There Isn’t One Middle East. There Are Two – By Cosette Awad

There Isn’t One Middle East. There Are Two - By Cosette Awad

“One is sprinting. The other is fighting. Both are fascinating. Neither the Middle East is getting the headlines they deserve.”


The Levant’s 14% proves Lebanon leads a region where policy is outpacing data, and the world isn’t listening.

Dubai: The Sprinter

If you believe the old story, Arab boardrooms are mahogany temples of male silence. No women. No change. Just oil and cigars.

But that story died in 2017.

That year, women held less than 4% of board seats in the United Arab Emirates. Today? Fifteen percent. In fact, in just six years, the UAE quadrupled its number of female directors. For context, Europe took two decades to do what the Gulf just did over a long lunch. As a result, the pace of change in the UAE stands out as remarkably swift compared to Western progress. Nevertheless, this rapid shift raises questions about sustainability, though for now, the numbers speak for themselves.

So how did they do it? They didn’t beg. They mandated. State companies got targets. Boards that ignored women got uncomfortable phone calls. And suddenly, the world’s most famous oil economy discovered something better: female talent.

Consider the financial sector, for example. UAE banks now sit at 15.8% female board representation. Unsurprisingly, banks figured it out first. After all, money is clever that way.

Meanwhile, Saudi Arabia is coming from behind, just under 3% today, but when the Crown Prince says Vision 2030, he means business. Bahrain is already at 10.5%. Even Kuwait, the region’s sleepy turtle, is moving.

This is the Gulf story. Fast. Top-down. Working.

But it is only half the picture.

There Isn’t One Middle East. There Are Two - By Cosette Awad

Beirut: The Fighter

Now fly west. Land in Lebanon.
No oil or royal decrees. No stable electricity. A port in ruins. A currency that performs circus tricks. And yet, women who refuse to quit.

Meanwhile, here is the only hard corporate number for the entire Levant: Lebanon sits at 14% female board representation. Still, that figure, achieved amid collapse, carries a different weight. In short, resilience without resources may be the quietest form of power.

Fourteen percent. This number is not mandated. It is not gifted. Instead, it has been earned in a country that has been on economic life support for years.

But here is what makes it remarkable. The International Finance Corporation looked at 1,600 Lebanese companies. Half of them have at least one woman on the board. Half. In a country where people charge their phones during the two hours the generator works.

And then there is the number that should be a billboard. Lebanese companies with female board members posted a 20.7% return on equity. All-male boards? 10.3%.

Read that again. Twenty point seven versus ten point three.

So the next time someone tells you diversity is “nice to have,” send them to Beirut. The math does not lie. It also does not care about your electricity cuts.

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Amman: The Lawmaker

Jordan is the region’s quiet lawyer. In 2020, they passed a Corporate Governance Code requiring listed companies to have at least one woman on the board. That is the strongest legal mandate in the Levant.

However, here is where policy outpaces data. The law exists. But the numbers do not. Nobody is actually checking yet. No national index. No enforcement headlines. Just a good law waiting to become a real one.

That gap, between what is written and what is measured, is the whole story of the Levant in one sentence. Jordan has the policy. Lebanon has the proven ROI. But neither has the spotlight.

And then what about Syria? Syria is the blank page. Post-Assad, post-war, pre-everything. The transitional rules say 20% of parliament must be women. Yet of the 1,500 candidates who ran, only 14% were women. So there it is again. The gap again. Always the gap.


Why Nobody Is Making Noise

This is the part your readers will talk about.

The West loves a certain kind of Middle East story. Veils. Victims. Violence. It sells. It confirms old ideas.

But a story about Emirati women quietly running bank boards? Or Lebanese women doubling return on equity while the economy burns? That does not fit the script. It is not dramatic enough. It is too competent.

As a result, the world stays silent.

Nevertheless, the Gulf just became the fastest-growing region on the planet for female board representation. And the Levant is proving that you do not need stable electricity to have stable leadership.


The Bottom Line

Here is what you actually need to know:

  • UAE: 15% and sprinting. Watch them catch Europe by 2030.
  • Lebanon: 14% and fighting. The ROI stat alone should be a billboard.
  • Jordan: Law on the books. Now comes the hard part.
  • Syria: Too early to count. But the fact that they are trying? That is the news.

The world is not making noise because the world is not paying attention.

But you just did.

And once you see these two Middle Easts, the sprinter and the fighter, you cannot unsee the revolution happening right in front of us.

It is quiet, but fast. It is absolutely fascinating.

Welcome to the new Arab boardroom.

Bring a chair. There might be a woman sitting in it.

Quick insight:

“Lebanese companies with female board members posted 20.7% ROI. All-male boards? 10.3%. The math does not lie. It also does not care about your electricity cuts.”

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Read more articles: https://executive-women.global/en/empowerment-through-finance-dijanas-journey-as-a-macedonian-entrepreneur-advocate/

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