Saudi Arabia Political Economy Environment Dissertation

Saudi Arabia Political Economy Environment - Dissertation Example The results of this policy are that about 58% of the university students in Saudi Arabia are women, following globalization, education, and economic benefits, more women in the Kingdom are being employed, estimated at about 5% to 15% of the workforce are women. Several factors contribute to women being in business include: †¢ Women are responsible for controlling most of the country’s wealth, and as a consequence are able to access informal funding which support the growth of business entrepreneurs. It is estimated that women are in possession of over SR45 billion, most of which (approximately 75%) is deposited, idly, in banks. †¢ Ownership of businesses in the Kingdom have about 4% of the businesses belonging to women, the retail sector has about 5,500 commercial registrations being of projects by women, which accounts to an estimated 20% in the retail, contractual, wholesaling, and transferable businesses sectors, and Arab News has recognized the contribution made by women in the economy of the region, by publishing the Kingdom’s top twenty women ventures in the region in March 2007. This was reported as a new perspective that deviates from the norm, where men are considered the entrepreneurs and pillars of Saudi Arabia’s economy. The current rise in women involvement in economy is based on the education and financial strength gained by women. Women have gained power through empowerment via education and business.