{"id":70879,"date":"2025-10-10T03:30:07","date_gmt":"2025-10-10T03:30:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/70879\/"},"modified":"2025-10-10T03:30:07","modified_gmt":"2025-10-10T03:30:07","slug":"why-few-women-are-trading-and-investing-in-menas-financial-markets","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/70879\/","title":{"rendered":"Why few women are trading and investing in Mena\u2019s financial markets"},"content":{"rendered":"<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-0-BSI65FS5EVBCZBATWMYQ3RRIWI\">Only 10 per cent to 12 per cent of customers are women at our brokerage. That gap isn\u2019t just a statistic \u2013 it\u2019s a missed economic engine.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-1-6LHPNFY5BBBLLDFKP5GO5TDRYA\">Across the Middle East and North Africa, <a href=\"https:\/\/www.thenationalnews.com\/news\/uae\/2025\/09\/27\/how-three-sisters-in-dubai-are-feeding-an-entire-school-hot-meals-in-east-africa\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/news\/uae\/2025\/09\/27\/how-three-sisters-in-dubai-are-feeding-an-entire-school-hot-meals-in-east-africa\/\">women are launching businesses<\/a>, running households and <a href=\"https:\/\/www.thenationalnews.com\/business\/economy\/2025\/09\/18\/fed-rate-cuts-uae-impact-credit-cards-loans-mortgage\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/economy\/2025\/09\/18\/fed-rate-cuts-uae-impact-credit-cards-loans-mortgage\/\">shaping purchasing decisions<\/a>. Yet, too few are trading and investing \u2013 especially in the financial markets \u2013 where long-term wealth is compounded.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-3-IVKDTQIVGVGQRE7WE7TZZWWSRI\">The good news: appetite exists. In Saudi Arabia, the number of women investing on the <a href=\"https:\/\/www.thenationalnews.com\/business\/markets\/2025\/09\/24\/saudi-stocks-biggest-surge-in-five-years-on-foreign-ownership-reform-plans\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/markets\/2025\/09\/24\/saudi-stocks-biggest-surge-in-five-years-on-foreign-ownership-reform-plans\/\">Tadawul stock market<\/a> surpassed 1.74 million in the second quarter of 2025 \u2013 an all-time high and up sharply year on year, according to figures released by the Capital Market Authority. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-4-M2XB4ZW4LND7BMNCE6WBFOOKIY\">That is not a niche; it\u2019s momentum. In the UAE, women invested Dh118 billion ($32.1 billion) in <a href=\"https:\/\/www.thenationalnews.com\/business\/property\/2025\/08\/03\/dubai-property-boom-uae\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/property\/2025\/08\/03\/dubai-property-boom-uae\/\">Dubai real estate<\/a> in 2024, representing about a third of all investors, according to the Dubai Land Department. This is evidence that when the asset class feels accessible and tangible, women show up in force.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-5-MGQ2Y6WXIFEVJHE7FHPK262PZI\">For comparison, in the mature US market, women\u2019s participation is mainstream, with roughly 62 per cent of US women reporting they own stocks (directly or through funds or retirement) \u2013 about the same rate as men, according to analytics company Gallup. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-7-IHSSG26DWRFN7MZM7MCWRRV7NU\">So, why hasn\u2019t <a href=\"https:\/\/www.thenationalnews.com\/opinion\/comment\/2024\/03\/08\/the-mena-region-needs-more-women-in-the-workforce\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/opinion\/comment\/2024\/03\/08\/the-mena-region-needs-more-women-in-the-workforce\/\">female participation in Mena&#8217;s financial markets<\/a> kept pace? <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-8-ZIMTN6P4UJBSHB77FRFK5OBTCQ\">Part of the answer is education and access. Wealth manager UBS\u2019s region-wide study finds many women want to engage, but 71 per cent report <a href=\"https:\/\/www.thenationalnews.com\/business\/money\/2025\/03\/19\/what-common-investment-mistakes-should-indian-residents-in-the-uae-avoid\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/money\/2025\/03\/19\/what-common-investment-mistakes-should-indian-residents-in-the-uae-avoid\/\">low familiarity with investment instruments<\/a> like stocks and bonds, even as 62 per cent say they want more information and seek to become more active investors. