18/02/2018 07:25 AST

Saudi women do not need the permission of a male guardian to start their own business, according to the Ministry of Commerce and Investment. “No need for a guardian’s permission. Saudi women are free to start their own business freely,” ministry spokesperson Abdul Rahman Al-Hussein tweeted on Thursday using an Arabic hashtag that translates as #No_Need.

The #No_Need campaign is an initiative of Taysir, which aims to streamline the necessary procedures to establish a new business. There is no longer any need to visit a notary to document the founding of a company. The Abshir system means this can all be done electronically. Saudi women will no longer face more obstacles than a man does to establish their own business and government agencies will no longer require the consent of a guardian for a woman to complete the necessary procedures.

Al-Hussein told Arab News: “Women can practice all their commercial transactions in the Ministry of Commerce and Investment without a guardian or a notary.”

Nojood Al-Qassim, head of the Department of Personal Status, Family Legacies and Women’s and Children’s Rights, pointed out that this latest step toward the empowerment of Saudi women is in line with the government’s overall development drive.

“One of the directives of Vision 2030 is to activate the role of Saudi women in society and to give them their full rights and the rights guaranteed by Shariah,” she told Arab News.

Dima Al-Shareef, a Saudi law consultant, said: “I believe this new approach will open the door to (women) in our homeland to highlight their talents and ideas and translate them into a realistic business with a worthy financial return.”

She added: “We are witnessing a new era in the empowerment of Saudi women, in the commercial sphere in particular.”

Arab News

Ticker Price Volume
SACCO 59.53 238,491
SABIC 112.76 5,780,764
ALMARAI 54.43 842,171
PETRORABIGH 24.90 1,971,650
EEC 15.20 2,039,089
BURUJ 34.26 41,241
SCERCO 24.68 69,474
Saudi tourism outstrips overall economic growth in Kingdom


The KSA travel and tourism sector grew four times faster than the wider economy in 2017, according to a report released by the World Travel and Tourism Council (WTTC), on Thursday.

The tota

Arab News

Oman's economy to accelerate in 2018-19 on energy exports, BMI says


Economic growth in Oman is expected to accelerate this year and next, as the biggest Middle Eastern oil producer outside Opec boosts oil and gas exports, BMI Research said.

Real gross dome

The National

UAE, Saudi Arabia discuss civil aviation cooperation


The General Civil Aviation Authority (GCAA) and a high-level delegation from the Saudi Arabia headed by Saad Bin Abdul Aziz Al Khaleb, Deputy Minister of Transport, have discussed ways of strengtheni

Gulf News

Saudis hunting for deals plan to meet Amazon, Apple, Google


The delegation of hundreds of Saudis that’s descended on the US for three weeks will meet executives from Amazon, Apple, Google, Pfizer and other companies as they hunt for foreign investment.

Gulf News

GCC e-commerce market set to hit $23.7b by 2022


The Gulf Cooperation Council (GCC) e-commerce market is growing rapidly and is expected to reach $23.7 billion by 2022 rising at a rate of 7.2% per annum, according to the findings of the latest stud

The Gulf Today