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GCC BOARD GENDER INDEX 2026 HIGHLIGHTS CONTINUED PROGRESS AS WOMEN’S REPRESENTATION REACHES 7% ACROSS GCC BOARDS

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Heriot-Watt University and Aurora50 have today released the ‘GCC Board Gender Index Report 2026‘, marking the third edition of this comprehensive study of women’s representation on the boards of publicly listed companies in the GCC.

For the third consecutive year, the report remains the only index of its kind to provide a unified view of board composition across all GCC local stock exchanges. The findings continue to highlight steady, incremental progress towards more inclusive corporate leadership across the region.

Key findings from this report are as follows:

  • As of January 2026, women hold 7% of board positions across the GCC, up from 6.9% in 2025, reflecting a 1.4% year-on-year increase. While growth remains gradual, the data points to sustained momentum in advancing gender diversity in boardrooms.
  • The index now covers 759 publicly listed companies across the GCC. Over the past year, the total number of board seats has increased from 5,668 to 5,755, representing a 1.5% rise.
  • A total of 341 women now hold 403 board positions, up from 334 women and 390 seats in 2025. This reflects growth in both the number of women directors (2.1%) and board positions held (3.3%) across the GCC. Some women hold more than one directorship, indicating a broader increase in representation and participation at the board level.
  • Country-level data shows that the UAE continues to lead the region for the third year running, with women holding 15% of board seats across its three stock exchanges, compared to 14.7% in 2025. Bahrain retains second position, with women occupying 10.5% of board seats, followed by Oman at 7%.

Country-wise, the percentage of board positions held by women at publicly listed companies across the GCC is as follows:

UAE: 15.0% (191 of 1,274 seats)

Bahrain: 10.5% (36 of 342 seats)

Oman: 7.0% (51 of 731 seats)

Kuwait: 5.6% (52 of 927 seats)

Qatar: 3.2% (15 of 467 seats)

Saudi Arabia: 2.9% (58 of 2,014 seats)

This year’s report also introduces sector-level analysis across 12 industries in all six GCC countries. Notably, the UAE and Saudi Arabia are the only countries in the region where women hold board positions across every sector. The financial sector accounts for the highest number of female board seats, followed by the industrial sector.

The top three sectors in the UAE by number of board seats held by women are Financial services, with 86 of 564 positions; the Industrial sector, with 35 of 214; and Consumer Staples, with 15 of 94.

Commenting on the launch of the GCC Board Gender Index 2026, Her Highness Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, Chairperson of diversity and inclusion agency Aurora50, said,  “Aurora50 is proud to partner for a third time with Heriot-Watt University Dubai on this authoritative GCC-wide benchmark that continues to deliver consistent tracking and provides transparent data in and for the region.

“It’s particularly encouraging to see the UAE’s progress in this space, with women’s board representation in the nation growing from 3.5% to 15% since 2020. This is a true testament to the vision of the UAE’s leadership in advancing gender equity in the workplace. Women in board positions bring broader perspectives, stronger governance, and significant organisational growth – at a time when the world demands resilient, adaptive business leaders, my hope is that the value of diversity will continue to be recognised and leveraged.”

Provost and Vice Principal of Heriot-Watt University Dubai, Professor Dame Heather McGregor, said, “The GCC Board Gender Index has, over time, become an important benchmark for understanding how boardrooms across the region are evolving. What stands out in this year’s findings is not just the increase in representation but also the consistency of that progress, underpinned by a growing breadth of data and insights.

The UAE continues to demonstrate what is possible with sustained focus, but there is a clear opportunity to accelerate more broadly across the region. Our collaboration with Aurora50 is grounded in a shared belief that rigorous, transparent data can play a meaningful role in shaping better outcomes. It is encouraging to see the region continuing to move in the right direction, and I am keen to build on this progress through our ongoing work, informed conversations and contribution to long-term, systemic change in board composition across the GCC.’

The GCC Board Gender Index, supported by Board Intelligence, AlixPartners and Grant Thornton, includes detailed data on board directors. Each company and director is uniquely identified to ensure accuracy and avoid duplication, particularly when companies are listed on multiple exchanges or directors serve on multiple boards. This approach enables the report to serve as a single, authoritative source of data for researchers, policymakers and industry stakeholders, while also elevating the visibility of women currently serving on boards and recognising the region’s ongoing progress.

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BOLT EXPANDS INTO THE UAE CAPITAL

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Dubai Taxi Company PJSC (“DTC”), the leading provider of mobility services in Dubai, and its strategic partner Bolt today announced the entry of Bolt’s ride-hailing services in Abu Dhabi, marking a significant step in the partnership’s expansion across the UAE.

The expansion builds on strong e-hailing momentum across the DTC–Bolt strategic partnership. In 2025, DTC reported a 24% year-on-year increase in e-hailing activity across its taxi and limousine segments, supported by continued fleet expansion and growing customer adoption of digital booking channels.

Bolt will initially launch limousine services where customers in Abu Dhabi will be able to access ride-hailing services backed by a huge network of fleet owners, drivers, and vehicles. This will be followed by taxi services in weeks to follow.

