KPMG Saudi Arabia Supports W20 Agenda

AlNahda Society signed a strategic partnership with KPMG, leading provider of audit, tax, and advisory services in Saudi Arabia, to support and sponsor the dialogue sessions of Women 20 (W20) that is presided by the Society.

Over the course of the coming nine months, there will be a range of meetings in preparation for the W20 Summit, including the articulation of a closing statement that will be submitted to the G20 leaders during their meeting in Riyadh in November 2020.

The G20 allocated eight communication groups that seek to present the different points of view regarding the economic, social and financial challenges on the table of the G20. The W20 is one of these groups and had its inception meeting in February at Princess Nourah bint Abdulrahman University.  

Effat University in Jeddah hosted the second meeting of the group, with the participation of HRH Princess Lolowah AlFaisal, Vice-Chair of Effat University Board of Founders & Board of Trustees, and General Supervisor of the University and Dr. Thoraya Obaid, chair of W20.

Commenting on the strategic partnership with Alnahda Society, Kholoud Mousa, Partner at KPMG in Saudi Arabia and Head of Inclusion & Diversity at KPMG, said: “this strategic partnership comes in the context of KPMG’s continuous endeavor to enable national cadres, Saudi women in particular, to contribute to enhancing the developmental role and benefit from the national expertise and capabilities. These dialogue sessions of W20 aim to address different fields that may contribute to integrating and enabling Saudi women in different fields.”

She asserted that the dialogue sessions of W20 have a special role since they empower Saudi women.  “Our participation in and support of these sessions reflect our consolidated commitment to supporting the events that enhance the efforts in contributing practically to the promotion of the status of women with regard to the economy and investment are at the heart of the agenda of G20 this year.”

Rasha Al-Turki, Executive Director of Alnahda Society, confirmed the importance of the outputs of the dialogue sessions of W20, as these sessions will present recommendations and policies related to the economic empowerment of women, and to submit such recommendations and policies to the G20 leaders during the Summit in November in Riyadh.

Al-Turki commended the role of KPMG in Saudi Arabia in supporting and sponsoring the series of national dialogues for Saudi women that will highlight their priorities, empowerment and active role in different fields under different themes, the most important of which are the work sector, economy, technology, and entrepreneurship.

The dialogue sessions held in Jeddah have highlighted the priorities of Saudi women and financial, labor market and technological inclusion, as well as women’s participation in entrepreneurship.

W20 aims to continue the achievements of Japan and complete the series of meetings that will present recommendations and policies that have a positive and fruitful impact in all fields related to empowering women economically. 

The group to achieve several objectives that include reducing the labor force participation gap between men and women by 25% by 2025 and promote women’s economic empowerment was incepted in 2015.