UAE women more financially literate than men, bucking global trend

Women in the UAE are more financially literate than men, according to a new survey which said it one of just a few countries in the world where this is true.

The Standard & Poor’s Ratings Services Global Financial Literacy Survey showed that in almost every country apart from the UAE, there is a material gap between men and women.

Worldwide, there is a five-point gender gap, with 35 percent of men being financially literate compared with 30 percent of women.

However, in the UAE, women’s financial literacy averages 4 percentage points higher than men’s while in China and South Africa, there was no gender gap.

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UAE women more financially literate than men, bucking global trend

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