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  • Saudi Arabia has doubled the share of women in the workforce since 2015—but obstacles remain

    Since Sundip Patel began expanding his business in Saudi Arabia three years ago, he says there’s been “astounding” growth in the kingdom structurally and socially. The co-founder and CEO of AVANA Companies, a direct private commercial lender, Patel works directly with women and minority entrepreneurs to build their companies. He says that things that would have been unthinkable in Saudi Arabia not long ago are now everyday occurrences, particularly as it relates to the treatment of women.

    “People are accepting that women can be breadwinners,” says Patel. “Imagine that seven, eight years ago. That was not there, but it’s there now.”

    What Patel, who has lived in the region at least part-time for the past 18 years, is experiencing is the changing landscape of Saudi Arabia following the creation of Vision 2030, a government program launched by de facto ruler Crown Prince Mohammed bin Salman in 2016 that seeks to diversify Saudi Arabia economically, socially, and culturally. As part of that mission, many of the barriers and mores that held women back from the workforce are no longer in place. Saudi women can now drive, travel freely without a guardian, converse with men they are not married to in public, and, yes, work. 

    The change in the country in less than 10 years has been dramatic. Women now comprise around 36% of the workforce, according to the government, up from 17.4% in 2015 and well past Vision 2030’s initial goal of 30%. The religious police—previously a threat to anyone not adhering to the kingdom’s strict conservative laws and norms, especially single women operating in the public sphere—are far less visible, particularly in large cities like Jedda. 

    Unrelated women and men can mingle in public—and in the workplace, eliminating one of the major obstacles to companies hiring women in the past. Saudi labor regulations explicitly prohibit wage discrimination based on gender, though the gender wage gap remains in practice, and can be as high as 49%, according to a study by the Saudi-based Alnahda Center for Research. And women do not need a male guardian’s permission to handle administrative business like leasing an office space.

    Women also do not need a male guardian’s permission to secure a business loan. That has helped women flourish in the entrepreneurship scene, where they now lead 45% of the Kingdom’s small- and medium-sized enterprises, according to government figures. Female business leaders Lubna Olayan, of the Olayan Group conglomerate, who spoke this week at Fortune’s Most Powerful Women International Summit in Riyadh, and Adwa Al Dakheel, of Falak Investment Hub, are well-regarded throughout the country.

    A push from the government

    It helps that getting more women in the workforce is a priority of the Saudi government. There is a push for incubators and accelerators specifically for Saudi women, says Patel, and government support is strong. Monsha’at, the Saudi-equivalent of the U.S.’s Small Business Administration, hosts academies to train women entrepreneurs.

    Women have made particular in-roads in retail, hospitality, teaching, health care, the civil service, and tourism, according to government statistics. Finance has also become more welcoming to women, both in Saudi Arabia and in the Gulf states with which the kingdom shares many cultural ties. Both women from the Middle East and North African region who appear on Fortune’s 2025 Most Powerful Women list are finance executives: Hana al Rostamani, Group CEO of First Abu Dhabi Bank; and Shaikha Al-Bahar, deputy group CEO of the National Bank of Kuwait.

    Lubna Olayan broke ground as one of Saudi Arabia’s first female business leaders. Now she’s focused on what comes next, backing a new generation of innovators and entrepreneurs. In this opening conversation, she’ll share insights on the country’s evolving landscape, the value inclusive leadership, and why she believes we’re entering a new era for business – and for women.
    Lubna Olayan, Chair of the Corporate Board, The Olayan Group; Chair, Olayan Saudi Holding Company (OSHCO); Chair, Saudi Awwal Bank (SAB), speaking at Fortune’s Most Powerful Women International in Riyadh, Saudi Arabia.
    Fortune

    As one result of the country’s earlier sex-segregation policies, women also have proliferated in the tech sector, says Rothna Begum, legal advocacy director at the New York-based Clooney Foundation for Justice’s Waging Justice for Women initiative. Many were able to learn coding on their own because it would enable them to work without being in a mixed environment. 