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-9-HRF33X4T65F3NB7N64P7ALTLQ4\">There\u2019s also a uniquely UAE imperative to invest. For expatriates, who make up a large share of the workforce, there is no state pension. Instead, most rely on an <a href=\"https:\/\/www.thenationalnews.com\/business\/money\/2025\/02\/04\/uae-gratuity-retirement-fund-employers\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/money\/2025\/02\/04\/uae-gratuity-retirement-fund-employers\/\">end-of-service gratuity<\/a>, a lump sum that\u2019s rarely enough to fund decades of retirement.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-11-6PARA4Q5URDJ7BDV7MGAI3L6MQ\">The government has begun reform, introducing <a href=\"https:\/\/www.thenationalnews.com\/business\/money\/2023\/11\/01\/uae-new-gratuity-savings-scheme\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/money\/2023\/11\/01\/uae-new-gratuity-savings-scheme\/\">voluntary end-of-service savings schemes<\/a> that invest contributions. This is welcome progress, but still optional to enrol in.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-12-7ELFHEEW2RCOBIXSJHKID6NCH4\">In other words, for many residents, your retirement depends on the investment portfolio you build for yourself.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-13-3W4MB46TN5D7PHCOAXZZCDHPPA\">If we want more women investing, we should also bust an enduring myth that men are naturally \u201cbetter\u201d at it. In fact, the evidence points the other way.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-14-GXENYKPXSNFRLLB7TYA2IJXCK4\">A large-scale analysis by financial services company Fidelity found that female investors, on average, outperformed their male counterparts by 0.4 percentage points per year, thanks to steadier, long-term behaviour \u2013 lower turnover and fewer <a href=\"https:\/\/www.thenationalnews.com\/business\/money\/2025\/08\/05\/stocks-markets-investing-rally\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/money\/2025\/08\/05\/stocks-markets-investing-rally\/\">panic trades<\/a>. That compounds. <\/p>\n<p>Why it matters<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-16-HBE4E4PIU5HP7AMO2T3QUWVFPE\">When women invest, families are more financially resilient, businesses gain patient capital and markets deepen. In a region rapidly diversifying beyond hydrocarbons, activating half the population as long-term investors is not just fair, it\u2019s macro-critical.<\/p>\n<p>How to get started (and stick with it)1) Start with purpose, not products<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-19-Q7C7DUN4TVHHZNZ5T6DWIT6YUA\">Write down one primary goal (for instance, \u201cretire at 60 with DhX per month\u201d). Goals anchor behaviour when markets wobble.<\/p>\n<p>2) Build a safety net first<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-21-JZRPI2423BE7ZLWTV2GWHT2QBM\">Hold three to six months of essential expenses in cash or a money-market fund. This \u201csleep-well\u201d buffer prevents selling investments at the worst time.<\/p>\n<p>3) Automate a small, steady contribution<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-23-XJSHFH3MIVAIJOPPAWFIMK4CFE\">Set a standing monthly transfer into your portfolio (even Dh300 to Dh500). Automation beats motivation.<\/p>\n<p>4) Keep costs low and diversify<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-26-FANS3S4URJCIHMXX5XMBV4T4BM\">Make bonds and broad, low-cost funds your core \u2013 regional and global equity index funds or exchange-traded funds, plus a bond fund if you want smoother swings. Add a Shariah-compliant option if that fits your values.