UAE, August 28th, 2017: Saxo Bank, the online multi-asset trading and investment specialist, today marked the third annual Emirati Women’s Day with the launch of an online trading programme for UAE women which aims to further enhance women empowerment in the country.
Launched in 2015 by HH Sheikha Fatima bint Mubarak, Chairperson of the General Women’s Union, President of the Family Development Foundation, and Chairperson of the Supreme Council for Motherhood and Childhood, Emirati Women’s Day recognises the contribution of UAE women in the development and progress of the country.
Women continue to play an increasingly crucial role in the country’s decision-making. Eight of the country’s 29 ministerial heads are women, while women make up 22 per cent of the country’s parliament, the Federal National Council (FNC). As the Speaker of the FNC, Dr. Amal Abdullah Al Qubaisi, is the first woman to head a parliamentary institution in the region.
With more Emirati women opting to forge their own path as industry decision-makers, business leaders, entrepreneurs and investors, Saxo Bank’s Emirati Women’s Day initiative, which is scheduled for rollout in the final quarter of 2017, aims to educate UAE women in online trading and help them make a mark in a traditionally male-dominated sector.
Online trading firm marks Emirati Women’s Day with complimentary programme for UAE women to gain in-depth understanding of the markets.
Number of female traders in the UAE has grown 2% year-on-year since 2013; female traders accounted for 10% of Saxo Bank’s newly-opened accounts in 2016.
Saxo Bank has witnessed a growing trend of female traders in the UAE in recent years, with 10% of all accounts opened in 2016 registered to female users – compared with 8% in 2015 and 6.5% in 2014. And the firm believes there is an opportunity for women in the Emiratees to capitalize on the country’s commitment towards female empowerment and forge a strong position in online trading.
“Emirati Women’s Day is a milestone date in the country’s calendar. The UAE is more than a regional leader in recognizing the role of women in society, the country is also a regional weathervane for developing women empowerment and encouraging more women to pursue leadership roles,” said Mario Camara, Head of MENA region for Saxo Bank. “In line with the visionary approach of the UAE’s leadership, we want to encourage Emirati women to make their own financial decisions and understand how to make the right decisions that will enhance their personal investments and professional development.”
During the programme, which is free of charge for Emirati women, Saxo Bank experts will deliver a comprehensive introduction to the markets and participants will undergo various aspects of practical learning, including operating demo accounts on Saxo Bank’s trading platforms without risking their personal wealth. Participants will also be able to interact with live Saxo Bank traders on the Saxo Bank website.
For more information on the initiative or Saxo Bank trading opportunities, visit: https://www.home.saxo/en-mena
About Saxo Bank
Saxo Bank Group (Saxo) is a leading multi-asset trading and investment specialist, offering a complete set of investment and trading technologies, tools and strategies.
For almost 25 years, Saxo’s mission has been to enable individuals and institutions by facilitating their access to professional investing and trading through technology and expertise.
As a fully licensed and regulated bank, Saxo enables its private clients to trade multiple asset classes across global financial markets from one single margin account and across multiple devices. Additionally, Saxo provides institutional clients such as banks and brokers with multi-asset execution, prime brokerage services and trading technology.
Saxo’s award winning trading platforms are available in more than 20 languages and form the technology backbone of more than 100 financial institutions worldwide.
Founded in 1992 and headquartered in Copenhagen, Saxo employs more than 1500 people in financial centres around the world including London, Singapore, Paris, Zurich, Dubai and Tokyo.