Saudi Database to Boost Women Participation in Economic Sectors

The Saudi government issued several decisions and legislation to enable women to participate in all economic sectors (Asharq Al-Awsat)
The Saudi government issued several decisions and legislation to enable women to participate in all economic sectors (Asharq Al-Awsat)
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Saudi Database to Boost Women Participation in Economic Sectors

The Saudi government issued several decisions and legislation to enable women to participate in all economic sectors (Asharq Al-Awsat)
The Saudi government issued several decisions and legislation to enable women to participate in all economic sectors (Asharq Al-Awsat)

Asharq Al-Awsat learned that the Council of Saudi Chambers intends to involve businesswomen in various economic sectors, issues, training and qualification programs, initiatives, and investment opportunities.

It will do so by building a database for directing invitations to enable women to enter appropriate projects.

At the Council of Saudi Chambers, a Women Empowerment Coordination Council (WECC) was established in accordance with a Cabinet decision.

The decision stipulated the formation of a women’s committee with experience and competence to coordinate with the relevant authorities to encourage private sector establishments to find activities and fields of work for Saudi women.

Furthermore, the WECC issued a circular asking all Saudi chambers to collect the required data to be able to send invitations to the programs and initiatives offered.

The WECC aims to increase the participation of Saudi women in the national labor market as it seeks to ensure the localization of the female labor force, the provision of new opportunities, and the development of capabilities.

Overall, the council looks to activate the role of Saudi Women in the field of economic development. It also wants to remove obstacles inhibiting their participation in various fields of work.

Saudi Arabia, according to its national strategic objectives, is pursuing the empowerment of Saudi women, as the number of establishments owned by women reached more than 174,000 in 2021.

Among the efforts spent by the Council Saudi Chambers in terms of women empowerment is Saudi women being given representation on the boards of directors of chambers. They have also been given a chance to chair several national committees and business councils and attained membership in those committees and commissions.

The empowerment of Saudi Arabian women is at the heart of the Kingdom's 'Vision 2030' reform program with the stated aim of increasing women participation in the job market from 22 % to 30 %.

The Ministry of Human Resources and Social Development worked to empower women, raising their participation in the labor market by the end of the third quarter of 2022 to 37%, exceeding the country's vision goals of 30%.



Japan’s Ishiba Heads to G7 to Press Trump to Drop Auto Tariffs

US President Donald Trump welcomes Japanese Prime Minister Shigeru Ishiba at the White House in Washington, US, February 7, 2025. (Reuters)
US President Donald Trump welcomes Japanese Prime Minister Shigeru Ishiba at the White House in Washington, US, February 7, 2025. (Reuters)
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Japan’s Ishiba Heads to G7 to Press Trump to Drop Auto Tariffs

US President Donald Trump welcomes Japanese Prime Minister Shigeru Ishiba at the White House in Washington, US, February 7, 2025. (Reuters)
US President Donald Trump welcomes Japanese Prime Minister Shigeru Ishiba at the White House in Washington, US, February 7, 2025. (Reuters)

Japanese Prime Minister Shigeru Ishiba heads to Canada on Sunday for trade talks with US President Donald Trump, hoping to persuade him to drop trade tariffs that have imperiled Japan's auto companies and threaten to undermine his fragile government.

The two are expected to meet on the sidelines of a summit of the Group of Seven nations in Kananaskis, Alberta, for their second in-person encounter. It follows a sixth round of high-level trade talks in Washington on Friday.

Japan's top tariff negotiator, Ryosei Akazawa, said he explored the possibility of a deal in detailed meetings with US Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.

"I will make every possible effort to reach an agreement that benefits both Japan and the United States," Ishiba told reporters before leaving Japan. The timing of his meeting with Trump was still being discussed between the two countries, he added.

The trick for Ishiba, who spoke with Trump by phone on Friday, will be to get the president to drop the 25% tariff he imposed on Japanese cars, as well as a paused 24% across-the-board levy that Trump calls a reciprocal tariff, without making concessions that could hurt the prime minister's public support at home.

Returning to Tokyo with no deal would be better politically than conceding too much, analysts say.

"If it goes badly, it could even be seen as a positive for Ishiba, standing up to Trump and standing up for his country when he's under assault," said Michael Cucek, a political science professor at Temple University in Tokyo.

Ishiba and his ruling Liberal Democratic Party face an upper house election next month that comes after a lower house loss in November that left him reliant on the support of other parties to stay in power. Another poor electoral result could bring down his government and would force Trump to reset trade talks with a new Japanese administration.

"The most important thing is that Ishiba does not cave in for a bad (auto) deal," said Joseph Kraft, a financial political analyst at Rorschach Advisory in Tokyo. "I expect there will be some kind of deal, although it could be haphazard. Trump needs some good news and I don't think he has much interest in G7 activities."

Failing to reach an agreement in Canada might not have an immediate economic impact on Japan, but tariffs that stay in place will eventually drag down growth, said Asuka Tatebayashi, senior analyst at Mizuho Bank.

"If you look at the data for car exports to the US for April, it was quite striking. The volume in dollars was down by nearly 5%, but the number of cars has increased a lot," she said.

"It means either they are only selling cheap cars or the manufacturers are absorbing the cost. I think the latter is the case and this is not very sustainable."

Tariffs could shave 0.9% off Japan's gross domestic product, Mizuho Research & Technologies estimated in a report in April.