The Economic Future of Saudi Arabia: Women at the Helm, Championed by Princess Reema bint Bandar
Rana Maristani
CEO at R Consultancy Group | Senior Executive Investments Advisor to H.H. Sheikh Ahmed Bin Faisal Al Qassimi | Partnering with RAKEZ and the Ministry of Investment, Saudi Arabia.
The winds of change are blowing across Saudi Arabia, heralding an era of empowerment, inclusivity, and economic transformation. The engine behind this metamorphosis is the Kingdom's most overlooked yet impactful resource - women. Advocated by the Kingdom’s ambassador to the US, Princess Reema bint Bandar, women are now emerging as pivotal players in shaping Saudi Arabia's economic landscape.
Under the blueprint of the Kingdom's Vision 2030 reform initiative and Princess Reema's inspiring leadership, there has been a paradigm shift towards gender equality and female empowerment. Women have been thrust into the spotlight as essential contributors to the diversification and sustainability of the Saudi economy.
Princess Reema has been a beacon of hope and change for women in the Kingdom, championing their economic participation through significant amendments to labour laws. Dubbed the "Princess Reema Effect", this has ignited a surge in female employment and entrepreneurship, proving that women are no longer mere participants but drivers of the Saudi economy.
To further bolster women’s economic participation, the government has launched a plethora of initiatives. Women-only business incubators, funding and training programs for female entrepreneurs, and skill enhancement initiatives are all part of this groundbreaking shift.
Another significant milestone was lifting the ban on women driving, thereby promoting their mobility and access to job opportunities. This has also opened the doors to new sectors, such as women’s transportation services, further expanding the scope of women's economic contribution.
At the heart of this transformation lies the significance of education and training. "Education and training are about more than acquiring skills; they're about confidence building, about preparing women to take their rightful place in society as full participants. We can shift cultural attitudes and norms around gender and business,” says Princess Reema.
Fulfilling this vision, Oracle Academy has launched specially designed training programs for women in Saudi Arabia. Experts tailor these programs to adopt the best-blended learning platform, creating dynamic learning content that not only imparts skills but instils confidence. The scalability of these programs ensures that they can reach a broad swath of women, amplifying their impact.
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Many Saudi women are now leading entrepreneurs, innovators, and business leaders, a testament to the opportunities created by Vision 2030 and the drive led by Princess Reema. This transformational wave is not just about numbers; it's about individual stories of empowerment and the collective strength of Saudi women.
Saudi Arabia's economic future rests with its young population, and Princess Reema has emphasized the need to empower the young generation of Saudi women. Her dedication to creating an environment that nurtures creativity, innovation, and entrepreneurship among young women is instrumental in shaping the future workforce.
Saudi Arabia's economic landscape is undergoing a sea change, with women playing a crucial role in this transformation. The leadership of Princess Reema bint Bandar and initiatives like Vision 2030 are carving out a future where women enjoy equal opportunities to contribute and excel.
The journey towards gender equality in Saudi Arabia is a work in progress, but the strides taken so far are truly remarkable. As Saudi women continue to shatter stereotypes and lead the way forward, they are not just empowering themselves but shaping the future of the entire Kingdom. The role women are playing in Saudi Arabia's economic evolution is undeniable and inspiring. Their journey and progress underscore the belief that the future of Saudi Arabia is indeed female.
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1 年Exciting times indeed Rana Maristani ;)