<\/p>\n<p>5) Use dollar-cost averaging<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-28-NECK5MJBQFHFRPJNWQ7EHTNKZE\">Invest the same amount on a schedule. You\u2019ll buy more when prices are low and less when they\u2019re high \u2013 no crystal ball required.<\/p>\n<p>6) Limit trading<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-30-MNVX7ZBLDJBEFOLZQG2CTYMEV4\">Behaviour \u2013 not brilliance \u2013 drives returns. Fewer, better-researched moves usually beat constant tinkering (and aligns with the performance edge women often show). <\/p>\n<p>7) Measure what matters<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-32-OSOCNFQEBBGTNMXJJH3DDW6MUQ\">Track progress against your goal once a quarter. <\/p>\n<p>8) Learn in community<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-34-7ZZMUZPJA5GBHEB73VNTENS6ZM\">Join <a href=\"https:\/\/www.thenationalnews.com\/business\/money\/2024\/03\/20\/why-warren-buffett-invests-like-a-girl-and-you-should-too\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/money\/2024\/03\/20\/why-warren-buffett-invests-like-a-girl-and-you-should-too\/\">women-led investing circles<\/a>, webinars or mentorship groups. In the UBS study, demand for approachable education was clear; peer learning removes the intimidation factor. <\/p>\n<p>9) Leverage workplace schemes<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-36-GAPM2O6S45GD5AECIE5TQLLMKY\">If your employer offers a <a href=\"https:\/\/www.thenationalnews.com\/business\/money\/difc-employees-confident-of-receiving-gratuity-after-signing-up-for-dews-savings-plan-1.1236290\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/money\/difc-employees-confident-of-receiving-gratuity-after-signing-up-for-dews-savings-plan-1.1236290\">DIFC Employer Workplace Savings (Dews)-style<\/a> or voluntary end-of-service savings plan, enrol and contribute. It\u2019s a ready-made, diversified base \u2013 then layer a personal brokerage account on top. <\/p>\n<p>10) Choose regulated partners<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-38-I4YQF3NVABBUVOOC7OM3FGLJVI\">Use a locally regulated broker, understand fees and opt into investor-protection features.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-39-UBKIUHGTD5EWRM4SHQZOKV3MIA\">The momentum in Saudi Arabia\u2019s markets and Dubai\u2019s property data show the desire \u2013 and the capacity \u2013 are already here. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-40-ACX77LCUJ5CN5HWX37BFUREP3E\">The next step is giving women the education, tools and confidence to build long-term, diversified portfolios. For many of us in the UAE, where a <a href=\"https:\/\/www.thenationalnews.com\/business\/money\/2022\/06\/13\/dubai-governments-pension-plan-for-foreign-workers-to-begin-on-july-1\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/money\/2022\/06\/13\/dubai-governments-pension-plan-for-foreign-workers-to-begin-on-july-1\/\">government pension<\/a> won\u2019t be waiting, that\u2019s not just empowerment. It\u2019s essential.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-41-ETSO4FTKHJGVXOV3RMPKNYS66I\">Joy Dabeet is chief marketing officer at neo-broker amana<\/p>\n<p>Student Of The Year 2<\/p>\n<p>Director: Punit Malhotra<\/p>\n<p>Stars: Tiger Shroff, Tara Sutaria, Ananya Pandey, Aditya Seal\u00a0<\/p>\n<p>1.5 stars<\/p>\n<p>Who was Alfred Nobel?<\/p>\n<p>The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.<\/p>\n<p>In his will he dictated that the bulk of his estate should be used to fund &#8220;prizes to those who, during the preceding year, have conferred the greatest benefit to humankind&#8221;.<br \/>\nNobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.<br \/>\nNobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.<br \/>\nThe 10 Questions<br \/>\n\tIs there a God?<br \/>\n\tHow did it all begin?<br \/>\n\tWhat is inside a black hole?