UAE Sees More Investment by Women Than Ever Before
The UAE’s growing women empowerment is helping the fairer sex to break yet another traditional male fiefdom – market investment, with the number of women investors in the country shooting up by a whopping 51 percent in 2022 over the preceding year.
The spectre of household budgets getting upset in the wake of sharp price increases for products across categories is seen driving women to take to investments in a big way in inflation-beating saving options across a diversified asset portfolio, industry experts said.
The rising trend of women investors is aided by, among other things, the emergence of micro-investing apps, making it easy and affordable for individuals to invest small amounts of money regularly, promoting a saving culture among a wider population in the country.
“The growth of women investors in the UAE is growing at an unprecedented rate,” Shivansh Rachit, founder and COO of Hedge & Sachs, the UAE-based leading investment and asset management company, said.
Just one instance of this is available from the DLD (Dubai Land Department) data, which reported that women investing in real estate saw a rise of 50.7 percent in 2022 compared to the previous year, Rachit said.
