Investments in the UAE are being reshaped by Women's influence
In the vibrant financial landscape of the United Arab Emirates (UAE), women investors are making a significant mark. According to recent studies, a small but notable proportion of UAE women investors boast more than a decade of investment experience.
Both genders share a common trust in the long-term performance of UAE-listed companies, with 92% of men and 91% of women expressing faith in these companies. This mutual confidence extends to other assets as well. For instance, both women and men view gold and real estate as reliable assets during periods of volatility, with 50% of women and 49% of men holding gold, and 44% of women and 45% of men investing in real estate.
When it comes to expectations for the next 12 months, 81% of women and 82% of men anticipate significant market gains. This optimism is reflected in their investment plans for the next three months, with many UAE women investors planning to increase their allocations in renewables (39%), healthcare (38%), technology (36%), and discretionary consumer goods (38%).
Interestingly, women are more likely to hold cash than men, with 26% of women and 19% of men keeping their funds in cash. However, when it comes to investing with a long-term security mindset, women take the lead, with 49% doing so, compared to 46% of men.
Women are also leading in savings and pensions among investors, with higher participation rates than men. 81% of UAE women investors have a savings account, compared to 74% of men, and 26% of UAE women investors invest in pensions, contrasted with 12% of men.
The primary financial goal shared by 52% of women and 51% of men is achieving financial independence. National initiatives such as the UAE Gender Balance Council and the National Financial Inclusion Strategy are enabling an environment for women to expand their financial literacy, access investment opportunities, and secure their independence.
Dr. Heloise Greeff, a popular investor at eToro, remarks that more than 70% of women investors have been investing for more than three years. This longevity is also reflected in the fact that 43% of UAE women investors hold their investments for years, compared to 30% of men.
In a surprising turn, more than half (54%) of UAE women investors hold crypto, highlighting their openness to emerging asset classes. However, men are more likely to favour crypto than women, with 52% of men and 38% of women investing in crypto.
As the UAE continues to foster a supportive environment for financial growth, it's clear that women investors are playing a crucial role in shaping the nation's financial future, with their focus on long-term investments, financial independence, and a diverse portfolio.
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