: Dr Dimitra Atri / Hope Mars Mission
    A close-up view of Olympus Mons, the largest and tallest mountain in the solar system, and the Tharsis Montes region. This image was processed by Dr Dimitra Atri of NYUAD using Hope probe's raw data. Photo: Dr Dimitra Atri / Hope Mars Mission
Dr Afridi's warning signs of digital addiction

Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.

Experiencing sleep disturbances or changes in sleep patterns.

What are the guidelines?

Under 18 months: Avoid screen time altogether, except for video chatting with family.

Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.

Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.

Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.

Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

Source: American Paediatric Association
A cheaper choice

Vanuatu: $130,000

Why on earth pick Vanuatu? Easy. The South Pacific country has no income tax, wealth tax, capital gains or inheritance tax. And in 2015, when it was hit by Cyclone Pam, it signed an agreement with the EU that gave it some serious passport power.

Cost: A minimum investment of $130,000 for a family of up to four, plus $25,000 in fees.

Criteria: Applicants must have a minimum net worth of $250,000. The process take six to eight weeks, after which the investor must travel to Vanuatu or Hong Kong to take the oath of allegiance. Citizenship and passport are normally provided on the same day.

Benefits:  No tax, no restrictions on dual citizenship, no requirement to visit or reside to retain a passport. Visa-free access to 129 countries.

MIDWAY

Produced: Lionsgate Films, Shanghai Ryui Entertainment, Street Light Entertainment
Directed: Roland Emmerich
Cast: Ed Skrein, Woody Harrelson, Dennis Quaid, Aaron Eckhart, Luke Evans, Nick Jonas, Mandy Moore, Darren Criss
Rating: 3.5/5 stars

Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

'Joker'

Directed by: Todd Phillips

Starring: Joaquin Phoenix

Rating: Five out of five stars

SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2a)
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%206.7%E2%80%9D%20flexible%20Amoled%2C%202412%20x%201080%2C%20394ppi%2C%20120Hz%2C%20Corning%20Gorilla%20Glass%205%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20MediaTek%20Dimensity%207200%20Pro%2C%204nm%2C%20octa-core%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F12GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECapacity%3A%3C%2Fstrong%3E%20128%2F256GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20Android%2014%2C%20Nothing%20OS%202.5%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%3A%3C%2Fstrong%3E%20Dual%2050MP%20main%2C%20f%2F1.88%20%2B%2050MP%20ultra-wide%2C%20f%2F2.2%3B%20OIS%2C%20EIS%2C%20auto-focus%2C%20ultra%20XDR%2C%20night%20mode%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%20video%3A%3C%2Fstrong%3E%204K%20%40%2030fps%2C%20full-HD%20%40%2060fps%3B%20slo-mo%20full-HD%20at%20120fps%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFront%20camera%3A%3C%2Fstrong%3E%2032MP%20wide%2C%20f%2F2.2%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%205000mAh%3B%2050%25%20in%2030%20mins%20w%2F%2045w%20charger%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%2C%20Bluetooth%205.3%2C%20NFC%20(Google%20Pay)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBiometrics%3A%3C%2Fstrong%3E%20Fingerprint%2C%20face%20unlock%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20USB-C%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDurability%3A%3C%2Fstrong%3E%20IP54%2C%20limited%20protection%20from%20water%2Fdust%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECards%3A%3C%2Fstrong%3E%20Dual-nano%20SIM%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Black%2C%20milk%2C%20white%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20Nothing%20Phone%20(2a)%2C%20USB-C-to-USB-C%20cable%2C%20pre-applied%20screen%20protector%2C%20SIM%20tray%20ejector%20tool%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%20(UAE)%3A%3C%2Fstrong%3E%20Dh1%2C199%20(8GB%2F128GB)%20%2F%20Dh1%2C399%20(12GB%2F256GB)%3C%2Fp%3E%0A
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 five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Six large-scale objects on show
  • Concrete wall and windows from the now demolished Robin Hood Gardens housing estate in Poplar
  • The 17th Century Agra Colonnade, from the bathhouse of the fort of Agra in India
  • A stagecloth for The Ballet Russes that is 10m high – the largest Picasso in the world
  • Frank Lloyd Wright’s 1930s Kaufmann Office
  • A full-scale Frankfurt Kitchen designed by Margarete Schütte-Lihotzky, which transformed kitchen design in the 20th century
  • Torrijos Palace dome
'Cheb%20Khaled'
%3Cp%3E%3Cstrong%3EArtist%3A%20%3C%2Fstrong%3EKhaled%3Cbr%3E%3Cstrong%3ELabel%3A%20%3C%2Fstrong%3EBelieve%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
The specs