    It remains rare to find women at the top ranks of the corporate world or government in Saudi Arabia. Just a handful of women have reached senior level cabinet positions, including Al-Shihana bint Saleh al-Azzaz, an attorney who was recently appointed by MBS to chair the Saudi Authority for Intellectual Property.

    Still, it’s hard to overstate how profoundly some women’s lives have changed.

    “I think the biggest structural difficulty is the amount of time it takes to change long-standing social norms and expectations,” says Tim Callen, a visiting fellow at the independent nonprofit Arab Gulf States Institute. “But they are certainly changing. When I went to Riyadh in January, a female customs agent checked my passport both going in and leaving. That was unthinkable five years ago.”

    “There’s a ton of what you would consider liberalization of society,” says Begum, who now lives in the United Kingdom. “It will be less segregated than it was even five to six years ago.”

    “Saudi women came from not being involved in the economy to being fully involved, and they’re making it happen,” says Patel. “It’s amazing.”

    ‘No one can complain’

    While the Vision 2030 statistics paint an optimistic picture, Begum, who was previously a women’s rights researcher for the Middle East and North Africa region of Human Rights Watch, says they belie an at times darker reality. Though the Crown Prince implemented the sweeping changes, he has also overseen one of the strictest crackdowns on criticism of the government in recent history

    Imprisonment and harsh treatment of activists, including torture and death sentences for some advocates, have had a chilling effect on speech, says Begum, who adds that even online, “the authorities do not tolerate dissent.”

    The share of women in the workforce, though it exploded in the first few years of the program, has stagnated more recently, hovering between 33% and 36% since 2020, according to the government’s statistics. Begum believes that the flattening reflects women being scared to overstep. “We’re not going to see the types of women’s rights reforms that we need to see,” says Begum. “because no one can complain, no one can advocate for anything more.”

    And while Saudi Arabia may be unrecognizable from just a few years ago, deeply held societal norms seldom change overnight, or even over a decade. Begum says there was hope when the Crown Prince first announced Vision 2030 that it would lead to the dismantling of the country’s male guardianship system. Instead, the Personal Status Law, codified in 2022, reinforced it.

    Under that law, Saudi women must obtain a male guardian’s permission to marry, cannot divorce without petitioning a court on limited grounds, must still “obey” their husbands, and cannot abstain from sex without a husband’s approval.

    All these norms put a ceiling on women’s economic freedom, advocates argue. “While some women are managing to get into workplaces and sectors of the labor market that we want, it really is up to the family and the man in charge,” Begum says. “If you are from a progressive, modern family, you might be okay, as long as you stay quiet.”

    A Saudi woman working at the Civil Defence Operations Center.
    A Saudi woman working at a Civil Defence Operations Center. Under prior rules that required stricter sex segregation, some Saudi women were able to find work in tech jobs that allowed remote work.
    FETHI BELAID/AFP—Getty Images

    The country also boasts a significant migrant worker population, and women domestic workers, many of whom are migrants, “endure gruelling, abusive and discriminatory working conditions,” Amnesty International said in a new report. Although Vision 2030 introduced some reforms to Saudi Arabia’s labor law, domestic workers are excluded.

    Change takes time, says Sundip Patel of AVANA. While there are more Saudi women in the workforce, there is also a lack of mentorship and networking infrastructure for them, meaning many aren’t able to level up their careers, at least not yet. Women in the C-Suite, or even the level below, remain rare, he notes. A lot can change in a decade, but even more can stay the same.

    “The capability of women being sort of fully ingrained in the economy has just been very recent, 10 years,” he says. “Experience is the best teacher. So you need time to groom and cultivate this knowledge.”

    This story was originally featured on Fortune.com

  • Melinda French Gates explains why her new book focuses on big transitions, and why Warren Buffett was one of the first to learn about her divorce

    Melinda French Gates says she never expected to write a book about transitions. But over the last few years, she’s gone through a divorce (from her ex-husband, Microsoft cofounder Bill Gates), left the $75 billion foundation the two founded back in 2000, and turned 60. Her new book, The Next Day, dives into each of these monumental changes—and more. 

