The Wall Street Journal reported that the World Bank's Women Entrepreneurs Fund, an idea that the president's elder daughter proposed, will work to help women in the Middle East who want to start their own businesses.
The [$100 million] donation from Saudi Arabia and the UAE was set to be announced at a Sunday event with President Trump's daughter, according to the report.
The first daughter spoke with Saudi women who are civil leaders, businesswomen and elected government officials during the president's first foreign trip.
The announcement by World Bank President Jim Young Kim came during a visit to Saudi Arabia by President Trump, who was accompanied by his wife, Melania, daughter Ivanka and son-in-law, Jared Kushner.
"We thought it was a fantastic idea," Kim said. "But we had no idea how quickly this would build. This is really a stunning achievement. I've never seen anything come together so quickly, and I really have to say that Ivanka's leadership has been tremendous." The money will help kick off a $1 billion women's empowerment fund that the World Bank will announce in July, he said.
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Saudi Arabia will lift its ban on women drivers in June 2018, in a move the interior minister said would "transform traffic safety":
Saudi Arabia's lifting of a much criticized ban on women drivers will reduce the number of car crashes in a country with one of the world's worst traffic-related death rates, its interior minister said on Thursday.
King Salman announced the historic change on Tuesday, ending a conservative tradition which limited women's mobility and was seen by rights activists as an emblem of their suppression in the kingdom where Islam originated.
Saudi Arabia was the only remaining country in the world to bar women from driving, a policy that will officially end in June 2018 after a ministerial committee reports on measures needed for implementation.
Prince Abdulaziz bin Saud bin Nayef, the interior minister who took over from his uncle in June, said security forces were ready to apply traffic laws to men and women, though he did not mention if women would be recruited as traffic police.
"Women driving cars will transform traffic safety into a pedagogical practice which will reduce human and economic losses caused by accidents," he was quoted as saying on the ministry's official Twitter feed. He did not elaborate.
The current King of Saudi Arabia was crowned on January 23, 2015.
Also at the Washington Post. NYT has teaching activities for your students.
Related: Saudi Arabia, UAE to Donate to Women Entrepreneurs Fund
Saudi Arabia to Lift Ban on Online VoIP and Video Calling Services
Something is definitely going on in Saudi Arabia:
Saudi authorities arrested at least 11 princes, several current ministers and dozens of former ministers in a sweeping move reportedly designed to consolidate power for the son of King Salman bin Abdul-Aziz Al Saud. According to media reports citing Saudi-owned television network Al Arabiya, an anti-corruption committee ordered the arrests hours after King Salman directed the creation of the committee, headed by his favorite son and adviser, Crown Prince Mohammed bin Salman.
The committee was established by the royal decree, The Associated Press reports, "due to the propensity of some people for abuse, putting their personal interest above public interest, and stealing public funds." Billionaire investor Prince Alwaleed bin Talal is among those detained, The Wall Street Journal reports. Alwaleed holds stakes in some of the world's major companies, including Apple and Twitter.
Remember Prince Alwaleed? Bitcoin could outlive him.
It's unclear what those arrested are accused of doing, but Al-Arabiya reported that new investigations into the 2009 Jeddah floods and 2012 MERS virus outbreak have been launched.
Separately, the heads of the Saudi National Guard and Saudi Royal Navy have also been replaced.
BBC notes that the reform faction is in control here:
BBC security correspondent Frank Gardner says Prince Mohammed is moving to consolidate his growing power while spearheading a reform programme. [...] Prince Mohammed recently said the return of "moderate Islam" was key to his plans to modernise Saudi Arabia. Addressing an economic conference in Riyadh, he vowed to "eradicate the remnants of extremism very soon". Last year, Prince Mohammed unveiled a wide-ranging plan to bring social and economic change to the oil-dependent kingdom.
Some Soylentils have been skeptical of Saudi Arabia's recent moves towards liberalization (some listed below). Has this apparent purge of internal political opposition changed your mind about the viability of these reforms?
(Score: 0) by Anonymous Coward on Monday May 29 2017, @12:24AM
(Score: 4, Insightful) by DonkeyChan on Monday May 29 2017, @12:29AM (5 children)
But when are they going to stop stoning them in the streets and give them the same rights as men?
Ohhh this is just a show that's right.
(Score: 4, Interesting) by tftp on Monday May 29 2017, @01:02AM
Just a show, you say? You are not cynical enough:
They are investing $100M as a bait (and even that is just a promise,) attract 10x as much from other sources, and then can steal all that and more back! Governments are usually not allowed to give public money to well connected individuals, but such grants make it possible.
(Score: 5, Insightful) by n1 on Monday May 29 2017, @01:06AM (3 children)
Just going to leave this here....
Source: Adam Johnson at Fair.org [fair.org]
See also:
Source: Adam Johnson at Fair.org [fair.org]
(Score: 2, Informative) by Anonymous Coward on Monday May 29 2017, @01:36AM (1 child)
I'm not an apologist for Ignatius or the Saudis because their problems are obvious and legion. But since you bolded that line I figured it was worth at least a google-check.
It took me 30 seconds to find this Ignatius column from 2016:
Sooooo... Looks like FAIR isn't quite as fair as they'd like us to believe.
(Score: 2) by n1 on Monday May 29 2017, @02:25AM
You have a ... fair ... point... The original claim is pretty bold, but still illustrative in my opinion.
There may well be other articles with even more, better references to the human rights concept... I would note that the article in question is talking about "arabs" in general -- not specifically Saudi Arabia -- and even then is referring to a survey covering 16 countries, about what young people in the region "want". He is not explaining historical or current actions on the Saudi government, reform or their record in recognition of human rights.
(Score: 0) by Anonymous Coward on Monday May 29 2017, @05:36AM
Wtf is a D&D tournament?
(Score: 1, Informative) by Anonymous Coward on Monday May 29 2017, @01:30AM
Remember when getting the saudis to pay $25M for HIV drugs [theintercept.com] disqualified Hillary from the presidency?
Nope. Never happened!
(Score: 4, Insightful) by Snotnose on Monday May 29 2017, @01:30AM (1 child)
I'll believe it when women in Saudi Arabia can drive, go to school/college, or do anything without a male's permission.
We make enough oil, it's time we tell the Saudis to flat out fuck off until they join the 20th century, then put them on a very limited leash until they join the 21'st century.
When the dust settled America realized it was saved by a porn star.
(Score: 2) by kaszz on Monday May 29 2017, @02:50AM
Don't worry there are many scenarios:
* Oil runs out (inflated well reserve data)
* CO2 restriction wipes out oil income
* Another power source undermine the oil business
* Someone decides to let men in green jumpsuits have a vacation in the sand, just ask Iraq