Ketevan Bochorishvili, Georgia’s vice minister of economy and sustainable development, speaks at yesterday’s Global Women in Leadership Economic Forum in Dubai. Ravindranath K / The National
Ketevan Bochorishvili, Georgia’s vice minister of economy and sustainable development, speaks at yesterday’s Global Women in Leadership Economic Forum in Dubai. Ravindranath K / The National

Women’s ability to lead praised at Dubai panel discussion



DUBAI // A major glass ceiling will shatter next month if Hillary Clinton becomes the first woman in the Oval Office – yet women only occupy a fifth of US seats in congress and on the world’s corporate boards.

So how can governments enable more women to be brought into senior positions?

This was a topic debated by a panel of politicians at the 18th Global Women in Leadership Economic Forum at the Ritz-Carlton in Dubai International Financial Centre on Monday.

The panel, moderated by The National editor-in-chief, Mohammed Al Otaiba, consisted of the Undersecretary for Economic Affairs, Mohammed Al Shehhi, Georgian vice minister of economy and sustainable development, Ketevan Bochorishvili, and the Lebanese former minister of education, Prof Hassan Diab, who is vice president of the American University of Beirut.

Mr Al Shehhi revealed that he had Sheikha Lubna Al Qasimi, Minister of Tolerance, to thank for joining the government from the private sector 17 years ago.

“I was persuaded to come join the Government by a dear friend of mine, Sheikha Lubna, who at that time was in the Ministry of Economy,” he said.

“I attribute much of my success to her. She was really inspiring to me – a major role model.”

Mr Al Shehhi, who has been witness to “tremendous change” in gender roles, said he felt that the increase in women in the public sector has led to better performance.

His claims are backed up by academic research. A 2012 analysis of the S&P Composite 1,500 found that companies with women in top management experience an increase in “innovation intensity”.

Those companies were worth, on average, about US$40 million, or Dh146.9m, more than those with only male leaders.

“I’ve seen women coming into work more focused on their work than the men,” said Mr Al Shehhi. “Their contribution is much more than the men.

“With the UAE’s vision for a knowledge-based economy, I think women will be a major contributor to innovation in the UAE. Women are very much entrepreneurs.”

In Mr Al Shehhi’s department, 80 per cent of new recruits are now female.

“Within a few years, most senior positions will be women,” he said. “We will have to start making quotas for men because there won’t be a place for us in the workplace.”

Mr Diab admitted that Lebanon had a long way to go to catch up with the UAE in gender equality.

“In the Eastern Municipality elections across Lebanon a few months ago, of the 350 seats won only one was by a woman,” he said. “There is no quota allocation.

“We need more minimum quotas set for women, because having more women in power leads to more transparency, better management and more consistency.

“Unless there are laws in place that protect the rights of women things will not change. The UAE is leading the way in this region.”

In the Georgian ministry of economy, 55 per cent of staff are women. But Ms Bochorishvili said it was just as important to ensure that women were actively involved in the decision-making process.

“It’s very important that male colleagues are promoting women so they are able to make decisions,” she said.

In the UAE, 66 per cent of workers in the public sector are women, and 30 per cent of them are decision-makers, Mr Al Shehhi said.

But he said that more still had to be done to promote women in the private sector.

“We have to remove the psychological obstacles. We can see with family businesses in the UAE how successful women can become.

“But we would still like to see more women starting up their own companies.”

newsdesk@thenational.ae

Results
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Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

The Dark Blue Winter Overcoat & Other Stories From the North
Edited and Introduced by Sjón and Ted Hodgkinson
Pushkin Press 

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Champions League Last 16

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Sporting Lisbon (POR) v Manchester City (ENG) 

Benfica (POR) v Ajax (NED) 

Chelsea (ENG) v Lille (FRA) 

Atletico Madrid (ESP) v Manchester United (ENG) 

Villarreal (ESP) v Juventus (ITA) 

Inter Milan (ITA) v Liverpool (ENG) 

Paris Saint-Germain v Real Madrid (ESP)  

LIVING IN...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

The specs

Engine: 3-litre twin-turbo V6

Power: 400hp

Torque: 475Nm

Transmission: 9-speed automatic

Price: From Dh215,900

On sale: Now

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
The specs

Engine: 1.5-litre 4-cylinder petrol

Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

Price: From Dh79,600

On sale: Now

The specs

  Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now

Jewel of the Expo 2020

252 projectors installed on Al Wasl dome

13.6km of steel used in the structure that makes it equal in length to 16 Burj Khalifas

550 tonnes of moulded steel were raised last year to cap the dome

724,000 cubic metres is the space it encloses

Stands taller than the leaning tower of Pisa

Steel trellis dome is one of the largest single structures on site

The size of 16 tennis courts and weighs as much as 500 elephants

Al Wasl means connection in Arabic

World’s largest 360-degree projection surface

The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Power: 268bhp / 536bhp
Torque: 343Nm / 686Nm
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
On sale: Later this year
MATCH INFO

Uefa Champioons League semi-final:

First leg: Liverpool 5 Roma 2

Second leg: Wednesday, May 2, Stadio Olimpico, Rome

TV: BeIN Sports, 10.45pm (UAE)

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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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COMPANY%20PROFILE
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COMPANY%20PROFILE
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Players Selected for La Liga Trials

U18 Age Group
Name: Ahmed Salam (Malaga)
Position: Right Wing
Nationality: Jordanian

Name: Yahia Iraqi (Malaga)
Position: Left Wing
Nationality: Morocco

Name: Mohammed Bouherrafa (Almeria)
Position: Centre-Midfield
Nationality: French

Name: Mohammed Rajeh (Cadiz)
Position: Striker
Nationality: Jordanian

U16 Age Group
Name: Mehdi Elkhamlichi (Malaga)
Position: Lead Striker
Nationality: Morocco

The specs: 2018 Nissan Patrol Nismo

Price: base / as tested: Dh382,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

Power: 428hp @ 5,800rpm

Torque: 560Nm @ 3,600rpm

Fuel economy, combined: 12.7L / 100km

AIDA%20RETURNS
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Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
UAE currency: the story behind the money in your pockets
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COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EKinetic%207%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Rick%20Parish%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Clean%20cooking%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self-funded%3C%2Fp%3E%0A
The specs

Engine: 2.9-litre twin-turbo V6

Power: 540hp at 6,500rpm

Torque: 600Nm at 2,500rpm

Transmission: Eight-speed auto

Kerb weight: 1580kg

Price: From Dh750k

On sale: via special order

The%C2%A0specs%20
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