Engine: 3.0-litre flat-six twin-turbocharged

Transmission: eight-speed PDK automatic

Power: 445bhp

Torque: 530Nm

Price: Dh474,600

On Sale: Now

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

Top%2010%20most%20competitive%20economies
%3Cp%3E1.%20Singapore%0D%3Cbr%3E2.%20Switzerland%0D%3Cbr%3E3.%20Denmark%0D%3Cbr%3E4.%20Ireland%0D%3Cbr%3E5.%20Hong%20Kong%0D%3Cbr%3E6.%20Sweden%0D%3Cbr%3E7.%20UAE%0D%3Cbr%3E8.%20Taiwan%0D%3Cbr%3E9.%20Netherlands%0D%3Cbr%3E10.%20Norway%0D%3Cbr%3E%3C%2Fp%3E%0A
Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

At a glance

- 20,000 new jobs for Emiratis over three years

- Dh300 million set aside to train 18,000 jobseekers in new skills

- Managerial jobs in government restricted to Emiratis

- Emiratis to get priority for 160 types of job in private sector

- Portion of VAT revenues will fund more graduate programmes

- 8,000 Emirati graduates to do 6-12 month replacements in public or private sector on a Dh10,000 monthly wage - 40 per cent of which will be paid by government

Five famous companies founded by teens

There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:

  1. Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate. 
  2. Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc. 
  3. Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway. 
  4. Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
  5. Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.
EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

Afcon 2019

SEMI-FINALS

Senegal v Tunisia, 8pm

Algeria v Nigeria, 11pm

Matches are live on BeIN Sports

Naga
%3Cp%3E%3Cstrong%3EDirector%3A%C2%A0%3C%2Fstrong%3EMeshal%20Al%20Jaser%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%C2%A0%3C%2Fstrong%3EAdwa%20Bader%2C%20Yazeed%20Almajyul%2C%20Khalid%20Bin%20Shaddad%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A
The specs: 2018 Ducati SuperSport S

Price, base / as tested: Dh74,900 / Dh85,900

Engine: 937cc

Transmission: Six-speed gearbox

Power: 110hp @ 9,000rpm

Torque: 93Nm @ 6,500rpm

Fuel economy, combined: 5.9L / 100km

PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

LUKA CHUPPI

Director: Laxman Utekar

Producer: Maddock Films, Jio Cinema

Cast: Kartik Aaryan, Kriti Sanon​​​​​​​, Pankaj Tripathi, Vinay Pathak, Aparshakti Khurana

Rating: 3/5

Company Profile

Company name: Yeepeey

Started: Soft launch in November, 2020

Founders: Sagar Chandiramani, Jatin Sharma and Monish Chandiramani

Based: Dubai

Industry: E-grocery

Initial investment: $150,000

Future plan: Raise $1.5m and enter Saudi Arabia next year

The 12 Syrian entities delisted by UK 

Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV

Company%20profile
%3Cp%3EName%3A%20Tabby%3Cbr%3EFounded%3A%20August%202019%3B%20platform%20went%20live%20in%20February%202020%3Cbr%3EFounder%2FCEO%3A%20Hosam%20Arab%2C%20co-founder%3A%20Daniil%20Barkalov%3Cbr%3EBased%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Payments%3Cbr%3ESize%3A%2040-50%20employees%3Cbr%3EStage%3A%20Series%20A%3Cbr%3EInvestors%3A%20Arbor%20Ventures%2C%20Mubadala%20Capital%2C%20Wamda%20Capital%2C%20STV%2C%20Raed%20Ventures%2C%20Global%20Founders%20Capital%2C%20JIMCO%2C%20Global%20Ventures%2C%20Venture%20Souq%2C%20Outliers%20VC%2C%20MSA%20Capital%2C%20HOF%20and%20AB%20Accelerator.%3Cbr%3E%3C%2Fp%3E%0A
Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Updated: January 26, 2023, 10:22 AM