United Arab Emirates women play the market
About a dozen veiled women, some with only their eyes visible, stare at a large flat screen flashing stock prices inside a female-only dealing room at the Dubai bourse.
Motivated by a desire to make some quick money, share their husbands’ passion for stocks or simply fill in time, many housewives in the United Arab Emirates (UAE) have been lured into a bubbling stock market over the past year.
“The problem is that we had a mad rush into stocks at the highest prices,” says Salma al-Mansuri (30), a female financial adviser.