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Saudi Arabia Employs More Women In The Technology Sector Than Europe

According to the most recent report from Endeavor Insight, Saudi Arabia has a larger proportion of women working in the technology startup industry than does Europe.

The socioeconomic transition that is currently underway, supported by Vision 2030, which aims to improve the quality of life and elevate citizens’ ambitions, has resulted in an increase in female participation in the workforce, dubbed as “spectacular surge.”

Never in Saudi Arabia has there been such a hopeful time to be a young woman leader. Opportunities are taking the place of obstacles in a variety of ways, according to Ctrl2GO Global general manager Elina Idrisova.

Ctrl2GO is a technological partner for industrial companies looking to grow sustainably. The business has carried out over 100 digital transformation projects for over 50 firms globally, including Glencore, Schneider Electric, GE, Saudi Aramco, Siemens, and Sibur.

The business, which was founded in 2016, is now widespread, with offices in Saudi Arabia, Oman, India, Russia, and many more nations.

“I’m excited by all the transformation happening regarding women’s leadership in the Kingdom. And I’m glad to be one pioneer here… to be a general manager of an international IT company in Saudi Arabia,” Idrisova told Arab News.

She emphasized that the World Bank’s Women, Business and Law Report for 2020 and 2021 ranked the Kingdom as one of the top nations in the world for reforming laws and regulations pertaining to women.

“This came as a result of the accelerated reforms undertaken by the Kingdom to empower Saudi women,” she said. “The economic participation rate of Saudi females increased during the three years from 2017 to 2020 by 94 percent.” 

She said that Saudi Arabia had a higher proportion of women working in the technology startup industry than Europe, reflecting the rise of female entrepreneurs in the Kingdom.

In the past three years, Saudi women have been given important jobs, including Lubna Olayan, the first Saudi woman to lead a foreign business council, Sheila Al-Rowaily, a former Saudi Aramco finance employee who later joined the Saudi Central Bank’s board of directors, Sarah Al-Suhaimi, the first Saudi woman to chair the Kingdom’s Stock Exchange Tadawul, and Basmah Al-Mayman, the regional director for the Middle East at the UN World Tourism Organization.

The road is clear and paved with opportunities, according to Idrisova. She is pleased to see that Saudi women are leading the Kingdom’s transition toward Vision 2030. 

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