UAE has taken a key step towards sustainable development and gender equality. Driving diversity and empowering women in leadership roles, the Emirates has mandated female representation in private company boards. Private joint-stock companies in the UAE will be required to have at least one woman on their board of directors starting January 2025, under a new directive by the Ministry of Economy. This decision is based on the mandate established in 2021. Women have faced stringent social standards and harsh forms of discrimination. But as times change, society and the world strive to empower women by encouraging their involvement in the cultural sector and the social, economic, and political sectors. Gender equality is the foundation for a fair and just society, where everyone has the same rights and opportunities to grow. It is becoming a cross-cutting objective and a key focus of national policies, budgets, and institutions.
This progressive move perfectly aligns with the unwavering vision of HH Sheikh Mohammed bin Rashid Al Maktoum, who has staunchly advocated for the empowerment of women as indispensable to the UAE’s sustainable development and global competitiveness. By setting up regulations to empower women through positions on the board of directors, the UAE fosters inclusion, respect, and progress for future generations.