UAE makes women on board mandatory for private joint-stock cos from 2025

The United Arab Emirates on Wednesday announced mandating private joint-stock companies in the country to allocate at least one seat for women on their boards of directors after the completion of the current board's term.

The United Arab Emirates' Ministry of Economy further announced that the implementation of this decision will commence in January 2025 and urged the private joint-stock companies to factor this requirement into their future board restructuring plans.

This decision is a vital component of the nation's broader strategy to enhance diversity in the corporate sector and increase women's representation in leadership roles, the Ministry announced on Wednesday.

The Ministerial Resolution 137 of 2024, which addresses the regulation of private joint-stock companies' governance and operations, follows a similar initiative previously applied to public joint-stock companies, it said, adding, the earlier decision has already yielded positive results, enhancing institutional ...