<br \/>\n\tCan we predict the future?<br \/>\n\tIs time travel possible?<br \/>\n\tWill we survive on Earth?<br \/>\n\tIs there other intelligent life in the universe?<br \/>\n\tShould we colonise space?<br \/>\n\tWill artificial intelligence outsmart us?<br \/>\n\tHow do we shape the future?<\/p>\n<p>UAE currency: the story behind the money in your pocketsThe%C2%A0specs%20<\/p>\n<p>%3Cp%3E%0D%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E6-cylinder%2C%204.8-litre%20%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E5-speed%20automatic%20and%20manual%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E280%20brake%20horsepower%20%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E451Nm%20%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20Dh153%2C00%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A<\/p>\n<p>The specs<\/p>\n<p>Engine: 3.8-litre twin-turbo flat-six<\/p>\n<p>Power: 650hp at 6,750rpm<\/p>\n<p>Torque: 800Nm from 2,500-4,000rpm<\/p>\n<p>Transmission: 8-speed dual-clutch auto<\/p>\n<p>Fuel consumption: 11.12L\/100km<\/p>\n<p>Price: From Dh796,600<\/p>\n<p>On sale: now<\/p>\n<p>The Transfiguration<\/p>\n<p>Director: Michael O\u2019Shea<\/p>\n<p>Starring: Eric Ruffin, Chloe Levine<\/p>\n<p>Three stars<\/p>\n<p>All about the Sevens<\/p>\n<p>Cape Town Sevens on Saturday and Sunday:\u00a0Pools\u00a0A \u2013 South Africa, Kenya, France, Russia; B \u2013 New Zealand, Australia, Spain, United States; C \u2013 England, Scotland, Argentina, Uganda; D \u2013 Fiji, Samoa, Canada, Wales<\/p>\n<p>HSBC World Sevens Series standing after first leg in Dubai 1 South Africa; 2 New Zealand; 3 England;\u00a04 Fiji; 5 Australia; 6 Samoa; 7 Kenya; 8 Scotland; 9 France; 10 Spain; 11 Argentina; 12 Canada; 13 Wales; 14 Uganda; 15 United States; 16 Russia<\/p>\n<p>Dubai World Cup Carnival card<\/p>\n<p>6.30pm: Al Maktoum Challenge Round-2 Group 1 (PA) US$75,000 (Dirt) 1,900m<\/p>\n<p>7.05pm: Al Rashidiya Group 2 (TB) $250,000 (Turf) 1,800m<\/p>\n<p>7.40pm: Meydan Cup Listed Handicap (TB) $175,000 (T) 2,810m<\/p>\n<p>8.15pm: Handicap (TB) $175,000 (D) 1,600m<\/p>\n<p>8.50pm: Handicap (TB) $135,000 (T) 1,600m<\/p>\n<p>9.25pm: Al Shindagha Sprint Group 3 (TB) $200,000 (D) 1,200m<\/p>\n<p>10pm: Handicap (TB) $135,000 (T) 2,000m<\/p>\n<p>The National selections:<\/p>\n<p>6.30pm &#8211; Ziyadd;\u00a07.05pm &#8211;\u00a0Barney Roy;\u00a07.40pm &#8211; Dee Ex Bee;\u00a08.15pm &#8211;\u00a0Dubai Legacy;\u00a08.50pm &#8211; Good Fortune;\u00a09.25pm &#8211; Drafted;\u00a010pm\u00a0&#8211; Simsir<\/p>\n<p>Tips for job-seekers<br \/>\n\tDo not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.<br \/>\n\tMake sure you are an exact fit for the job advertised. If you are an HR manager with five years\u2019 experience in retail and the job requires a\u00a0similar candidate with five years\u2019 experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.<\/p>\n<p align=\"right\">David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East<\/p>\n<p>Directed by: Craig Gillespie<\/p>\n<p>Starring:\u00a0Emma Stone, Emma Thompson, Joel Fry<\/p>\n<p>4\/5<\/p>\n<p>More from Rashmee Roshan LallSPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)<\/p>\n<p>%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20M3%2C%208-core%20CPU%2C%20up%20to%2010-core%20CPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2013.6-inch%20Liquid%20Retina%2C%202560%20x%201664%2C%20224ppi%2C%20500%20nits%2C%20True%20Tone%2C%20wide%20colour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F16%2F24GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20256%2F512GB%20%2F%201%2F2TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20Thunderbolt%203%2FUSB-4%20(2)%2C%203.5mm%20audio%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%206E%2C%20Bluetooth%205.3%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%2052.6Wh%20lithium-polymer%2C%20up%20to%2018%20hours%2C%20MagSafe%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECamera