Saudi Arabia moves up global women inclusion rankings: World Bank
February 24, 2021, 11:37 am

Saudi Arabia moves up global women inclusion rankings: World Bank

Saudi Arabia’s Vision 2030 program aims to raise the participation of women in the labor market from 22 percent to 30 percent. (File photo: Reuters)

Saudi Arabia has made progress for the second year in a row in the “Women, Business and Law 2021” report issued by the World Bank, scoring 80 points out of 100, the Saudi Press Agency (SPA) reported on Wednesday.

The report is “a series of annual studies measuring the laws and regulations that affect women’s economic opportunity in 190 economies,” according to the World Bank website.

Last year, the Kingdom scored 70.6 out of 100. This year’s score of 80 raised Saudi Arabia’s ranking to become one of the leading countries of the report in the Middle East and North Africa region.

According to the World Bank report, this achievement by the Kingdom is “an affirmation of the strength and continued momentum of legislative reforms in laws and regulations related to women, as the Kingdom has achieved gender equality in all areas of employment, to meet the needs of the labor market,” SPA said.

Saudi women work at a dates packaging factory in Al-Ahsa, Saudi Arabia. (Reuters)

The Kingdom has achieved a full score of 100 in five main indicators out of eight measured by the World Bank report: mobility, pension, entrepreneurship, workplace, and pay.

Dr. Majid bin Abdullah al-Qasabi, the Minister of Commerce and Chairman of the Board of Directors of the National Competitiveness Center, said that this achievement comes as a result of Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman’s keenness to implementing reforms in the Kingdom, according to SPA.

https://twitter.com/KSANCC/status/1364461358285279232

The minister expressed his appreciation to the government agencies that have contributed to the implementation of legislative reforms aimed at enhancing the role of women in economic development and raising the Kingdom’s competitiveness regionally and globally.

He added that the Kingdom’s Vision 2030 has “contributed to supporting the implementation of these reforms.”

Saudi Arabia’s Vision 2030 program aims to raise the participation of women in the labor market from 22 percent to 30 percent.

source: Reem Krimly

Image source: Reuters

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.