Saudi Arabia sees 112 percent increase in commercial registrations for businesswomen

Saudi Arabia sees 112 percent increase in commercial registrations for businesswomen

Saudi Arabia has issued 139,754 new commercial licenses to women in 2021, marking one of the largest growth rates according to records, the Ministry of Commerce announced in a statement.

The ministry reported a 112 percent increase in commercial registrations issued for women entrepreneurs in six years from 2015.

In contrast, the report said that 65,912 commercial registrations were issued to female-owned businesses in 2015.

For the latest headlines, follow our Google News channel online or via the app.

Under the National Transformation Program of the Kingdom’s Vision 2030, empowering women and increasing their participation in the workforce is a key objective.

On Wednesday, a job advert to recruit 30 female train drivers in Saudi Arabia attracted 28,000 applicants, highlighting the scale of demand as the Kingdom increases the opportunities for women.

These landmark changes in the Saudi ecosystem come after elaborate measures were taken to promote and protect women’s rights across sectors, and notably, in the country’s labor force.

This includes laws to “stop discrimination in the framework of work” and establish “a number of rights and duties on an equal footing between men and women, such as equal pay in the event of equal value and quality of work, and full equality in the search