Globally, the gender gap has closed by 0.1 percentage points since last year. AFP
Globally, the gender gap has closed by 0.1 percentage points since last year. AFP
Globally, the gender gap has closed by 0.1 percentage points since last year. AFP
Globally, the gender gap has closed by 0.1 percentage points since last year. AFP

Gender parity five generations away though global elections offer hope, WEF report says


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While the world has closed the gender equality gap by almost 70 per cent, at the current pace it will take another 134 years to achieve full parity, though global elections offer some hope, the World Economic Forum said in a new report.

“Despite some bright spots, the slow and incremental gains highlighted in this year's Global Gender Gap Report underscore the urgent need for a renewed global commitment to achieving gender parity, particularly in economic and political spheres,” said Saadia Zahidi, managing director of the WEF.

“We cannot wait until 2158 for parity. The time for decisive action is now.”

Globally, the gender gap has closed by 0.1 percentage points since last year, according to the report.

Women’s representation in the political sphere has increased at the federal and local level, though top-level positions remain largely inaccessible globally, the report said.

With more than 60 national elections this year and the largest percentage of the global population in history set to vote, representation could further improve.

The Middle East and North Africa ranked last out of eight global regions, with a score of 61.7 per cent, though the report noted that it has seen marked strides in women's educational attainment.

While labour force participation remains low, major progress has been made in the UAE, Saudi Arabia and Bahrain in recent years, the report said.

The UAE and Israel were the top regional performers, and the only Mena countries to break the top 100.

Workforce participation

While parity in women’s labour force participation has improved, regional differences remain.

“The slow progress that had been made in women being hired into leadership roles is now starting to erode from a peak seen in 2022,” said Sue Duke, vice president of global public policy and economic graph at LinkedIn.

“As the global economy has cooled, it is women that have been disproportionately hit, reinforcing the systemic issues that hold women back in the workplace.”

LinkedIn data has shown that women's workforce representation remains below men's in nearly every industry and economy, with women accounting for 42 per cent of the global workforce and about 32 per cent of senior leaders.

There has, however, been a significant rise in women's participation in Stem fields, particularly artificial intelligence engineering, which has more than doubled since 2016.

“We are reaching a pivotal moment as generative AI starts to impact the labour market with a recalibration of the skills employers value most,” Ms Duke said.

“Employers must ensure they apply a gender lens to their approach in upskilling to establish the future workplace in a fair and equitable way.”

The Global Gender Gap Report, first published in 2006, is the longest-standing index tracking progress on gender parity worldwide, presenting data and analysis of gender-based gaps in economic participation, educational attainment, health and survival, and political empowerment.

RESULT

Kolkata Knight Riders 169-7 (20 ovs)
Rajasthan Royals 144-4 (20 ovs)

Kolkata win by 25 runs

Next match

Sunrisers Hyderabad v Kolkata Knight Riders, Friday, 5.30pm

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

SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2A)
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Tree of Hell

Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla

Director: Raed Zeno

Rating: 4/5

UAE currency: the story behind the money in your pockets
Scoreline:

Everton 4

Richarlison 13'), Sigurdsson 28', ​​​​​​​Digne 56', Walcott 64'

Manchester United 0

Man of the match: Gylfi Sigurdsson (Everton)

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

ONCE UPON A TIME IN GAZA

Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi

Directors: Tarzan and Arab Nasser

Rating: 4.5/5

VEZEETA PROFILE

Date started: 2012

Founder: Amir Barsoum

Based: Dubai, UAE

Sector: HealthTech / MedTech

Size: 300 employees

Funding: $22.6 million (as of September 2018)

Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC

ICC Women's T20 World Cup Asia Qualifier 2025, Thailand

UAE fixtures
May 9, v Malaysia
May 10, v Qatar
May 13, v Malaysia
May 15, v Qatar
May 18 and 19, semi-finals
May 20, final

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. 

Ms Yang's top tips for parents new to the UAE
  1. Join parent networks
  2. Look beyond school fees
  3. Keep an open mind

COMPANY PROFILE

Name: Rain Management

Year started: 2017

Based: Bahrain

Employees: 100-120

Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund

Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

White hydrogen: Naturally occurring hydrogenChromite: Hard, metallic mineral containing iron oxide and chromium oxideUltramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica contentOphiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on landOlivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour

Company%20profile
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AUSTRALIA SQUAD

Tim Paine (captain), Sean Abbott, Pat Cummins, Cameron Green, Marcus Harris, Josh Hazlewood, Travis Head, Moises Henriques, Marnus Labuschagne, Nathan Lyon, Michael Neser, James Pattinson, Will Pucovski, Steve Smith, Mitchell Starc, Mitchell Swepson, Matthew Wade, David Warner

Updated: June 11, 2024, 10:01 PM