UAE to launch investment firm for women

The UAE will launch a company that will provide investment and asset management services for women and families within an ongoing programme to support female business, the project manager said yesterday.

The Central Bank has already approved the company, which will be announced shortly as one of a handful of household investment services ventures in the region, said Fatima Al Jaber, Chief Executive Officer of Abu Dhabi-based Al Jaber Holdings.

Al Jaber, who will head the new company, announced the project at an Arab women investment conference, which opened in the capital yesterday.