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Great bank in Oman

Saudi Vision 2030 Empowers Women Through Reforms and Opportunities > Saudi Vision 2030 reforms boost women’s opportunities across Saudi sectors > Training, policies, and global exposure empower Saudi women for success Read more: https://bit.ly/4hrPtto #internationalfinance #saudivision2030 #womensempowerment #saudiarabia #genderparity #futureinvestmentinitiative #herizonsummit #economicdiversification #globalworkforce

A very important and often overlooked pillar of Saudi 2030 Vision: women employment in Saudi Arabia has grown substantially. “In four years, the female labor participation rate nearly doubled to about 37%.” “Progress for women has by itself already boosted the country’s GDP by about 12%, according to Capital Economics. S&P Global Inc. predicts bringing more women to the labor force could help add $39 billion to the economy in the next decade and drive the growth of new sectors like finance.” Via Christine Burke

Excellent article from Christine Burke (+ colleagues) at Bloomberg. I have been fortunate to travel frequently to #SaudiArabia and every single time I visit (typically 2-3 months intervals) it appears the pace of change is remarkable. There is a lot of misconception about the Kingdom of Saudi Arabia (and Gulf nations more broadly), several in my network have asked "are you sure, will you be safe?" My standard response "You have never been there, right"? The standard response: "No, how do you know?" My standard response: "Then you would not ask the question, it is probably 100x safer than Chicago. I could leave my phone on the street, come back 1 month later and it would still be there." The country has favorable demographics, average age 29 years old, great English speaking skills & hospitality + generosity are second to none. Macro it's happening in the Middle East / East, compare it with the 90s in US with (stock) markets + internet hype. Excitement, everybody going forward, collectively. The sentiment is like that. Read the article but some quotes: "The ascent of women leaders in Saudi finance is a dramatic shift from a decade ago" "even so, many Saudi women who remember an earlier time feel there are more opportunities than ever before to make their mark." “People still wonder about us. They think that women in Saudi live in tents and move around on camels" And one that definitely comes sooner than later... “This is the next stage in our journey. Then maybe we will see a global female Saudi CEO.” Go and visit. You will not regret.

Bahrain’s efforts to empower women economically have yielded positive results earning the kingdom an advanced place according to an international report. The Women, Business and the Law 2024 (WBL 2024) has shown Bahrain achieving a significant increase of 30.6 per cent in the WBL 2.0 index compared to 2018. The report, issued by the World Bank, covers 190 economies and evaluates laws and regulations that influence women’s empowerment in the economic field. Read more: https://lnkd.in/eAdt9BkA #gdnonline #gdnmedia #gdnnews #manama #bahrainnews #bahrain #bahraini #women

In honor of Bahraini Women’s Day, Bahrain Islamic Bank (BisB), in collaboration with CFA Society Bahrain, has launched the “On Her Path” initiative. This program aims to empower Bahraini women by enhancing their professional capacities and fostering growth, particularly in Islamic banking. Through mentorship by 13 female leaders at BisB, the initiative highlights the Bank’s commitment to equality and innovation, contributing to Bahrain’s vision of a progressive and inclusive society. #BisB #BahrainiWomensDay #OnHerPath #Empowerment #Equality #ProfessionalGrowth

Breaking Barriers: The Changing Role of Women in Saudi Arabia Discover the evolving status of women in Saudi Arabia, from their empowerment within households to recent legal reforms allowing them to drive. Dive into the cultural dynamics and the path toward a more progressive society. #WomenEmpowerment #SaudiArabiaProgress #CulturalShift #WomensRights #GenderEquality #DrivingReforms #WomeninSociety #SaudiArabianCulture #ProgressiveChange #SocialTransformation

Burgan Bank announced joining forces with Soroptimist Kuwait in a powerful display of solidarity for the global “Orange the World” campaign, in line with the directives of the General Secretariat of the Supreme Council for Planning and Development. Taking place from November 25 to December 10, this annual initiative highlights the importance of ending all forms of gender-based violence and promoting a brighter, safer future for women and girls worldwide, with this year’s theme being “Educate to Empower”. https://lnkd.in/dyyT_mV5

The Securities and Exchange Commission of Pakistan (SECP) has unveiled the Women Equality in Finance Policy Framework (WEFP) for Non-Bank Microfinance Companies (NBMFCs), setting a… Read More: https://lnkd.in/dHDy9jMq

Did you know that Iraq has one of the lowest labour female participation rates in the world, with only 1 out of 10 women being present in the labour market? To address some of the barriers that prevent women from working, ILO PROSPECTS has partnered with the Lutheran World Federation (LWF) and equipped around 1,200 young female entrepreneurs in the country with financial skills, business management and coaching to help them start and grow their own enterprises. On top of that, in partnership with the Central Bank of Iraq and financial institutions, the ILO has piloted a tailor-made financial product to meet the financial needs of the female entrepreneurs that went through the capacity-building programme. Watch the video below and get inspired by the incredible journey of these women! #financialinclusion #socialimpact #womenempowerment w/ Inès Bentchikou | Yousra Hamed | Fadia JRADI | Shaza Al Jondi | Bashar Samarneh