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Saudi Arabia’s $121 billion reason to allow women to drive

Allowing Saudi women to drive could help the kingdom reap as much income as selling shares in Saudi Aramco.

  • Bloomberg
  • The Sydney Morning Herald

The move, which went into effect on Sunday, could add as much as $US90 billion ($121 billion) to economic output by 2030, with the benefits extending beyond that date, according to Bloomberg Economics.

Taf 3cSelling as much as 5 percent stake in Saudi Arabian Oil Co. — at the most optimistic valuation — could generate about $US100 billion.

Saudi Arabia ended its status as the…

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