Emirates Global Aluminium, the UAE’s biggest industrial company outside the oil and gas sector, is increasing the number of women in supervisory roles at the firm to improve gender diversity and access a wider talent pool of female employees.
EGA, equally owned by Mubadala and Investment Corporation of Dubai, plans to increase the proportion of women in supervisory positions at its operations in the UAE to 25 per cent by 2025, from the current 18 per cent, it said in a statement on Thursday.
"We recognise that setting a target is just the beginning," said EGA chief executive Abdulnasser bin Kalban. "To achieve it, we will develop further our inclusive leadership and culture, and focus on developing and progressing our high performing female employees.”
The comments came ahead of Emirati Women's Day on August 28. This will be the annual event's sixth year and, with 2021 marking the UAE's Year of the 50th, Sheikha Fatima bint Mubarak has announced that the theme this year theme will be "Women: Ambitions & Inspiration for the Next 50 Years".
“Improving diversity enhances business performance," Mr Kalban said. "Although we have made considerable progress at EGA, we recognise that we need to do more."
The company tracks gender balance in recruitment, retention and succession planning.
“The UAE is one of only a few countries in the world where more women than men graduate with degrees in science, technology, engineering and mathematics," said Iman Al Qasim, EGA's executive vice president of human capital. "It is important to our future success that EGA recruits and retains the most able people from this talent pool and focuses on embedding gender diversity goals in our long-term human capital vision.”
EGA is rolling out a mentoring programme for women – led by senior executives in the company – focused on personal development and career growth.
Last year the company launched the EGA Women’s Network, a forum for women at all levels of the company to share their achievements and challenges.
EGA is a partner of Aurora50, a UAE initiative to build the pipeline of women with the experience required for board-level positions. Six positions on subsidiary boards within EGA have been filled by women since the start of 2021.
"The 25 per cent target is a great step in the right direction and I am confident that we will be able to further build on this with the initiatives that EGA is putting in place to support and develop women," said Katherine Hahm, EGA General Counsel and the company's head of compliance and company secretary, as well as chairwoman of the Women’s Network.
In March, the Securities and Commodities Authority said listed companies in the UAE now need to have at least one female director on their boards.
The move is one of many being taken to boost female representation at the highest levels of UAE business. Earlier this year, the Central Bank of the UAE signed an agreement with Aurora50, which was co-founded by Sheikha Shamma bint Sultan bin Khalifa, aimed at increasing the number of women on the boards of public and private UAE companies. The two entities said they would promote the exchange of information and build a strong pipeline of female talent.
Profile
Company: Justmop.com
Date started: December 2015
Founders: Kerem Kuyucu and Cagatay Ozcan
Sector: Technology and home services
Based: Jumeirah Lake Towers, Dubai
Size: 55 employees and 100,000 cleaning requests a month
Funding: The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups.
Women’s World T20, Asia Qualifier, in Bangkok
UAE fixtures Mon Nov 20, v China; Tue Nov 21, v Thailand; Thu Nov 23, v Nepal; Fri Nov 24, v Hong Kong; Sun Nov 26, v Malaysia; Mon Nov 27, Final
(The winners will progress to the Global Qualifier)
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
Seemar’s top six for the Dubai World Cup Carnival:
1. Reynaldothewizard
2. North America
3. Raven’s Corner
4. Hawkesbury
5. New Maharajah
6. Secret Ambition
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
MATCH INFO
Barcelona 4 (Messi 23' pen, 45 1', 48', Busquets 85')
Celta Vigo 1 (Olaza 42')
2025 Fifa Club World Cup groups
Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, Leon.
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
MATCH INFO
Championship play-offs, second legs:
Aston Villa 0
Middlesbrough 0
(Aston Villa advance 1-0 on aggregate)
Fulham 2
Sessegnon (47'), Odoi (66')
Derby County 0
(Fulham advance 2-1 on aggregate)
Final
Saturday, May 26, Wembley. Kick off 8pm (UAE)
Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
CHELSEA SQUAD
Arrizabalaga, Bettinelli, Rudiger, Christensen, Silva, Chalobah, Sarr, Azpilicueta, James, Kenedy, Alonso, Jorginho, Kante, Kovacic, Saul, Barkley, Ziyech, Pulisic, Mount, Hudson-Odoi, Werner, Havertz, Lukaku.
Spare
Profile
Company name: Spare
Started: March 2018
Co-founders: Dalal Alrayes and Saurabh Shah
Based: UAE
Sector: FinTech
Investment: Own savings. Going for first round of fund-raising in March 2019
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The specs
Engine: 3.5-litre V6
Power: 272hp at 6,400rpm
Torque: 331Nm from 5,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.7L/100km
On sale: now
Price: Dh149,000
ESSENTIALS
The flights
Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.
The hotels
Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.
The tours
A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages.
Election pledges on migration
CDU: "Now is the time to control the German borders and enforce strict border rejections"
SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom"
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The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
Company profile
Name: Dukkantek
Started: January 2021
Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani
Based: UAE
Number of employees: 140
Sector: B2B Vertical SaaS(software as a service)
Investment: $5.2 million
Funding stage: Seed round
Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office
More on Yemen's civil war
Killing of Qassem Suleimani
Ipaf in numbers
Established: 2008
Prize money: $50,000 (Dh183,650) for winners and $10,000 for those on the shortlist.
Winning novels: 13
Shortlisted novels: 66
Longlisted novels: 111
Total number of novels submitted: 1,780
Novels translated internationally: 66
