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Earlier this month we were all astonished by the decision taken in the Kingdom of Saudi Arabia allowing women over 21 to issue a passport and travel abroad without needing the permission of a male guardian. As a further step toward acknowledging women's rights, mothers are now granted the right to apply for passports for children in their custody and approve travel abroad.

The nuance here is that this has been granted to mothers in the case of death of the father, or if the parents are divorced and the mother has custody. Previously, this right would go to the father regardless of custody agreements, or toward the father's male relatives in the case of death.

These changes have been are paving the road towards Crown Prince Mohammed bin Salman's economic transformation plan, aiming to attract more foreign investments to the kingdom and shifting away from oil as the main base of the economy.

Source: Bloomberg