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Middle Eastern women own just 14% of business establishments in the region, despite a recent boost in female commercial participation, an Arab business leader said.
Speaking at a Women's Economic Forumin in Dammam, Sheikha Hessa bint Sa'ad Al Abdullah Al Sabah, chairman of the Arab Council of Businesswomen, compared the Arab figures to the US and Europe, where women owned up to 30% of all businesses.
Although figures were low, there has been an increase in the number of Saudi women securing commercial registration, UAE daily Gulf News reported on Monday.
“The number of commercial registrations in the name of Saudi women reached about 43,000, which represents 20% of commercial registrations issued in the kingdom,” Sheikha Hessa said, quoted the newspaper.
Sheikha Hessa compared the Saudi situation to the UAE where there are over 9,000 businesswomen, with women accounting for 18% of the Emirates’ private sector.
Hind Al Zahid, director of the businesswomen's centre of the Jeddah Chamber of Commerce and Industry, said that Saudi women make up only 13.5% of the 7.7 million Saudi workforce despite holding 35% of the kingdom’s bank accounts.
Only 565,000 of the kingdom's 8.4 million female population is currently employed, Al Zahid said.
The Women’s Economic Forum follows a National Dialogue Forum in Buraidah last week, during which a member of Saudi's Shura Council told delegates a woman’s duty is to be at home, bringing up children.
RELATED: Women told to stay at home
“We have to understand that the basic duty of women is at home and bringing up children,” said Sheikh Abdul Mohsen Al-Obaikan.
Sheikh Abdul said that although women should stay at home it was not against Islamic law, which the conservative Muslim kingdom follows strictly.
Sheikh Abdul was speaking at the two-day during which delegates called for the creation of more employment opportunities for Saudi women.
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Monday, 21 May 2012 2:15 PM - Red Snappa
Other than the usual ridiculousness, this is what caught my eye.
"All ministries and private agencies should use Hijri dates (the Islamic Calendar... more
we are in trouble because of Leighton, since they joined our company, and our company is going down down and down. so pls Leighton leave us more
Tuesday, 22 May 2012 4:22 PM - KumarThis 1mbps offer was made to me in February by a friendly Etisalat staff who phoned two weeks after I had subscribed to the 512kbps package for the same... more
Tuesday, 22 May 2012 1:09 PM - Louie Tedesco
wishful thinking i would put a months salary on it not being completed in 5 yrs
where are all the passengers coming from based on your own reports... more
the majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurIt is the Arabian Gulf because firstly Persia hasn't existed since 1935 and, therefore, does not appear on modern maps. So, by saying Persian Gulf we are... more
Sunday, 20 May 2012 7:40 PM - Juma Said JumaThis is not the right time to start launching studios, the economic situation in Europe is getting worse daily and is likely to create big ripples in UAE... more
Monday, 21 May 2012 2:15 PM - Red Snappa
Other than the usual ridiculousness, this is what caught my eye.
"All ministries and private agencies should use Hijri dates (the Islamic Calendar... more
Instead of clinging to anything that reminisces you of your obliterated past, why don't you spend sometime fixing your disgraceful and humiliating present... more
Tuesday, 22 May 2012 9:30 PM - Fahdthe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurHOW CAN WE FORGET 2008, WHY DID YOU NOT FORGET TO PAY ALL YOUR STAFF BONUSES LIKE YOU HAVE DONE ON THE PAST TWO OCCASIONS , YET YOU CANT COMPENSATE OR... more
Wednesday, 16 May 2012 4:51 PM - MOOSAThe words one should read and think about are "it COULD make sense to sell Emirates in the future". Sir Flanagan does not say it does make sense at this... more
Thursday, 10 May 2012 11:16 AM - Paul dxbWhen I first went to live in ABu Dhabi - I clicked up a couple of speeding fines during the frist year (on empty roads and certainly not tailgating - but... more
Thursday, 17 May 2012 5:45 PM - BaffyNEVER BUY PROPERTY IN ARAB COUNTRIES !!! more
Sunday, 6 May 2012 6:37 PM - Rene
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