Financial literacy is key to women’s liberty, Princess Reema bint Bandar says

Saudi Ambassador to the US Princess Reema bint Bandar was taking part in the Rockefeller Foundation campaign. (The Rockefeller Foundation)
Updated 11 July 2019
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Financial literacy is key to women’s liberty, Princess Reema bint Bandar says

  •  “My goal is to educate women on financial literacy,” the Saudi diplomat said
  • “I truly believe that liberty for a woman comes from the ability to make the financial decisions for her life”

DUBAI: Financial literacy and self-sufficiency can empower women in many ways, Saudi Ambassador to the US, Princess Reema bint Bandar said in a video campaign by the Rockefeller Foundation.

“Today more and more women are entering the workplace, but they still don’t have the education to make the correct financial decisions for themselves,” she explained.

The princess was appearing in video released on Tuesday, as part of the Rockefeller’s “Solvable” campaign, involving experts and leaders from all around the world talk about a specific issue they are passionate about, and what they are doing to solve it.

She said that during her time in retail, many of her female employees would approach her about their financial issues, prompting her to realize that something had to be done “to give women access to the right tools and training” to overcome these problems.

 “My goal is to educate women on financial literacy,” the Saudi diplomat said, talking about Alf Khair, a social enterprise she founded in 2013 to “educate, train, and develop the skills” of Saudis.

At the organization, they teach women how to be self-sufficient through workshops and seminars.

“I truly believe that liberty for a woman comes from the ability to make the financial decisions for her life,” she said.

Princess Reema is the Kingdom’s first female ambassador, and had been the vice president of women’s affairs at the General Sports Authority before her appointment. She graduated with a bachelor’s degree in museum studies from George Washington University.

Watch the video here:


Saudi Arabia joins International Maritime Security Construct

Updated 54 min 54 sec ago

Saudi Arabia joins International Maritime Security Construct

  • The aim of this international alliance is to protect merchant ships through providing safe navigation
  • The operation covers Strait of Hormuz, Bab al-Mandab, Sea of Oman and Arabian Gulf

RIYADH: The Kingdom of Saudi Arabia has joined the International Maritime Security Construct, a source from the Ministry of Defense said on Wednesday.
The US-led coalition, which includes Australia, Bahrain, and the UK, aims to protect commercial ships and provide safe navigation.
The International Maritime Security Construct area of operation covers Strait of Hormuz, Bab al-Mandab, Sea of Oman and Arabian Gulf.
The Kingdom’s move comes in support of regional and international efforts to deter and counter threats to maritime navigation and global trade, and ensure global energy security and the continued flow of energy supplies to the global economy.