Afghan girls attend the second day of classes after schools opened in Herat, Afghanistan, August 23, 2020. EPA
Afghan girls attend the second day of classes after schools opened in Herat, Afghanistan, August 23, 2020. EPA
Afghan girls attend the second day of classes after schools opened in Herat, Afghanistan, August 23, 2020. EPA
Afghan girls attend the second day of classes after schools opened in Herat, Afghanistan, August 23, 2020. EPA

Gender parity begins at school


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As countries around the world begin to ease self-imposed restrictions to contain the spread of Covid-19, they face a new challenge: reviving their economies and societies to standards enjoyed before the pandemic.

Of course, in many parts of the world, girls and women were already fighting for equality and basic rights — a fight the pandemic has made even more difficult. Attaining gender parity is one of the United Nations’ Sustainable Development Goals, recognising that gender equality is not only a fundamental human right, but essential for a peaceful, prosperous and sustainable world.

However, the Covid-19 pandemic has deepened pre-existing economic, social and health-related inequalities already faced by women around the world, according to a recent report from the UN.  Among other issues, women and girls tend to earn less (and consequently save less), hold less stable jobs and have to take on more unpaid care than men, the report warns.

Bella Achieng (R), works with her mother Lilian Adhiambo at her open-air groceries stand near their home in Kibera slum, in Nairobi, on August 7, 2020, as schools remain closed across Kenya to curb the spread of Covid-19. Women tend to take on more unpaid care than men, according to a UN report. AFP
Bella Achieng (R), works with her mother Lilian Adhiambo at her open-air groceries stand near their home in Kibera slum, in Nairobi, on August 7, 2020, as schools remain closed across Kenya to curb the spread of Covid-19. Women tend to take on more unpaid care than men, according to a UN report. AFP

This pandemic is also highlighting deeper issues. Greater action is needed to support the education, empowerment and engagement of young women. Equipped with the right skills and resources, young women can effectively lead the change to a more sustainable world – if they are given the opportunity.

Reassuringly, today more girls than ever before are going to school during their formative years. However, 62 million girls still have no access to education. In Central Africa alone, 28m young girls are unable to receive a basic education.

Girls growing up in impoverished societies face a number of unique challenges, all which impact their ability to enter and stay in school throughout their adolescent years. These challenges include poverty, housework or finding employment to support their families. In these cases, going to school becomes an additional responsibility that many of these girls cannot handle.

But what if education is the solution to many of these challenges?

Right To Education, a global human rights organisation, describes education as a “multiplier right”, or an enabler for women and girls to benefit and exercise their rights in key areas, including work, property, politics, justice and freedom from violence and health.

Consistent schooling also provides a way for girls to become self-sufficient.

The World Bank Group estimates that just one year of secondary education can translate to a 25 per cent increase in wages later in life.

Not only will girls’ education increase personal wealth, but it can also improve a country’s GDP.

In fact, the US Agency for International Development forecasts that by educating just 10 per cent more adolescent girls, a country’s GDP can increase by an average of three per cent.

By ensuring that girls have access to quality education in their formative years, we can improve rates of poverty, ensure greater economic opportunities as well as work to close the gender gap.

The Council on Foreign Relations estimates that the gender gap in education costs the world between USD$15 to USD$30 trillion in human capital.

Here in the UAE, we have seen the true economic, political and social impact of generations of educated and empowered girls and women.

Today more girls than ever before are going to school during their formative years. Pawan Singh / The National
Today more girls than ever before are going to school during their formative years. Pawan Singh / The National
Not only will girls' education increase personal wealth, but it can also improve a country's GDP

Over half of students studying in science, technology, engineering and mathematics – the STEM subjects – are female. This is reflected in the number of women that go on to work in related industries, which is well over 60 per cent. With these promising statistics, there is no question about the power of education, as well as the importance of representation in these industries.

In our rapidly changing world, we now face two challenges: ensuring that millions of girls have access to basic education, as well as closing the gender gap in STEM education.

Future jobs will require a new set of skills including digital literacy, entrepreneurship, innovation and artificial intelligence. By ensuring that girls have equal opportunities to learn and excel in these skills, we can create skilled workers that can participate and contribute to the new digital economy.

Back in January, the Women in Sustainability, Environment and Renewable Energy platform hosted its annual forum during Abu Dhabi Sustainability Week. The forum explored the role that digitalisation and AI can play in female empowerment.

Based on the findings of the Forum, a white paper titled "Artificial Intelligence + Gender Parity, A WiSER Perspective", was published, outlining key discussions, insights from influential attendees, country perspectives on the topic, as well as the 10 key findings necessary to achieve gender equality.

Some of these findings include better support in education, familial influence, mentoring, training and networking opportunities in support of a level playing field.

Education is both the foundation and solution for many of these findings. As Sheikh Zayed, the founding father, said, “The woman is half of the society; any country which pursues development should not leave her in poverty or illiteracy.”

We all have a role to play in ensuring that girls receive the education they need to succeed. They must be empowered to become informed, self-sufficient and realise their role as an integral part of society.

Right now, societies around the world are looking at how they can recover from the unprecedented challenge of Covid-19. If they are going to succeed, they can’t leave half their population behind.

Dr Lamya Nawaf Fawwaz is executive director for brand and strategic initiatives at Masdar

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1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

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10. Substance and CbC reporting focus

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Contributed by Thomas Vanhee and Hend Rashwan, Aurifer