%3A%3C%2Fstrong%3E%201080p%20FaceTime%20HD%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20Support%20for%20Apple%20ProRes%2C%20HDR%20with%20Dolby%20Vision%2C%20HDR10%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%204-speaker%20system%2C%20wide%20stereo%2C%20support%20for%20Dolby%20Atmos%2C%20Spatial%20Audio%20and%20dynamic%20head%20tracking%20(with%20AirPods)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Midnight%2C%20silver%2C%20space%20grey%2C%20starlight%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20MacBook%20Air%2C%2030W%2F35W%20dual-port%2F70w%20power%20adapter%2C%20USB-C-to-MagSafe%20cable%2C%202%20Apple%20stickers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh4%2C599%3C%2Fp%3E%0A<\/p>\n<p>The specs<\/p>\n<p>Engine: 2.0-litre 4-cyl, 48V hybrid<\/p>\n<p>Transmission: eight-speed automatic<\/p>\n<p>Power: 325bhp<\/p>\n<p>Torque: 450Nm<\/p>\n<p>Price: Dh289,000<\/p>\n<p>UAE currency: the story behind the money in your pocketsGreatest of All Time<\/p>\n<p>Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan<\/p>\n<p>Results<\/p>\n<p>7pm: Wathba Stallions Cup \u2013 Handicap (PA) Dh70,000 (Dirt) 1,600m; Winner: RB Kings Bay, Abdul Aziz Al Balushi (jockey), Helal Al Alawi (trainer)<\/p>\n<p>7.30pm: Maiden (PA) Dh 70,000 (D) 1,600m; Winner: AF Ensito, Fernando Jara, Mohamed Daggash<\/p>\n<p>8pm: Maiden (PA) Dh70,000 (D) 1,400m; Winner: AF Sourouh, Tadhg O\u2019Shea, Ernst Oertel<\/p>\n<p>8.30pm: Maiden (PA) Dh70,000 (D) 1,800m; Winner: Baaher, Fabrice Veron, Eric Lemartinel<\/p>\n<p>9pm: Maiden (PA) Dh70,000 (D) 2,000m; Winner: Mootahady, Antonio Fresu, Eric Lemartinel<\/p>\n<p>9.30pm: Handicap (TB) Dh70,000 (D) 2,000m; Winner: Dubai Canal, Tadhg O\u2019Shea, Satish Seemar<\/p>\n<p>10pm: Al Ain Cup \u2013 Prestige (PA) Dh100,000 (D) 2,000m; Winner: Harrab, Bernardo Pinheiro, Majed Al Jahouri<\/p>\n<p>Sri Lanka-India Test series schedule<\/p>\n<p>1st Test July 26-30 in Galle<\/p>\n<p>2nd Test August 3-7 in Colombo<\/p>\n<p>3rd Test August 12-16 in Pallekele<\/p>\n<p>Profile box<\/p>\n<p>Company name: baraka<br \/>Started: July 2020<br \/>Founders: Feras Jalbout and Kunal Taneja<br \/>Based: Dubai and Bahrain<br \/>Sector: FinTech<br \/>Initial investment: $150,000<br \/>Current staff: 12<br \/>Stage: Pre-seed capital raising of $1 million<br \/>Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)<\/p>\n<p>Abu Dhabi Sustainability WeekThe specs<\/p>\n<p>Engine: 5.0-litre supercharged V8<\/p>\n<p>Transmission: Eight-speed auto<\/p>\n<p>Power: 575bhp<\/p>\n<p>Torque: 700Nm<\/p>\n<p>Price: Dh554,000<\/p>\n<p>On sale: now<\/p>\n<p>How Tesla\u2019s price correction has hit fund managers<\/p>\n<p>Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.<\/p>\n<p>It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker\u2019s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.<\/p>\n<p>The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood\u2019s ARK Innovation ETF.<\/p>\n<p>Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.<\/p>\n<p>Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had \u201cflown a bit too close to the sun\u201d, after getting carried away by investing $1.5bn of the company\u2019s money in Bitcoin.<\/p>\n<p>He also predicted Tesla\u2019s sales could struggle as traditional auto\u00a0manufacturers ramp up electric car production, destroying its first mover advantage.<\/p>\n<p>AJ Bell\u2019s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. \u201cWhen it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.\u201d<\/p>\n<p>A Tesla correction was probably baked in after last year\u2019s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.<\/p>\n<p>Dramatic swings are to be expected when investing in disruptive technology, as Ms\u00a0Wood at ARK makes clear.<\/p>\n<p>Every week, she sends subscribers a commentary listing \u201cstocks in our strategies that have appreciated or dropped more than 15 per cent in a day\u201d during the week.