Women investors seek support to fight red tape

Updated 20 December 2014

Women investors seek support to fight red tape

A local businesswoman here has called on the government to ease red tape for women entrepreneurs in Saudi Arabia.
Current regulations and bureaucracy is hampering the development of businesses run by women, said Aisha Natu.
“Women don’t only want to be seen, they want to actively participate and translate their aspirations into reality.”
Natu said she uses her weekly column in a local Saudi newspaper to write about the challenges facing women.
“I am not a writer but a citizen wanting the nation to know how women are suffering in terms of having to deal with various laws and procedures.”
Natu said she was always encouraged by her parents to be a staunch Muslim and work hard.
She completed an arts degree and then constructed a building close to the Grand Mosque in Makkah.
“When the project was successful, I started to think that I could be a businesswoman. I never planned it, but this building played a role in shaping my future,” she said.
She became the head of the board of directors for Eye to Eye Optics, a company that was started in 1990, and became one of the 27 fastest growing firms in Saudi Arabia. The company then split into three, which included optometry, training, and advertising and media.
She now runs the three companies, which has 100 employees. “I’m part of the team and we are all part of this success.”
Other Saudi businesswomen have also complained about bureaucratic hurdles in the past.


Saudi Arabia: Requests from 160 nationalities have been screened to select Hajj pilgrims

Updated 12 min 30 sec ago

Saudi Arabia: Requests from 160 nationalities have been screened to select Hajj pilgrims

  • Of the pilgrims who will receive approval, 70 percent will be non-Saudis and 30 percent will be Saudi citizens
  • The requests were sorted in accordance with high standards that will ensure the safety and health of pilgrims

RIYADH: Requests from people of 160 nationalities in the Kingdom have been screened electronically to select who will perform Hajj this year, Saudi Arabia’s Ministry of Hajj and Umrah said on Sunday.

The requests were sorted in accordance with high standards that will ensure the safety and good health of pilgrims.

The deadline for all applications was July 10 and the main criterion for selection is good health.

Of the pilgrims who will receive approval, 70 percent will be non-Saudis residing in the Kingdom and the remaining 30 percent will be Saudi citizens.