The Federal Authority for Government Human Resources (FAHR), recently held the third virtual session of the Human Resources Club in 2022, under the title "Women’ Empowerment through Investment", which was attended by nearly 200 club members from inside and outside the country.
The session, which was held using live broadcast technology, was hosted by Ms. Nandini Joshi, Chief Operating Officer of Stash Away Company, who reviewed the most prominent financial statistics related to women in the Middle East and North Africa, ways to empower women for more financial initiatives, how to evaluate investment strategies, and the inverse relationship between investment risk and investment return.
She argued that when talking about success in the world of finance, business and investment, men have a better chance, as they are more inclined to take risks in a world full of challenges, while most women prefer to invest in areas where the profit is almost guaranteed, even if the return is not great.
Nandini Joshi added that women's participation rate in the labor market and investment, is low in many countries of the world. “To increase this rate, governments must put in place legislation and policies that enable women to go through this experience, while providing them with necessary support, and raising their awareness of the available investment opportunities, and how to benefit from them.” she said.
She said: “Studies have shown that the relationship between investment risks and return on investment is direct, meaning that the higher the risk in a business, the higher the financial profits. I must say that investment needs bold risk-takers”.
Ms. Joshi called on women wishing to invest, to diversify the scope of their investment, rather than be satisfied with one type, as the investment market is volatile, and anyone who invests their money should be aware of that, so as not to lose it, citing the famous Chinese proverb: "Don’t put all your eggs in one basket".
“You must first clearly define your needs and goals” she said. “Then assess the level of risk to be taken, develop the investment plan, and identify the suitable types of assets and investments.
“Finance and business experts recommend starting with low-risk investments, to avoid large losses in the beginning, even though they are usually of relatively low profit, but you can recover your money from such investment easily. Moreover, this type of investment does not need following a specific and binding time frame and must be secured by the company’s assets”.
About the Human Resource Club
The Human Resources Club launched in 2010 is one of the most important strategic initiatives of the Authority. It is an interactive platform and an intellectual and knowledge communication channel that brings together interested people, to discuss human resource issues and support services.
It is an interactive platform that offers its membership, an ideal opportunity to learn about the best practices, experiences and success stories of many individuals and institutions, as well as meeting with specialists and actors in the field of institutional work.
It is noteworthy that the door to membership is open free of charge for those interested in human resources, public administration institutional support and other relevant fields. The Club is keen to communicate with its affiliates through website, e-mail, and various social networking channels. Those interested can apply for membership through: The Authority website: www.fahr.gov.ae, or the Club e-mail: HRClub@fahr.gov.ae