Alvaro Sanmarti / The National
Alvaro Sanmarti / The National

Governance in focus: Survey launched on participation of women in leadership and board roles



Hawkamah, the Institute for Corporate Governance in the UAE, has launched a survey to gauge the level of participation of women in leadership and board roles at listed companies across the Arabian Gulf.

“The objective of the survey is to find out the facts about female leaders and board members of listed companies in the GCC,” Hawkamah said in its preamble to the survey.

“This includes women representation, challenges, and ways to reduce barriers. The survey scope is limited to public listed companies although responses from other types of companies are welcomed.”

Companies have until July 5 to take part in the survey, which is accessible via Hawkamah's website.

The Arab Women Organisation said earlier this month that 111 Emirati women are running for board posts at companies listed on the two main stock exchanges, with women currently holding just 1.5 per cent of board seats in the UAE.

Such a figure is significantly lower than the global average of 16 per cent of board seats being held by women, according to the annual Grant Thornton Corporate Governance Review.

The Securities and Commodities Authority (SCA) published new rules in April stating that at least 20 per cent of candidates for a company’s board seats should be women.

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Governance in focus

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Teamwork: The board is a team, and that's how it must work

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Awareness: UAE companies increasingly aware of gains to be had

AGMs: When annual meetings become forums for confrontation

Virtual AGMs: When the AGM is everything but personal

Editor's letter: An issue important to our well-being

History: Be good, because investors are watching more closely

Poll: Corporate governance in the UAE – have your say

Analysis: A good board brings right mix of knowledge and culture

Gender equality: 30% Club GCC chapter to boost women numbers on company boards

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business@thenational.ae

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COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

The biog

Date of birth: 27 May, 1995

Place of birth: Dubai, UAE

Status: Single

School: Al Ittihad private school in Al Mamzar

University: University of Sharjah

Degree: Renewable and Sustainable Energy

Hobby: I enjoy travelling a lot, not just for fun, but I like to cross things off my bucket list and the map and do something there like a 'green project'.

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  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
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  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills

Black Panther
Dir: Ryan Coogler
Starring: Chadwick Boseman, Michael B Jordan, Lupita Nyong'o
Five stars

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
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Fuel economy, combined: 13.8L/100km
On sale: Available to order now
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Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

The bio:

Favourite film:

Declan: It was The Commitments but now it’s Bohemian Rhapsody.

Heidi: The Long Kiss Goodnight.

Favourite holiday destination:

Declan: Las Vegas but I also love getting home to Ireland and seeing everyone back home.

Heidi: Australia but my dream destination would be to go to Cuba.

Favourite pastime:

Declan: I love brunching and socializing. Just basically having the craic.

Heidi: Paddleboarding and swimming.

Personal motto:

Declan: Take chances.

Heidi: Live, love, laugh and have no regrets.

 

The specs

Engine: 1.5-litre 4-cylinder petrol

Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

Price: From Dh79,600

On sale: Now

The Year Earth Changed

Directed by:Tom Beard

Narrated by: Sir David Attenborough

Stars: 4

THE DETAILS

Solo: A Star Wars Story

Director: Ron Howard

2/5

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