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Economic diversification boosts women's involvement
The article discusses the role of diversifying the Saudi economy in enhancing women's participation in the labor market. A study that reviewed data from 1991 to 2019 indicates that excessive reliance on oil revenues is associated with a decline in women's employment opportunities, particularly in the industrial sector, while their opportunities in the services sector have increased. The study emphasizes that developing non-oil sectors, such as manufacturing and services, contributes to creating broader employment pathways and boosts women's participation. This is part of the Saudi Vision 2030 strategy to diversify the economy and achieve sustainable growth.
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