Page 294 - Ministry of Economy - December 2017

12/26/2017 Dubai News | News Centre | Dubai Government Media Office
Global Standards for the Gender Balance Index
HE Mona Al Marri, Vice President of the UAE Gender Balance Council said that the UAE’s Gender Balance Index is based
on the highest national and global benchmarks that include the UAE Cabinet’s national indicators and the United Nations
Development Programme’s (UNDP) ‘Gender Inequality Index’.
Best Personality for Supporting Gender Balance … Abdullah bin Zayed
The first category of the Index recognises individuals who have played a key role in their organisation to achieve gender
balance, provide equal opportunities and establish an environment that supports both men and women. It also honours
individuals who have positively impacted gender balance locally, regionally and internationally, and contributed to
enhancing the UAE’s ranking in global competitiveness reports.
His Highness Sheikh Abdullah bin Zayed Al Nahyan was named Best Personality for Supporting Gender Balance in
recognition for the strong support he has provided to women in the diplomatic sector, which has helped numerous Emirati
women achieve global success. Currently, women represent 20% of employees in the diplomatic sector in the Ministry of
Foreign Affairs and International Cooperation.
Best Federal Entity for Supporting Gender Balance … The Federal Competitiveness and Statistics Authority
receives the UAE Gender Balance Seal

The selection of the government entity to be awarded the ‘UAE Gender Balance Seal’ was based on three major criteria -
decision-making, education and experience, and a supportive environment for working mothers. Evaluation in this category
was based on statistics from the Federal Authority for Government Human Resources (FAHR), and polls conducted by a
neutral party among more than 64,000 employees in the federal government. The Federal Competitiveness and Statistics
Authority was named the recipient of the ‘UAE Gender Balance Seal’.
Women in Boards in the Securities and Commodities Authority
Evaluation in the third category of Best Initiative for Supporting Gender Balance was based on best practices, projects, and
policies and legislations established to support gender balance.
The Securities and Commodities Authority (SCA) was named the Best Initiative for Supporting Gender Balance category for
its ‘Women in Boards’ initiative, for which it received a trophy. The Authority introduced a requirement for all public
companies listed in the security markets to have female representation on their Boards of Directors, and to ensure that at
least one candidate for each board membership is a woman. This decision, which is in line with international best practices,
as well as SCA’s governance rules, encourages women to run for leading positions on the Boards of Directors of public
shareholding companies. The Authority aims to increase female representation on the Boards of Directors of public
shareholding companies to 20% by 2020.
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