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How Emirati Women are Making Strides in Business across the UAE

Category: PayTabs UAE

Emirati Women’s Day
Mohab Global Events, PayTabs UAE 0

Emirati Women’s DayInitiated by Her Highness Sheikha Fatima bint Mubarak in 2015, Emirati Women’s Day is observed on 28th August every year to celebrate and encourage female trailblazers who are accomplishing wonders in various sectors and contributing to the UAE’s development. By recognizing Emirati women in business, the day’s events inspire ambition and leadership, promote gender equality, and drive female empowerment. And it has been working. In fact, as per Nama Women Advancement, 25,000 women entrepreneurs in the UAE owned around 50,000 businesses with a total value of USD 16.3 billion in 2022. A recent survey conducted on 1000 women business owners also revealed that 61.4% are sole proprietors while 48.8% are CEOs.

So, let’s take a look at those who have earned a special name for themselves when it comes to women in business growth, UAE, and the factors driving more Emirati ladies to pursue lofty dreams and achieve impressive milestones.

Top Women Entrepreneurs in UAE

While baby ecommerce shops, fine jewelry, cafes, and home salon services are popular female-owned businesses, Emirati women are making waves in many other sectors. Here are some top names:

  • Hana Al Rostamani: Among UAE women in finance, Hana Al Rostamani is a famous name. Backed by over two decades of experience in finance and banking, she is First Abu Dhabi Bank’s first female CEO.
  • Aisha Bin Bishr: She is Smart Dubai’s Director General and at the helm of UAE’s digital transformation and brings 20 years of experience in innovation and technology to the table.
  • Alia Al-Serkal: She founded the prestigious Al-Serkal Group that has a formidable presence in construction, real estate, and logistics. Alia Al-Serkal is known for her focus on innovation and growth.
  • Sara Al Madani: The Founder and CEO of E-Net Systems, Sara Al Madani offers cutting-edge tech services and solutions across the UAE and inspires women to pursue fulfilling careers in STEM.
  • Manal Alaryani: As the Director at Little Helpers Nursery, Manal Alaryani is not just a businesswoman but also someone who intends to raise awareness about the needs of children with physical and mental disabilities. She aims to help them reach their full potential with the best support and opportunities.
  • Jumana Al Darwish: A decade ago, Jumana Al Darwish founded The Happy Box, a brand that sells educational activity packages for children and ensures happy and productive family time. Happy Hearts Global and The Happy Studio are her brainchild too.
  • Perihan Abouzeid: PeriCare’s Founder and CEO, Perihan Abouzeid’s motto is to boost postpartum recovery in women and support the wellbeing of working mothers through FemTech products.

Now, let’s understand what is driving the emergence and growth of female-led businesses in UAE.

Factors Helping Women to Succeed in Business across the UAE

Every year, Emirati Women’s Day is a reminder of how inclusive and supportive the business environment is in the UAE. The country not only leads in gender equality in the MENA region, but also devotes strategic effort to bridge the gender gap across industries. Government initiatives, free zones, company partnerships, and digital solutions (including payment solutions for women entrepreneurs) are the other drivers:

  • Government-Led Initiatives: The UAE government has multiple initiatives to train and educate women as well as provide them with the necessary resources to start their own ventures and enjoy the same opportunities as men. The Dubai Business Women Council, Mohammed Bin Rashid Establishment for SME Development, and Khalifa Fund for Enterprise Development are among the entities that offer networking, training, financing, mentorship, and innovative environments.
  • Free Zones: These special zones in the UAE support those who are new to the world of business, especially women. Female entrepreneurs receive guidance on acing legal documentation, navigating a competitive landscape, acquiring essential resources, and capitalizing on opportunities.
  • Partnerships with Government Agencies: Women entrepreneurs UAE can join hands with government agencies to obtain the resources and training needed for operating businesses smoothly and successfully. The partnership between the Cherie Blair Foundation for Women and JP Morgan Chase Foundation is a great example of the same.
  • Digital Solutions: Advanced digital tools are helping women business owners to save time, increase operational efficiencies, improve logistics, save costs, and derive data-backed insights to make informed decisions. The use of digital payment gateways UAE is especially helping businesswomen to enhance customer experience and boost the bottom line.

By partnering with an online payment gateway provider like PayTabs, women entrepreneurs can accept payments via different modes, safely, efficiently, and quickly. They can sell more, grow the customer base, and minimize transaction costs. Plus, they can expand to other countries with multi-currency support, ensure robust cybersecurity, gain consumer trust, and drive long-term loyalty.

Realize Your Dreams this Emirati Women’s Day

To reiterate what this write-up has already covered, the UAE is a promising place for ambitious women entrepreneurs to realize dreams. Aided by government support, company partnerships, free zones, inclusivity, and advanced digital solutions, women can go the extra mile in business, compete with male counterparts, and contribute to the nation’s economic growth and development like never before. So, if you are a woman entrepreneur in the UAE, make the most of training, financing, and other initiatives to grow faster. And don’t forget to partner with a reliable payment gateways provider like PayTabs to establish a seamless and efficient payment ecosystem.

