Strong demand is outpacing supply at a faster rate this year than estimated, especially after the UAE’s removal from FATF Grey List
uae3 hours ago
A joint committee including professors from the University of London, London's City University and King Fahd University for Petroleum and Minerals (KFUPM) designed the courses for the four-year Bachelor of Science in banking and finance degree programme. Courses will be taught in English by professors from Lebanon, the United States, the United Kingdom and Saudi Arabia.
"This will offer more professional job opportunities to women in the Kingdom," commented Saleh Al Turki, chairman of the Jeddah Chamber of Commerce and Industry (JCCI). "Banks in Saudi Arabia are currently enjoying the highest percentage of profit in the world, 130 per cent of capital," he said.
Amal El Tigani, associate professor of finance, welcomed the measure and said that this is the right time to launch this degree programme. "This is a positive step for women in Saudi Arabia," she said, and added that as more women invest in securities and other financial mechanisms the demand for women analysts and brokers to serve them would increase. The education would also open the doors for women interested in hosting television programmes that focus on economic matters.
It may be noted that Saudi women are finding the stock market very attractive. To some women, the stock market is a way to double their profits while others believe that it is a good way to occupy their spare time. The women broaden their knowledge of stock market by searching for stock information and updates, and by benefiting from experiences of women who have previously invested in the stock market.
Saudi women stock market investors have established a reputation for asking questions about the stock market and following company announcements. They are becoming more familiar with market indicators and know exactly when to enter the market. The Saudi stock market has attracted more than 90 per cent of Saudi businesswomen and they have participated heavily in many initial public offerings (IPOs) including Bank Albilad, Almarai and Etihad Etisalat. Women do not find investing in factories and shops as attractive as managing their own portfolios and trading stocks.
Strong demand is outpacing supply at a faster rate this year than estimated, especially after the UAE’s removal from FATF Grey List
uae3 hours ago
The initiative is expected to boost public transport usage
uae3 hours ago
Authorities urged people to wear face masks and glasses when doing outdoor activities
world4 hours ago
In 10 years, all operations of Dubai International Airport will be transferred to Al Maktoum International
aviation4 hours ago
The meeting saw the formation of four technical committees, one for roads and infrastructure, one for houses and properties, one for dams and water facilities, and one for energy and water
uae4 hours ago
Distance learning also implemented due to nationwide transportation strike
asia4 hours ago
For prospective investors, it is worth considering if a future home would be rain-resilient enough to sustain any weather changes
realty5 hours ago
What happens if the employee fails to perform his duties due to circumstances beyond his control?
legal6 hours ago