Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 512

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in D:\siti\eposweb.org\eposweb.org\libraries\joomla\filter\filterinput.php on line 514
Nahed Taher, the “Desert Rose” of Saudi Arabia
   
 
 
Subscribe

Warning: Creating default object from empty value in D:\siti\eposweb.org\eposweb.org\modules\mod_random_image\helper.php on line 85

Warning: Creating default object from empty value in D:\siti\eposweb.org\eposweb.org\modules\mod_random_image\helper.php on line 85

Warning: Creating default object from empty value in D:\siti\eposweb.org\eposweb.org\modules\mod_random_image\helper.php on line 85
The_grin_of_the_politician_and_Italy_thrown_away_in_the wind_small.png


Warning: Creating default object from empty value in D:\siti\eposweb.org\eposweb.org\components\com_k2\models\item.php on line 445

Nahed Taher, the “Desert Rose” of Saudi Arabia

 
Sunday, 16 September 2012 19:49
 
Rate this item
(0 votes)

 

 

by Nicolamaria Coppola (EPOS)
EPOS Insights

 

In Saudi Arabia women are prohibited to drive, vote or hold high-level government office. Poverty and tradition deprive them of control over basic choices, from what to wear to when to get married: they live in a state of complete subordination to men and are struggling to carve out a central role in this firmly patriarchal and strong male-dominated society. Despite the barriers, Nahed Taher has managed to achieve her goals and she has become the first woman chief executive of a bank, the Saudi Arabia's Gulf One Investment Bank, which she also co-founded in 2005 with Zyiad Omar.

Mrs Taher is unusual in a country where women need permission from a close male relative to get an education, work, or travel, but good old-fashioned capitalism has been playing an important role in women emancipation. The economic liberalization of several Muslim countries in recent years, and the privatization of large chunks of government-run companies, have helped Muslim businesswomen to get a greater foothold: women like Taher are gaining power despite traditional obstacles and lots of them are now in charge in banking, a sector exclusively populated by men up to a pair of years ago.

Taher, whose investors have nicknamed "Desert Rose" for her ability to tap capital from the arid region, has financed the construction of air terminals to serve pilgrims visiting the holy cities of Mecca and Medina, and she has also been overseeing financing for a water desalination plant for Saudi Arabian Airlines, as well as Saudi copper, zinc and gold mines. The Gulf One Investment Bank was set up in Bahrein in 2005 with $1 billion in capital and in 2007 the bank’s co-founders set a goal of raising $10 billion for infrastructure investments. It recently launched a $100 million fund targeting small and medium-size enterprises in countries that include the United Arab Emirates, Kuwait, and Bahrain. As Bloomberg News reports, the Saudi market is down about 7% this year, but once it improves Taher would like to sell shares to the public. She owns 2.7% of the bank, and she is searching for ways to advance the status of women: nearly half of the bank’s 75 employees are female. «There are many opportunities for Saudi women in such sectors as banking, health and e-commerce. The economy would benefit greatly from their intergration», Mrs Taher insists.

Nahed Taher belongs to a very open-minded family that respects men and women as equal. She is a good illustration of the egalitarianism advocated in the Holy Qur’an, and she is the perfect example that elegance and femininity are not forsaken if a woman is to succeed in a male-dominated field. In 2000 this woman, who turned down a job offer from the International Monetary Fund because she wanted to return to Saudi Arabia, was the Head of the Department of Economics at King Abdul Aziz University in Jeddah and in 2001 she earned a PhD in economics from Britain’s Lancaster University: her thesis was concerned with the behavior of the monetary sector and its implications for monetary policy in Saudi Arabia. She is a high-positioned professional, an academic, a wife and a mother. She does not feel that a career precludes motherhood. «A woman who works is likely to be more organized, better able to prioritize, more sophisticated and better informed. My career has enabled me to enrich the lives of my children, and helped me to educate them», she said in an interview for ArabNews.  Mrs Taher firmly believes that children of two-income households are healthier, more well-rounded and better connected to society so they can therefore give more back to their country.

Nahed Taher is the emblem of a society that may change its traditional characteristics and that is able to be posed on the same footing as other societies in the world in which equality between men and women is really guaranteed. The "Desert Rose" surely is the first Arab woman in the Gulf to head up a bank, but female emancipation is uphill all the way.

Last modified on Sunday, 16 September 2012 20:13
Login to post comments
EPOS PARTNERS
Epos Audio Playlist
Open in new window
Epos Suggested Links