Vasilis Hadjiaslanis, General Manager of Bolt UAE, said: “Abu Dhabi is a natural next step for Bolt in the UAE. We have seen exceptional demand for reliable, app-based mobility, and this milestone gives residents and visitors in the capital access to a service that is fast, convenient, and built around their needs. We are proud to be on this journey alongside our partners at DTC, and we look forward to continuing to grow our presence across the UAE.”

That momentum carried into Q1 2026, with e-hailing activity rising a further 9% year-on-year, reflecting the continued resilience of app-based mobility and the long-term growth potential of digital transport services in the UAE.

The expansion also relies on the partnership’s growth in Dubai, where Q1 2026 saw the integration of 1,823 National Taxi vehicles into the Bolt platform. Broadening Bolt’s UAE footprint and strengthens its role in supporting the country’s evolving ecosystem, shaping how residents, visitors, and businesses move across cities.

Driven by this high demand, Bolt expansion into Abu Dhabi reinforces DTC’s commitment to delivering more accessible mobility solutions for residents, visitors, and businesses nationwide, and support the UAE’s wider shift toward smart mobility.

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London Business School Hosts MENA Leaders to Discuss AI, Investment, and the Digital Economy

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London Business School (LBS) hosted its 23rd Annual MENA Conference at its London campus, bringing together policymakers, investors, entrepreneurs, academics, and industry leaders to discuss the forces reshaping the Middle East and North Africa’s economic future.

Over the years, the conference has evolved into one of the region’s most recognised platforms for discussions around innovation, entrepreneurship, investment, and economic transformation. This year’s edition focused heavily on the intersection of technology, capital, sustainability, and policy, reflecting the region’s growing role within the global digital economy.

“This year’s MENA Conference highlights how the region is positioning itself at the intersection of capital, innovation, and global economic transformation,” said Florin Vasvari, Executive Dean of Executive Education, Middle East, at London Business School.

The agenda explored themes including global capital flows, fintech, climate resilience, artificial intelligence, and the financing landscape surrounding the region’s technology ecosystem. Discussions also examined how regional markets are evolving to support stronger startup ecosystems, deeper capital markets, and long-term economic competitiveness.

Artificial intelligence emerged as one of the defining themes of the conference, with speakers discussing how regional organisations can build sustainable AI capabilities through investments in infrastructure, talent, data, and capital. Conversations also explored how fintech is reshaping financial infrastructure and improving access to digital financial services across the region.

Throughout the event, senior executives, policymakers, founders, and investors shared perspectives on the MENA region’s evolving role within global markets, as governments and businesses increasingly position technology and innovation at the centre of long-term economic diversification strategies.

The conference also highlighted London Business School’s growing regional engagement, following the opening of its executive office in Riyadh alongside its longstanding Dubai campus, strengthening its support for leadership development and executive education across the GCC.

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HOLCIM LAUNCHES UAE’S LOWEST-CARBON CEMENT, CRAFTED FROM LOCALLY SOURCED MATERIALS

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Holcim, the leading partner for sustainable construction, has launched its latest ECOPlanet low-carbon cement in the UAE, produced from locally sourced materials and designed to support the country’s drive toward stronger, more self-reliant industrial growth.

The launch reflects the UAE’s continued focus on building a more resilient manufacturing base and minimizing dependence on imported construction inputs. By using materials sourced within the country and produced locally, ECOPlanet helps strengthen in-country value while supporting the construction sector’s transition to lower-carbon building practices.

Holcim’s new product achieves a 30% reduction in carbon footprint compared to traditional cement and offers developers, contractors, architects and engineers a locally made solution that aligns with both sustainability targets and national industrial priorities. ECOPlanet is engineered to deliver reduced carbon emissions without compromising performance, offering the same strength, durability, and consistency required for large-scale infrastructure and commercial developments. Its formulation enables ready-mix producers and contractors to integrate low-carbon solutions into existing construction workflows with ease.

In the UAE, ready-mix concrete producer Conmix is already using ECOPlanet in an active project, demonstrating the material’s real-world applicability and readiness for immediate deployment at scale. This marks an important step in translating low-carbon construction materials from production into on-ground execution.

As the UAE continues to lead regional growth across the built environment, ECOPlanet establishes the new benchmark for high-performance, low-carbon construction, delivering the scalable foundations required for projects ranging from critical infrastructure and industrial hubs to the icons of the future.

“ECOPlanet reflects our commitment to delivering real, measurable progress in sustainable construction. It is made in the UAE, from UAE materials, and designed to help reduce emissions while strengthening the country’s industrial ecosystem.” said Ali Said, CEO of Holcim UAE and Oman. Holcim is showcasing ECOPlanet at Make it in the Emirates 2026, highlighting how material innovation and local production are helping shape the future of construction in the UAE. The presence reflects the company’s broader role in supporting industrial development, while early adoption by partners such as Conmix demonstrates growing momentum for low-carbon building solutions across active projects in the country.

ECOPlanet is part of Holcim’s global portfolio of low-carbon building materials and solutions designed to deliver high performance while supporting the transition to more sustainable construction practices, building progress for people and the planet.

                                                                    

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