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That women have the wealth of the Gulf were estimated to total 385 billion

A report released in Dubai today, Monday, that the women of the Gulf have the resources estimated to total $ 385 billion, the report explained company "Diamond Capital Limited" for the alternative asset management, that Gulf women to take on serious steps to move beyond its traditional role and is making remarkable progress at the working level,education, social and economic development.
He pointed out that women make up 41% of the population of the Gulf States, and the percentage of those working 16%. Is home to Saudi Arabia and the UAE, about three-quarters of the total female workforce in the Gulf region, which includes 75.1 million women.
The report said that Saudi Arabia contributing 54% of the total female labor force in the Gulf region, followed by the UAE by 700 thousand women, while contributing to the rest of the GCC countries at rates less diversified between Kuwait (10%), Oman (6%), Qatar (5%) and Bahrain (4%).
Said Shailesh Dash, CEO of Almasa, that in many cases be invested fortunes of women in the categories of safe assets, such as bonds and cash deposits and banking, which prompted some financial institutions to take serious steps to take advantage of this approach, and has financial institutions to dedicate this money and benefit from optimized, through the establishment of private banking branches of ladies, and the establishment of funds directed such as "Dana Fund for Women." He added that 33% of the enterprises owned by women in the UAE has achieved revenues by more than 100 thousand dollars a year, compared with revenues increased by only 13% among similar companies in developed countries, America.

Source: Seventh Day

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