They view it as a pivotal move toward fostering inclusivity and diversity in corporate structures<\/p>\n\n\n\n
This decision aims to enhance the presence and representation of women in leadership roles within these organisations. Many female executives and board members have welcomed this news, viewing it as a pivotal move toward fostering inclusivity and diversity in corporate structures.<\/p>\n\n\n\n
Meera AlMheiri, a board member of the Supreme Council for Motherhood and Childhood, shared her perspective on this initiative, reflecting on the UAE\u2019s commitment to empowering women in leadership. She noted that the decision to promote the participation of Emirati youth on boards, made in June 2019, empowered her to join the Supreme Council for Motherhood and Childhood.<\/p>\n\n\n
Meera AlMheiri. Photo: Supplied<\/p>\n\n\n\n
\u201cThis strategic vision reflects the leadership\u2019s trust in the input of young people for future foresight,\u201d Meera stated. She further emphasised that the new mandate for private joint-stock companies to include at least one woman on their boards underscores a continued dedication to inclusivity and excellence.<\/p>\n\n\n\n
\u201cThe decision recognises the wealth of wisdom and expertise that women bring to organisations and strategic leadership, allowing them to be at the forefront of decision-making,\u201d she added.<\/p>\n\n\n\n
Meera also highlighted the significant role that mentorship from women has played in her own career development, contributing to her professional and personal growth.<\/p>\n\n\n\n
Executives and co-founders in different industries have welcomed the new law as well. Noni Anand, co-founder of Leva Hotels expressed her enthusiasm regarding the UAE’s decision to require women on boards,: \u201cFinally, a boardroom upgrade that comes with a built-in diversity clause! It\u2019s about time the corporates put the \u2018we\u2019 in \u2018we\u2019re all in this together.\u201d<\/p>\n\n\n\n
Anand shared her journey, which began in Toronto, Canada. She faced challenges related to gender bias and work-life balance but successfully navigated these obstacles through mentorship and a commitment to personal growth. \u201cOver the past six years, I\u2019ve witnessed a significant rise in women stepping into their true roles in this industry. The landscape back then was markedly different, with few women in leadership positions,\u201d she told Khaleej Times<\/em>.<\/p>\n\n\n\n \u201cI\u2019m proud of the progress we\u2019ve made and remain committed to promoting diversity, equality, and inclusion,\u201d she added.<\/p>\n\n\n Noni Anand. Photo: Supplied<\/p>\n\n\n\n Noni believes that incorporating women into boards will significantly enrich corporate culture. \u201cThis inclusion will contribute to a more dynamic and well-rounded decision-making process, ultimately driving organisational growth and fostering a more inclusive and collaborative work environment.\u201d<\/p>\n\n\n\n She also noted that increased female representation on boards will enhance business performance. \u201cBringing diverse perspectives leads to more well-rounded and innovative solutions, resulting in more effective decision-making processes,\u201d she explained.<\/p>\n\n\n\n Representation of women in different institutions has always been a priority for the UAE. In 2018, Sheikh Khalifa bin Zayed Al Nahyan, the then-President of the UAE directed authorities to allocate 50 per cent seats for women in the Federal National Council. Women and men in the UAE must also be paid equally for the same job, as per a decree in 2020.<\/p>\n\n\n\n Sulochana Betwala shared her journey to becoming a female executive, emphasizing that her passion for work, rather than a conscious goal, drove her forward. \u201cEvery decision, strategy, and challenge was approached with a ‘get it done’ attitude,\u201d she noted. Despite facing gender bias in a male-dominated tech field, she remained determined and found support through mentorship. \u201cPersistence, determination, and a belief in my work have been my keys to success,\u201d she stated.<\/p>\n\n\n Sulochana Betwala. Photo: Supplied<\/p>\n\n\n\n Regarding the new mandate, Sulochana believes it is a fantastic step toward fostering true inclusion. \u201cHaving diverse perspectives when making decisions is crucial. This initiative is groundbreaking because it breaks barriers that have long existed,\u201d she explained. She views it as a positive move that will create more balanced leadership and foster innovation.<\/p>\n\n\n\n Sulochana also anticipates that the mandate will enhance corporate culture. \u201cWomen tend to bring a people-driven approach to leadership, blending strong business acumen with a focus on the human side of decisions,\u201d she said. This shift can create more employee-centric environments where teams’ well-being is prioritised.<\/p>\n\n\n\n On the impact of increased female representation on business performance, she remarked, \u201cIncreased female representation on boards brings valuable perspectives that complement existing leadership, helping to drive more balanced and comprehensive decisions.\u201d Sulochana emphasises the importance of collaboration between male and female leaders to ensure diverse viewpoints are considered, leading to more innovative and well-rounded outcomes.<\/p>\n\n\n\n Source: Firmz<\/a> Business Setup provides helps in getting an Business License in the Dubai, UAE<\/a>. With expertise in UAE business regulations, personalized solutions, and a comprehensive service range, Firmz Business Setup<\/a> ensures a smoother and cost-effective license acquisition process. The team\u2019s commitment to ongoing assistance contributes to the success of your business setup journey in Dubai.<\/p>\n\n\n\n<\/figure>\n<\/div>\n\n\n
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