Dubai: Shaikha Manal Bint Mohammad Bin Rashid Al Maktoum, president of the UAE Gender Balance Council, praised the UAE Cabinet’s approval on the decision to restructure the council.
The council was founded to narrow the gender gap across all sectors and decision-making positions, and support the UAE’s vision to become one of the world’s leading countries on the matter, a statement from the Dubai Media Office said.
The social gender data bank is currently 75 per cent complete. The 20×21 initiative, which aims to increase the representation of women on boards of directors to 20 per cent in both the public and private sectors by 2021, is 64 per cent complete.
Currently, female representation stands at 17 per cent across government entities at a federal level, and at 3.5 per cent across UAE-listed public joint stock companies.
The guide, which will be launched in collaboration with the Securities and Commodities Authority (SCA), will ensure that the nomination and selection process is in line with UAE governance standards.
