23rd Oct 2024
Your ultimate source for the latest updates and insights into Dubai’s vibrant property market. Keeping you up to date with everything that is happening in the Dubai property market, we cover luxury developments, emerging trends, and investment opportunities, The UAE Ministry of Economy has announced a groundbreaking initiative to boost gender diversity in the corporate sector. Starting January 2025, private joint-stock companies will be required to reserve at least one seat on their boards of directors for women. Here’s everything to know… This new directive is part of a broader effort to increase women’s participation in leadership roles across various sectors in the UAE outside of publicly listed companies. The Ministry has urged companies to factor this requirement into their board restructuring plans as current board terms come to an end and by 2025-this needs to be in effect.
