The Dubai Financial Market (DFM) hosted a bell ringing ceremony in celebration of the International Women’s Day, which is marked on 8th March. The DFM has joined 61 global exchanges honoring this occasion over a week of bell-ringing activities, as part of its active role in promoting gender equality and empowering women in the capital markets sector.
DFM also launched its newly formed Women Council in order to strengthen the role of women in the capital markets sector as well as its listed companies through greater participation of women as board directors. The Council consists of six DFM female members representing various divisions and will be responsible for preparing annual work plans, internal and external coordination, organizing, and participating in women’s events.
The activities are performed in partnership with the United Nations Sustainable Stock Exchanges (SSE) Initiative, the World Federation of Exchanges, IFC, UN Global Compact, UN Women and Women in ETFs. The global event encourages its participants to make commitments to improve gender equality in their markets, such as signing the Women’s Empowerment Principles, improving diversity in senior managements and boards of directors and developing more gender-friendly policies.