Greater empowerment of Saudi women expected

Updated 12 November 2017

Greater empowerment of Saudi women expected

RIYADH: Saudi women have shown leadership skills but Shoura Council member Haya Al-Munea has noticed their lack of number or absence in key decision-making platforms.

She expects an increased empowerment of women in the future, and they will play a more active and vital role in the decision-making process in various fields in the public and private sectors.

In an interview with the press, Al-Munea — a writer herself — based her belief on the fact that women have not been included on the list of those involved in corruption, in addition to the fact that they’re highly educated.

“Women are more careful about accuracy in work and integrity. They hold positions and are untainted by any manifestation of corruption,” she told an Arabic daily.

She also expressed her firm belief that this will happen if and when efficiency — in addition to integrity and competence — is one of the criteria of choice rather than gender in appointing personnel to leadership positions.

She lauded King Salman’s move of forming a supreme committee to stamp out corruption, going after persons accused of wrongdoing and punishing them if and when they’re found guilty.

She added that they should not be spared no matter what their positions or status in life are so that the initiated administrative reform will succeed, which heralds a better tomorrow for the nation as well as for the Saudi people.

In the public sector, women have shown their brilliance and competence. Ten women out of 30 retained their posts as Shoura Council members when the Kingdom reshuffled the consultative body in early December last year.

By historic royal decrees, they’re among those who advise King Salman on policies and legislation. A majority of them hold doctorate degrees and have held positions in universities across many different fields.

Plans are also afoot for the Kingdom to empower women scholars to play a greater role in the Islamic ruling process. The Shoura Council plans to authorize them to issue fatwas and pave the way for them to contribute to Islamic research rulings.

In diplomacy, the number of female diplomats employed by the Saud Foreign Ministry and working inside and outside Saudi Arabia has risen to 113, according to Foreign Ministry spokesman Osama Nugali.

Abroad, they’re making Saudi Arabia proud. One of them is Manal Radwan, first secretary and political coordinator at the Saudi mission at the United Nations in New York. She attended the George Washington University for her master’s degree in political science and government.

In business and finance, Khlood Aldukheil holds the position of managing director of the Aldukheil Financial Group, a closed company engaged in investment and banking.

She has expertise in various areas, including business formation and restructuring, debt advisory and debt restructuring, risk management and regulatory compliance, and investment banking.

She is currently the president of the National Committee for Statistics under the Saudi Council of Chambers, chairperson of the audit committee for Saudi Orix Financing Company, among others.

For his part, lawyer and arbitrator Ibrahim Al-Hakami attributed the absence of corruption and waste of public money among women to the lack of senior positions available for them.

Al-Hakami also noted that women in leadership positions are few — in stark contrast to their male counterparts — and their number can be counted on the fingers.

“When a woman holds a leadership position, she is more afraid of responsibility than men. It’s because there are only a few women leaders and she’s careful because she wants to keep her position and preserve her reputation, he said.

Activists and writers with social advocacies have also expressed their firm belief in the capability and qualification of women for leadership positions.

“There is no woman in a circle of corruption,” said Halima Muzaffar, a poet, on her official Twitter page, adding that “women are more active and more honest.”

‘Davos in the Desert’ brings 150 global leaders to Riyadh

Updated 12 min 46 sec ago

‘Davos in the Desert’ brings 150 global leaders to Riyadh

  • The Future Investment Initiative (FII) runs from Oct. 23 to 25
  • The three key themes of this year’s event are investing in transformation, technology as an opportunity, and advancing human potential

RIYADH: The Public Investment Fund (PIF) of Saudi Arabia has revealed the program for a high-profile gathering of global leaders, business chiefs and innovators in Riyadh next week.

The Future Investment Initiative (FII) runs from Oct. 23 to 25 with US Treasury Secretary Steve Mnuchin and IMF Managing Director Christine Lagarde among those scheduled to take part.

More than 150 speakers from 140 different organizations have confirmed their attendance for the event which was hosted for the first time a year ago and was quickly dubbed “Davos in the Desert” — a reference to the annual World Economic Forum hosted each year in the Swiss resort.

The three key themes of this year’s event are investing in transformation, technology as an opportunity, and advancing human potential.

“FII is a global platform focused on identifying future economic trends and opportunities, defining the future of industries and discussing how investment can contribute to overall global prosperity and development,” the PIF, Saudi Arabia’s sovereign wealth fund, said on Monday.

“Ten years on from the global financial crisis, the world is undergoing a period of large-scale economic and technological transformation. FII will convene global leaders, investors and innovators to discuss how businesses, governments and global institutions can work together to drive long-term growth and prosperity.”

The next installment of FII will include a panel called “One World” — a look at how leaders from business and government develop a collective vision for the future.

Other sessions cover digital currencies, capital flows, market drivers, immersive technology, sustainability and giga-projects such as NEOM, the vast development announced at last year’s FII.