    “You don’t get to be my age without navigating all kinds of transitions,” French Gates writes in the book’s introduction. “Some you anticipated and some you never expected. Some you embraced and some you resisted. Some you hoped for and some you fought as hard as you could.” 

    In a recent interview with Fortune, the philanthropist explained that the idea for the book was born out of a commencement speech she gave at Stanford University last year, which focused on managing life’s twists and turns. 

    “I realized, gosh, I have a lot more to say about transitions,” says French Gates. “So I just started to go ahead and do a book.”

    French Gates is uncharacteristically candid in The Next Day

    “I loved Bill,” she writes in a chapter titled “Distill Your Inner Voice,” which details the end of her nearly 30-year marriage. “Not only that, but I valued our family life deeply—and I felt enormous responsibility to the foundation we’d started together. Was I going to rip all that apart? Was I going to forgo the future we’d imagined for so long?”

    French Gates tells Fortune she was acutely aware of the ripple effects her divorce would have, both personally and professionally. That’s why, back in May 2021, before publicly announcing their split, the former couple made an important phone call—to none other than Warren Buffett, their friend and benefactor. (Over the years, Buffett has given more than $39 billion to the Bill and Melinda Gates Foundation, including donations he made after the couple decided to divorce.)

    “I mean, he had made this enormous investment in the foundation,” says French Gates, “and so whatever decision he would eventually need to make or not make about that was his. We both felt strongly he was one of the first people we needed to tell.”

    The Next Day is French Gates’s second book and her first that’s largely autobiographical. It also includes chapters on French Gates becoming a mother and the loss of a close friend earlier in her life. But the philanthropist says she felt obligated to write about her divorce. 

    “I felt like it was important to include it, because people knew I’d been through it,” she says. “And if I’m talking about transitions and I don’t write about it, then it feels disingenuous, right?”

    Pivoting from the Gates Foundation to Pivotal

    Last year, French Gates initiated yet another high-profile split. In June 2024, she stepped away from the Bill and Melinda Gates Foundation, focusing her philanthropic efforts on Pivotal, an organization she’d started in 2015 which aims to advance women and families through investment, partnerships, and advocacy. (The organization rebranded as the Gates Foundation after French Gates resigned.) 

    French Gates said that her “North Star” at Pivotal is lifting up women and girls. But just as she’s learned to roll with the punches in her personal life, she said that the strategy of how to achieve this goal requires an open mind rather than a set ideology—a point she makes in the book. 

    “The world for women is changing, so I need to have a lot of flexibility to know, ‘Where do I make investments, where do I put down grants, where do I use my voice,’” she explained in the interview, referring to both geopolitical and economic shifts. 

    Another point French Gates makes in the book is that the move to a full-time focus on Pivotal represented the first time in her philanthropic career that she had full control over how an organization’s resources are used. This, she said, has changed her as a leader in some unexpected ways. 

    “I think I ask more often, ‘Am I wrong here? What am I not seeing? What should I see?’” she said. “I’m probably able to be more vulnerable then I felt I could be at the foundation, and that was nobody else’s fault at the foundation. That was me.” 

    French Gates, who has long been known for her polished and privacy-conscious image, has become more comfortable with being vulnerable in other ways too. One of the more surprising disclosures in the book is her openness about her recent struggles with panic attacks. 

    “I didn’t even really know if it was a real thing, and I never expected it to happen to me,” says French Gates. “But once it did, the more I started to talk to friends about it a little bit, the more I started to realize more people were having them then I realized.”

    French Gates says the panic attacks were her body’s way of trying to tell her something—a signal that her head and heart were out of alignment. But these days, a bit of lingering uncertainty doesn’t seem to throw her inner voice out of whack. 

