ABU DHABI // The nation is beginning to exploit a precious natural resource. One that, unlike oil, will never be exhausted.
The female workforce.
Emirati women have access to some of the best education in the world, and their minds are teeming with ideas that could advance the country.
However, employers are not tapping into this resource as well as they might.
According to government statistics 77 per cent of women go onto universities, and three quarters of university students are women.
However this does not translate into the workplace: women make up only 25 per cent of the Emirati workforce.
A small study from the American University of Sharjah looked at the discrepancy between the number of women with post-secondary education in the country and the number of women who work in the UAE.
"My study indicated that women are ready to go into the workforce but there is something that is holding them back," said Dr Meenaz Kassam, a professor in the department of international studies.
The research studied the opinions of 68 Emiratis, aged 17 to 26, on the subject of women and empowerment. During a focus-group session several factors that keep women from working emerged. Some of the factors were societal, such as family pressure not to work in the public arena and concern that a working wife might imply that the husband cannot provide for the family.
However, many of the hurdles for women in the workforce come not from their families but from their employers.
The research group identified lack of support for women to balance work and family, leading to many women never returning to the workplace after having children. They also thought that businesses preferred to hire people from overseas instead of local women.
"When you ask women whether they'd like to work, they all say that they'd like to work once they leave university," Dr Kassam said. "Then they encounter the reality that women from good families don't do this. This rule is almost unspoken."
This is further complicated by the fact that many women marry around the same time that they graduate; they immediately have to balance family with job.
"Women in the workplace is just a matter of time. There is a group of women who are ready, who can do it. But there has got to be parental approval and husband approval."
That is true for Safia al Arzouqi, 37, an Emirati woman who works in the financial sector. Despite more than 14 years in the industry, she would likely stop working if she married. "Whether I quit will be my husband's decision," she said.
She said she would welcome childcare at work and the option of flexible hours or part-time employment because it would be more likely she could continue to work.
"What bothers me the most is that people consider a woman who decides to leave the workforce to take care of her family as a sign of failure," said Sarah Shaw, 26. "Some might say that men can have the best of both worlds, that men can have a family but still manage to have a career. But the role of a mother is completely different."
Unlike many countries in the GCC, women in the UAE are not barred from any careers. But hurdles exist.
"The barrier is the social aspect, from society or their family or the community that they live in," Ms Shaw said.
This issue is further complicated by social-networking, which normally happens in the male majlises. Women might be told what was discussed by male relatives or fellow employees, but they are excluded from these informal meetings. "It is a cultural thing, Ms Shaw said.
Ms Shaw would like to see employer concessions such as the ability to work from home and flexible working hours. She believes such changes would benefit everyone in the workplace.
"It is about men as well," said Dr May al Dabbagh, director of the gender and public programme at the Dubai School of Government. She said studies have indicated men can react positively to workplace change, as well.
Women are more likely to continue working when they have support from their employer and their family to balance both sets of responsibilities. As the roles for women change, men will have to evaluate their new responsibilities as well.
"His ability to be involved with his family does not mean he is not masculine, but rather that he is being a good father," Dr al Dabbagh said.
She added: "This is a new role for men but it is not something that diminishes them."
amcmeans@thenational.ae
MATCH INFO
Burnley 0
Man City 3
Raheem Sterling 35', 49'
Ferran Torres 65'
CHATGPT%20ENTERPRISE%20FEATURES
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MATCH INFO
Day 2 at the Gabba
Australia 312-1
Warner 151 not out, Burns 97, Labuschagne 55 not out
Pakistan 240
Shafiq 76, Starc 4-52
Killing of Qassem Suleimani
The biog
Favourite book: You Are the Placebo – Making your mind matter, by Dr Joe Dispenza
Hobby: Running and watching Welsh rugby
Travel destination: Cyprus in the summer
Life goals: To be an aspirational and passionate University educator, enjoy life, be healthy and be the best dad possible.
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 SIXTH SENSE
Starring: Bruce Willis, Toni Collette, Hayley Joel Osment
Director: M. Night Shyamalan
Rating: 5/5
UAE currency: the story behind the money in your pockets
Traces%20of%20Enayat
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What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
'Gehraiyaan'
Director:Shakun Batra
Stars:Deepika Padukone, Siddhant Chaturvedi, Ananya Panday, Dhairya Karwa
Rating: 4/5
Vikram%20Vedha
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Gayatri%2C%20Pushkar%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Hrithik%20Roshan%2C%20Saif%20Ali%20Khan%2C%20Radhika%20Apte%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%C2%A0%3C%2Fstrong%3E3.5%2F5%3C%2Fp%3E%0A
Who is Ramon Tribulietx?
Born in Spain, Tribulietx took sole charge of Auckland in 2010 and has gone on to lead the club to 14 trophies, including seven successive Oceania Champions League crowns. Has been tipped for the vacant New Zealand national team job following Anthony Hudson's resignation last month. Had previously been considered for the role.
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
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
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
COMPANY%20PROFILE
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COMPANY%20PROFILE
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