As Emirati women take on a growing role in the UAE’s economy, NAMA Women Advancement has launched its NAMA Talks series to equip women with the financial and economic awareness needed to make informed decisions. The first two sessions, held in Sharjah city and Khorfakkan, were held under the theme ‘Empowering Women through Financial Risk: Awareness and Understanding’.
By the Numbers
The initiative comes as women’s participation in the UAE economy reaches new heights:
- 46%: The percentage of the workforce in the UAE made up by women in 2024.
- 135,000+: The number of commercial licenses owned by women in 2024, a 23% increase from the previous year.
- 45%: The projected percentage of total funds in European and US banks that will be controlled by women by 2030, up from 30% currently.
Practical Advice and Personal Insights for Financial Empowerment
The first sessions of NAMA Talks focused on providing practical advice and building confidence through open discussions on how to avoid fraud and debt. The session, led by H.E. Judge Dr. Salama Rashid Al Ketbi, Head of the Judicial Inspection Department at the Sharjah Judicial Department, highlighted essential practices such as documenting all financial transactions, reading contracts thoroughly, and being cautious with general powers of attorney. Participants praised the session’s unique blend of legal insight and financial education, with one noting, “Seeing real-life examples made the legal concepts much easier to understand and apply in real life”. To ensure lasting impact, attendees also received a digital guide titled “Protect Yourself Financially”.
A Broader Vision for Empowerment
The session on financial risk is part of a larger five-session series under the NAMA Talks initiative. The series will focus on three core themes: financial risk awareness, careers in STEM, and income generation using artificial intelligence (AI). These themes reflect NAMA’s strategic vision to cultivate a community of informed, empowered women who can actively contribute to shaping inclusive economic and social development.
Source: My Startup World
