Saudi women investments reach SR 60 billion

The volume of investment by Saudi women in the Kingdom stands at SR 60 billion, which accounts for 21 percent of overall investments in the private sector, according to a Saudi female show organizer.
Limia Al-Ajaji, the director of women entrepreneurs exhibition in Alkhobar, told local media that Saudi businesswomen hold nearly SR 50 billion, which is about 75 percent of Saudi banks’ savings.
The exhibition contained more than 60 small and medium enterprises (SMEs) owned and run by women.
She said they are living in an economically advanced country which necessitates pumping of more women investments to keep the economy moving.
Meanwhile, a number of women entrepreneurs explained their projects at the show. A travel suitcase project owner said the idea was originated from the reality and need of Saudi businesswomen who travel on continuous basis.
The idea developed as they looked for small bags to keep private things in to suit traveling requirements where her team was concerned with designing and choosing models and colors of traveling suitcases.
Jewelry designer Nura Al-Husaini said participation in the show is a necessity for Saudi young women to display their creative works.
Fashion designer Amina Al-Jasim said participation in the show has a pressing need to know the reality of market, exchange expertise and encourage young businesswomen.