<\/p>\n<p>Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.<\/p>\n<p>By contrast, computational drug and material discovery company Schr\u00f6dinger fell 27 per cent\u00a0after quarterly and full-year results showed its core software sales and drug development pipeline slowing.<\/p>\n<p>Despite that setback, Ms Wood remains positive, arguing that its \u201cmedicinal chemistry platform offers a powerful and unique view into chemical space\u201d.<\/p>\n<p>In her weekly video view, she remains bullish,\u00a0stating that: \u201cWe are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.\u201d<\/p>\n<p>Ms Wood remains committed to Tesla\u00a0as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.<\/p>\n<p>She said these are so \u201cenormous that some people find them unbelievable\u201d, and argues that this scepticism, especially among institutional investors, \u201cfesters\u201d and creates a great opportunity for ARK.<\/p>\n<p>Only you can decide whether you are a believer or a festering sceptic. If it\u2019s the former, then buckle up.<\/p>\n<p>The%20specs<\/p>\n<p>%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%20Dual%20synchronous%20electric%20motors%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E660hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E1%2C100Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20automatic%0D%3Cbr%3E%3Cstrong%3ETouring%20range%3A%20%3C%2Fstrong%3E488km-560km%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh850%2C000%20(estimate)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3EOctober%3C%2Fp%3E%0A<\/p>\n<p>RACE CARD<\/p>\n<p>6.30pm: Handicap (TB) $68,000 (Dirt) 1,600m<\/p>\n<p>7.05pm: Meydan Sprint \u2013 Group 2 (TB) $163,000 (Turf) 1,000m<\/p>\n<p>7.40pm: Curlin Stakes \u2013 Listed Handicap (TB) $88,000 (D) 2,200m<\/p>\n<p>8.15pm: UAE Oaks \u2013 Group 3 (TB) $125,000 (D) 1,900m<\/p>\n<p>8.50pm: Zabeel Mile \u2013 Group 2 (TB) $163,000 (T) 1,600m<\/p>\n<p>9.25pm: Balanchine \u2013 Group 2 (TB) $163,000 (T) 1,800m<\/p>\n<p>10pm: Al Shindagha Sprint \u2013 Group 3 (TB) $130,000 (D) 1,200m<\/p>\n<p>Emirates Cricket Board Women\u2019s T10<\/p>\n<p>ECB Hawks v ECB Falcons<\/p>\n<p>Monday, April 6, 7.30pm, Sharjah Cricket Stadium<\/p>\n<p>The match will be broadcast live on the My Sports Eye Facebook page<\/p>\n<p>\u00a0<\/p>\n<p>Hawks<\/p>\n<p>Coach: Chaitrali Kalgutkar<\/p>\n<p>Squad: Chaya Mughal (captain), Archara Supriya, Chamani Senevirathne, Chathurika Anand, Geethika Jyothis, Indhuja Nandakumar, Kashish Loungani, Khushi Sharma, Khushi Tanwar, Rinitha Rajith, Siddhi Pagarani, Siya Gokhale, Subha Srinivasan, Suraksha Kotte, Theertha Satish<\/p>\n<p>\u00a0<\/p>\n<p>Falcons<\/p>\n<p>Coach: Najeeb Amar<\/p>\n<p>Squad: Kavisha Kumari (captain), Almaseera Jahangir, Annika Shivpuri, Archisha Mukherjee, Judit Cleetus, Ishani Senavirathne, Lavanya Keny, Mahika Gaur, Malavika Unnithan, Rishitha Rajith, Rithika Rajith, Samaira Dharnidharka, Shashini Kaluarachchi, Udeni Kuruppuarachchi, Vaishnave Mahesh<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Only 10 per cent to 12 per cent of customers are women at our brokerage. That gap isn\u2019t&hellip;\n","protected":false},"author":2,"featured_media":70880,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[72,7889,61,1831,60,123,387,174,329],"class_list":["post-70879","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-business-team","tag-ie","tag-investing","tag-ireland","tag-markets","tag-opinion","tag-personal-finance","tag-story"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/70879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=70879"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/70879\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/70880"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=70879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=70879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=70879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}