2 years ago
RAK International SME FAIR
Mohab Global Events, PayTabs UAE 0

RAK International SME FAIR

To provide an opportunity for small and medium-sized enterprises to showcase their products and network, RAK SME together with RAK chamber and RAK expo have organized an international fair. It is scheduled to be held from 14 to 16th November 2019 at the Ras Al Khaimah exhibition centre in UAE

The fair will be attended by over 200 exhibitors from different countries, providing an excellent opportunity for businesses to collaborate. Participants will also be able to listen to business pioneers and leaders via informative workshops and panel discussions.

Meet & Collaborate

While SME events are a common way to achieve new sales and meet prospective clients, RAK International SME FAIR offers several unique advantages

  • Targeted Approach: RAK International SME FAIR follows a very targeted approach to provide specialized services. The event restricts itself to a well-defined number of categories so that each segment is well represented. The main sectors participating in this fair are food & beverage, energy & sustainability, technology & entertainment and furniture & office supplies. Apart from these sectors, the fair is also going to witness participation from businesses that engage in healthcare, wellness & medical segments, trade & business and beauty & cosmetics. The fair will also encompass several other industrial segments to provide a holistic view of the small and medium scale enterprise market in the UAE and globally.
  • New Products & Services: The key objective of the fair is to provide a platform to SMEs to showcase their new products, services and integrated solutions. As businesses from a large number of industries converge at the event, participants will get an opportunity to fulfill their business requirements under one roof. Whether you are looking for legal services for your new business or you want to develop software for your operations, rest assured you will get a wide range of options to explore here.
  • Networking: The fair is set to attract over 200 participants from a wide range of industries. The occasion thus offers a great opportunity to revive old ties or form new alliances. Attendees will get to interact with representatives from diverse number of industries. So, If you are looking for new collaborations within your industrial segment or are planning to enter a new business field, here, you can meet people with expertise in different areas to widen your horizons.Masterclass sessions on business expansion and sustaining SME growth will be particularly useful.
  • Learn New Developments: As this fair is a platform to let exhibitors and visitors interact, it offers a great opportunity to learn about new market developments. Here too, masterclasses and workshops on innovation and facing the future will prove to be relevant to the audience.

 

PayTabs participation at the RAK International SME FAIR

PayTabs is a leading B2B payment processing service provider in the region. The business is set to showcase its payment gateway solutions at the RAK International SME FAIR over the three days. Drop by, speak to the team and learn more about how they can power your payments, globally.

7 years ago
Women entrepreneurs making big strides in UAE
Mohab Global Events, PayTabs UAE 0

Women entrepreneurs making big strides in UAE

UAE presents a big business opportunity for women looking to launch their business. Women comprise a dominant 70% of the graduates that pass out of universities and 44% share of the workforce. Further, the gender gap in early stage entrepreneurship is already narrowing, with 7.6% women founders as against 11.8% men founders.

Leveraging the PayTabs advantage

PayTabs has always been in the forefront of embracing changes – be they technological innovations on the digital payments front or changing socio-economic equations of empowering women wanting to take the entrepreneurial plunge. Reinforcing this strategy, PayTabs is participating as a featured exhibitor in the Women Entrepreneurship Summit (WES) MENA, scheduled to be held on 22 April, 2019 in Dubai, UAE.

What is the significance of this event?

This invitation-only strategic summit aims to bring together established and aspiring women entrepreneurs across MENA region. It works on the profile sharing concept. It provides a platform to encourage and facilitate female-led entrepreneurship by enabling knowledge sharing and interaction between business women from women-centric organizations and SMEs. Despite the success of women-run businesses, there is still a lot of ground to cover. Women entrepreneurs face several challenges like access to finance, coaching and mentorship channels, networking opportunities and knowledge about the various aspects of running a business, like the changing regulatory regime and digital payment solutions, etc. While the former constraints would be deliberated upon in brainstorming sessions by the participants, PayTabs would effectively tackle the last with its innovative online payment solutions.

The PayTabs’ boost to female entrepreneurship in UAE

The shift from an oil-driven economy to a tech-enabled ecosystem is encouraging women entrepreneurs in diverse sectors. As per a recent survey, women in the GCC manage $385 bn worth of assets in SME businesses. Thus, women entrepreneurs ranging from cup cake owners, florists, financial service providers to fashion consultants, film makers, designers, etc are gradually making a name in the SME space. Being technology driven, these start-ups need digital access to global markets and the capability to accept online payments. This needs to be achieved without necessitating a physical presence in every geography to enable receipt of customer payments. This is where the adoption of PayTabs can prove to be a game changer for lady entrepreneurs. PayTabs, an award-winning digital payments company with strong roots in the MENA region boasts multi-integrated payment options via Visa, MasterCard, American Express, SADAD, Mada and more, using a single API. The PayTabs sales team would be ready and willing to answer all queries related to digital payments and how a payment gateway can be seamlessly integrated into the existing web portal.

