Business & Money | Tuesday 15 May, 2018 4:04 am |

Saudi Aramco has signed a memorandum of understanding (MoU) with Imam Abdulrahman bin Faisal University to establish a sustainable social and commercial program for Saudi women.

The top oil producer aims to increase job opportunities for women and enhance their collective skill set, so that they can play a bigger role in the kingdom’s development, the Saudi Press Agency reported.

“The MoU underscores Saudi Aramco’s active role in empowering women,” said Ziad Al Morshed, Executive Director of New Business Development at Saudi Aramco.

SPA said the agreement, signed in Dammam, is in line with an objective, of Saudi Arabia’s Vision 2030, to empower Saudi women. It is aimed at increasing female participation in the workforce from 22 percent to 30 percent, in a bid to allow women to play an integral role in the kingdom’s future development.