Austria's Ex-Economy Minister Schramböck in Saudi Arabia: Progress on Women's Rights and Economic Opportunities

PeopleOther ♦ Published: September 7, 2023; 21:33 ♦ (Vindobona)

The former Austrian Minister of Economy, Margarete Schramböck, has given insights into her new professional activities in Saudi Arabia in an interview with the magazine "trend". She is currently on the board of Aramco Digital, a digital subsidiary of Saudi Aramco, the world's largest oil company, which was founded in spring 2023. Schramböck plays an important role there, which she describes as "between the executive board and the supervisory board."

Ex-ÖVP Minister for Economic Affairs praises "great progress in women's rights" in Saudi Arabia. The former minister is a board member of a subsidiary of Saudi oil giant Saudi Aramco. / Picture: © Bundeskanzleramt (BKA) / Christoper Dunker

One of Aramco Digital's main goals is to make its IT developments globally competitive. In addition, the company is dedicated to digitizing the Saudi economy and building talent, all important components of Saudi Crown Prince Mohammed bin Salman's Vision 2030.

Schramböck is also in the process of establishing a consulting company in Saudi Arabia. Her goal is to help…