PayTabs offers a suite of online payment solutions suited to the unique needs of SMEs and start-ups, supporting over 168 currencies. Further, with PCI-DSS certified, 3D secure authentication, 24*7 customer support and a dual-layer fraud protection system, PayTabs ensures that transactions are 100% safe and secure. Thus, business women can completely focus on running the business, and leave the worries about the payment processing and digital receipts to PayTabs.

If you are a female and entrepreneurship is your calling, UAE is the place to be in the MENA region. With PayTabs unlocking whole new possibilities in digital payments, a lady entrepreneur can conveniently accept online payments from across the globe. PayTabs can be a reliable partner in your entrepreneurial journey. Think cashless, think PayTabs! Save the date.

7 years ago
PayTabs is taking payments to a new level at Seamless Middle East, Dubai
Mohab Global Events, PayTabs UAE 0

PayTabs is taking payments to a new level at Seamless Middle East, Dubai

With businesses and companies getting increasingly digitized, the spotlight on online payments are shining brighter. And PayTabs as a leading payment gateway provider is making the lives of many virtual merchants convenient. To spread the word, it will appear on the Seamless Middle East, Dubai platform from 15-16 April at the Dubai Exhibition and Convention Center.

Payments Everywhere, PayTabs Everyware!

Though most businesses are aware of the benefits of a trustworthy payment gateway solution, there are others who are yet to join the bandwagon. As e-stores continue to mushroom in the Middle East every day, merchants undoubtedly need to ensure they receive their payments safely and quickly. And this is exactly what PayTabs promises and intended to showcase at the Seamless Middle East.

PayTabs will have the opportunity to connect with over 10,000 ecommerce companies, retailers and key providers and vendors from the payment industry. This is thanks to PayTabs state of the art 64sqm exhibition booth at the exhibition, which will showcase the firm’s innovative new products and services.

As a proud gold sponsor of the Seamless Middle East event, PayTabs plans to elaborate on topics like ecommerce, online retail payments and the retail ecosystem. This event is the perfect platform to share innovative ideas and the latest in technology and industry trends. On 15th April 2018, the Chief Digital Officer of PayTabs, will deliver a session on how online payments can be married to customer loyalty for greater customer experience and impact.

PayTabs will showcase its cutting-edge products including Ninja, FarahPay, Vera Pay and Juman.co as well. These programs are ideal for online merchants in varying industries who wish to embrace a simple and trusted payment gateway and open their business to the rest of the world. Interested retailers will receive live demos on how to utilize PayTabs services in the best manner through these programs, learn to manage transactions and invoices, and how to handle recurring payments. Moreover, some programs like Ninja will allow freelancers to refer PayTabs to other businesses and earn an income through the referrals.

Why PayTabs is the future of online retail?

As an intelligently developed online payment gateway, PayTabs lets e-stores receive payments from anywhere in the world in a very secure and hassle-free manner. It allows you to accept 168 currencies, manage your business digitally through a smart dashboard and its services are priced very reasonably too. The checkout process is simple, seamless and hence keeps your customers hooked till they make the final payment.

PayTabs is also easy to integrate with your platform and mobile apps, and it is PCI-DSS certified as well. Their dual layer fraud protection and 3D secure authentication systems are extremely robust and customer information is well-protected. Setting up an account on PayTabs is super easy too and a sales representative will get in touch with you to familiarize you with the gateway and its functioning.

Visit PayTabs at Seamless Middle East from 15-16 April 2016 and soon, you will be able to manage your business online keep track of payments and even receive financial progress reports that indicate how well your business is doing and what you can do to take it a notch higher with PayTabs!

8 years ago
5 Key Factors Driving Online Payments in UAE
Mohab Growth Hacks, PayTabs UAE 0

5 Key Factors Driving Online Payments in UAE

The recent surge in global online payments has been pretty evident across the world and the growth has been driven by stupendous growth in e-commerce transactions done in the Middle East. In fact, in one of our earlier posts, when we clearly stated that as per Capgemini’s World Payments Report 2017, the global growth in non-cash transactions has been driven by CEMEA (Central Europe, Middle East and Africa) & Emerging Asia, with UAE paying a leading role as the biggest contributor to growth in e-commerce and online payments.

The following 5 factors are driving the growth of online payments in UAE:

Increased Card Penetration:

The number of cards being used for any transaction has in fact risen to 10% of all transactions in the UAE and most of the transactions are being done online.

Growing Tourism:

UAE attracts a whole host of tourists and they always tend to pay online for most of their services like hotel booking and air ticketing.

Large upwardly mobile expat population:

The UAE has long been a global melting pot which is a testimony to the large expat population who are more tech savvy and purchase online.

Macro-economic scenarios:

The flattening of oil prices has meant that the country is diversifying its economy and focusing more on new age sectors such as e-commerce which has been aided by robust internet and smartphone penetration in the country.

Demographic Dividend:

The UAE has a relatively young population. Roughly about 24% of its 9 million+ population are below 24 years of age. Therefore it comes as no surprise that significant population in the UAE transact and pay online and pay online.

If you are interested in more such insights, feel free to subscribe to our blog alerts. Moreover, do not forget to sign up for a free demo of PayTabs, to understand how PayTabs can add value to your business.

9 years ago
PayTabs
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