The Emirates Securities and Commodities Authority (ESCA, or sometimes known as the UAE SCA) is the regulator of the two main UAE stock exchanges, the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX). In 2021 it mandated a quota for women to hold at least one board seat in each listed company by 2025 and is aiming for a 20 percent representation of women on boards.
Reporting on the Emirates Securities and Commodities Authority (ESCA)’s mandate to put one woman director on every UAE listed board, Asharq Business Bloomberg says that women have only taken four new seats at listed companies on the two main UAE stock exchanges in the two months since, with 96 percent of positions held by men.
Aurora50’s Diana Wilde writes in The National about how diverse boardrooms are both fairer and more profitable.
The UAE leadership understands the link between the representation of women in organisations and better financial results, Aurora50 co-founder Diana Wilde said in an interview with Arabian Business.
Interviewed on Asharq Business Bloomberg after a quota of one woman per listed UAE board was mandated by the Emirates and Securities Commodities Authority (ESCA), Aurora50 co-founder Diana Wilde said: “We have a clear message from the government in the UAE that the economy will grow substantially if gender balance is achieved. The challenge lies in creating a pipeline of women, and the extent of women’s access to boards.”
Aurora50 co-founder Diana Wilde was interviewed on Dubai One’s Emirates News television show to discuss the new Emirates Securities and Commodities Authority (ESCA) quota of one woman per listed board in the UAE by 2025 and the agreement signed with the UAE Central Bank to enhance gender diversity.
Aurora50’s Diana Wilde speaks to Bloomberg Daybreak: Middle East about gender parity on boards in the UAE, as ESCA sets a quota for listed companies of one woman per board.
Speaking to Dubai Eye’s The Business Breakfast after the Emirates Securities and Commodities Authority announced a quota of one woman per listed board in March 2021, Aurora50 co-founder Diana Wilde said the quota was “not tokenistic”.
Listed companies in the UAE must now have at least one female director on their boards, market regulator ESCA says.
Aurora50 co-founder Sheikha Shamma bint Sultan bin Khalifa Al Nahyan writes in The National about the ‘Great Reset’ and what it means for UAE women in the boardroom.
