Job news & views

Search

Post your resume

Back

Print

Female bankers in the Middle East

10 May 2007

Sarah Butcher

Just how easy is it for Western women bankers to land jobs in the growing financial centres of Dubai, Bahrain and Qatar?

Not very, according to some headhunters, who weren't overly keen on being drawn on the subject. "This is too close to the bone," was a common response, although we were told by one London-based headhunter that he'd recently placed a woman and there had been "no issues".

Scratch the surface, however, and things look a little different. "They're not constrained by any of the employment legislation that we have here," says another London finance headhunter who works with the Middle East. "They have no hesitation about describing the person they want for a role in gender, age or racial terms."

He adds that junior and mid-ranking roles in the region increasingly go to female expats, but Western women find it particularly hard to land senior jobs, which typically go to local men.

Things may be changing. Dubai hirers in particular are said to be increasingly prepared to ditch gender-related stipulations simply to get staff through the door. Russell Adam, a consultant at search firm Akamai Financial, says the culture in both Dubai and Abu Dhabi is "very liberal and international", and that female professionals will have "no problem" doing business as a result.

Riyadh and Jeddah are, however, a different issue.

Comments (12)

Regarding the Shaking Hands, it has to do with the culture, as males and females are not suppoesed to have body contact. So this attitude is not about women but about culture.

View all comments

Bookmark

  • Digg.com
  • Del.icio.us
  • Stumbleupon.com
  • Reddit.com
  • Yahoo.com

Comments (12)

  • My friend's wife was hired from the UK and offered annual housing allowance, private medical, kids education. But when she got to Dubai they told her since she is a muslim woman her husband should provide all that
    (but this was a few years ago I am not sure if things are still this bad)

    Anonymous 15 May 2007

    RECOMMEND Recommended 0 times | Alert Moderator

  • When I returned to Bahrain 26 years ago to work my girlfriend (now wife) left her broking role in London to find work in the OBU market.

    She was avidly interviewed by the banks due to her London trading experience & was soon offered a job by a prime US bank. However on local terms compared to another lady brought in from NYC on ex-pat terms, thus any discrimination occured between local terms vs expat terms.

    I am sure that the same thing would occur today if as my wife she applied to a job here in the Gulf as she is on my sponsorship, and the hiring bank will seek to exploit that opportunity. Thus it is likely certain banks will seek to discriminate in several ways if they can until the labour laws are updated & enforced by the key regulatory authorities.

    Whilst my wife was treated with respect in most cases, there were some instances where she felt a little awkward when a local conserative man in the back office refused to take dealing slips dierectly from her& had to be handled by a junior man on the trading desk before they were accepted by him! All part of the local scene so we take it in our stride! If a lady gets a top role with a western bank from london shud be no proble

    Mike 15 May 2007

    RECOMMEND Recommended 0 times | Alert Moderator

  • I worked in the Gulf for several years as part of a (rare) joint career move with my wife, who also got a senior job there with her existing (western) employer.

    Subsequently, she worked for a local government company, also in a senior capacity. I can tell you that attitudes to women in western and local companies are like chalk and cheese.

    I concur with what has been said about benefits devolving to the husband. Local employers also make few concessions to the aspirations of western women; no matter how professionally qualified they may be. If you are working substantially with western professionals and overseas counterparties you may cope, but among nationals it will be difficult to overcome inbred prejudices and expectations of demure, restrained, deferential, uncontentious and sometimes servile behaviour from womenfolk. Don't be at all surprised if a Gulf national (man) refuses to shake a woman's hand.

    Anonymous 15 May 2007

    RECOMMEND Recommended 0 times | Alert Moderator

  • Regarding the Shaking Hands, it has to do with the culture, as males and females are not suppoesed to have body contact. So this attitude is not about women but about culture.




    I am a Muslim and I have no problems with that and even in my country of origin there is nothing wrong about it neither.




    I feel that it is a matter of individuals rather than a group.

    Anonymous 15 May 2007

    RECOMMEND Recommended 0 times | Alert Moderator

  • I have just suffered a similar fate to what has been described above-as  the wife of an ex-pat I was not even offered the expat living allowance or airfares home as "I did not need it"

    Anjie 16 May 2007

    RECOMMEND Recommended 0 times | Alert Moderator

  • I'm a lady, does it mean if I went to Dubai to work I wouild be discriminated against just coz I'm a woman!!!

    Anonymous 18 May 2007

    RECOMMEND Recommended 0 times | Alert Moderator

  • Another major problem in the GCC that many may not know is that they prefer white men. I am an Asian-born American-trained professional with experience that many native Americans/Europeans would envy. Yet, I have been turned down in at least three jobs (at my level jobs do not come that easy) where they said explicitly and openly that they want a "white man". In one case I was offered the job and then when a white man came along, they just took back their offer and gave it to him.

    I have to swim against two strong currents in this region - I am not white and I am not Arabic-speaking.

    Even in the so-called modern Dubai, the situation is the same. Local natives somehow feel that it makes them more important if they have a white man working under them and taking orders from him.

    ZK 18 May 2007

    RECOMMEND Recommended 0 times | Alert Moderator

  • ZK I totally agree. I lived in dubai for many years and as an asian I felt being discriminated against.

    I think the locals (arabs) in the middle east have taken Chris Rocks quote "It's alright if it's all white!!" literally

    Let's hope it change.. but dont hold your breath

    Anonymous 18 May 2007

    RECOMMEND Recommended 0 times | Alert Moderator

  • I am working in Abu Dhabi with one of the big investment banks in the world, we opened a new office here in UAE recently. I have been here for a year and I can tell you that our bank at least value women the same or even better then man.

    If you planing to move here make sure you are working for a real international firms (its the real deal money and luxury). However, never ever consider working for local companies as it's totally a different environment. I have many local friends and I can speak arabic fairly fluently and I can tell you that its a part of their culture not to value Asians and not to take orders from women.

    Anonymous 18 May 2007

    RECOMMEND Recommended 0 times | Alert Moderator

  • I concur with the view that asians and women are generally not valued by local comapnies. however, intrernational firms treat women and asians better

    anonymous 28 May 2007

    RECOMMEND Recommended 0 times | Alert Moderator

Add your comment

* Mandatory

You have 1200 characters left

Enter the code shown here or sign in / register to skip this step. (What is this?)

Post comment

Jobs

Col3
Col4
Col5
Col6
bottom

Site Information

eFinancialCareers is a Dice Holdings, Inc. company. Dice Holdings, Inc. is a publicly traded company listed on the New York Stock Exchange (Ticker: DHX)