    As French Gates writes toward the end of her book: “I still haven’t reached the other side. But this journey has renewed my faith that even on our darkest, most difficult days, somewhere deep within us, a new beginning is quietly forming.” 

    This story was originally featured on Fortune.com

  • Meet LaFawn Davis: A C-suite executive at Indeed who dropped out of college and proved you don’t need a degree to land a top job

    When LaFawn Davis was growing up, she didn’t dream of becoming an astronaut, a doctor, or a teacher…she dreamed of becoming the CEO of seven companies, at once.

    This ambition inspired a strong work ethic, one that propelled Davis into the workforce at 14, when she took her first job at a Black-owned flower shop in her hometown of San Jose, California. And once she started working, she never stopped.

    Despite her strong work ethic, Davis—who landed her current job as Indeed’s chief people and sustainability officer in May 2024—told HR Brew that her career hasn’t always been smooth, in part because she didn’t have a bachelor’s degree.

    “I was told that because I didn’t have a college degree, there were certain roles I couldn’t go for. I was a believer that, regardless of what the job description says, if I felt like I could do it, I would go for it anyway,” Davis told HR Brew.

    But she isn’t the only HR pro without a bachelor’s degree. Just 31% of people pros in the US have achieved that level of education, according to an HR Brew/Harris Poll survey conducted in September. Some 12% have an associate’s degree, while 30% have a high school diploma and 8% have less. Meanwhile, 18% have a graduate degree.

    Davis shared with HR Brew how she climbed the corporate ladder without a four-year college degree.

    Career journey. After graduating high school, Davis enrolled at San José State University. But she said she found herself skipping classes to go to work and decided to drop out and join corporate America. She worked in operational roles at startups during the dotcom era, but when that bubble burst in 2000, she lost her job. And without a bachelor’s degree, Davis said she was turned away from new opportunities.

    So at 22, with a newborn to care for, she made the difficult decision to move home with her parents. But she was still determined to rejoin the corporate workforce and fulfill her childhood dream of becoming an executive.

    During those post-dotcom years, Davis said she leaned heavily on her network of corporate contacts, who helped her find work as a claims adjustor, executive assistant, and chief of staff. Each role taught her a new admin or people skill. Then, in 2005, she got her big break—she was hired as a program specialist at Google, where she would work for eight years, ending her tenure as its HR business partner for diversity and inclusion.

    “I really focus[ed] on a lot of HR programs and initiatives and how diversity, equity, inclusion can be woven throughout the whole process of the employee life cycle,” she said. “I really loved it, and I thought I found what my career path was going to be, as opposed to a job. I felt like I was actually embarking upon a career.”

    After Google, Davis said she played a game of “tech company roulette,” moving between employee experience and DEI roles at firms including Yahoo!, eBay, and Paypal. In 2019, nearly 15 years into her HR career, she landed at Indeed as a VP of diversity, inclusion, and belonging.

    Skills-first is the future. Davis said she was lucky to have had so many opportunities to break into corporate America without a bachelor’s degree, and wishes the skills-based hiring her employers practiced were more common.

    “The skills-first movement is not anti-college degree at all…It is more that a college degree is just not the only route to gaining skills, and helping both people and companies understand what it means to hire for skills,” she said.

    Davis said she used to be “ashamed” that she didn’t have a four-year college degree. Nowadays, she enjoys sharing her story, and uses it to inform her work at Indeed, where she strives to make the application process easier for candidates by encouraging companies to adopt a skills-first approach.

    “One of the things that I said when I came into Indeed was, ‘We need to drink our own champagne…Whatever we’re going to ask other companies to do, we need to do it ourselves,” she said, adding that Indeed dropped college-degree requirements from its corporate job postings in 2022, and calls itself a fair chance employer.

    “I won’t be the CEO of seven consecutive companies at the same time,” she said, but “becoming part of the C-suite, knowing along the journey that I don’t have a college degree, has been a great space of inspiration for others to know they could do the same.”

    This report was written by Mikaela Cohen and was originally published by HR Brew.

    This story was originally featured on Fortune.com