iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

EQUALITY: Saudi Arabia Appoints Female to Head Top Finance Spot

During the Bill Maher carnival show this Friday, Milo (his last name is fucked) was accosted by ‘terrorism expert’, Malcolm Nance, who told him to ‘fuck off’ and laughed at him at even thinking about preferring Russia to our dear allies and alleged financiers of global terrorism, Saudi Arabia.

Milo didn’t get a chance to reply, but he was likely going to point out the retrograde human rights violations that Saudi Arabia implements during their casual course of life, anti women, anti gay, anti anything but Islam ideologies. When juxtaposed against Saudi Arabia, Russia is a beacon of human rights and liberalism, until now.

The House of Saud has proven its detractors wrong again, proudly announcing it has appointed an actual female, who is very likely to have been vaginally mutilated, as is customary in those parts, to a top position in finance.

Fuck you Saudi haters. Take that.

Saudi Arabia’s Samba Financial Group named Rania Mahmoud Nashar as chief executive officer, the second woman recruited for a top finance-industry position in recent days as the country undertakes unprecedented social and economic change.

Nashar’s appointment is effective from today, according to a statement to the stock exchange on Sunday. She replaces Sajjad Razvi who resigned for personal reasons. On Thursday, NCB Capital Co. CEO Sarah Al Suhaimi was named the first woman to chair Saudi Arabia’s stock exchange, the region’s largest.

The appointments are significant for a country where the female unemployment rate is more than 34 percent and women aren’t allowed to drive. They also need a guardian’s consent to travel outside the country or marry. Change is starting to happen with the number of working women jumping 50 percent between 2010 and 2015, and more Saudi women entering male-dominated fields such as banking and engineering.

Before joining NCB Capital, Al Suhaimi was chief investment officer at Jadwa Investment and a senior portfolio manager at Samba Financial Group. Her father, Jammaz Al Suhaimi, was the head of the Capital Market Authority, the market regulator, until 2006.

The kingdom’s $439 billion stock exchange, which opened to foreigners in 2015, is seeking to attract more overseas investment as part of the country’s plans to diversify the economy away from oil.

It’s widely rumored that Saudi Arabia will soon permit women to walk dogs without the company of a man and maybe ride bicycles between the hours of 6am to 7:30am. It is not, however, believed that they will be permitted to drive automobiles yet, as they’ve demonstrated an unwillingness to grasp the concept of advanced machinery, thus far — according to Saudi officials.

If you enjoy the content at iBankCoin, please follow us on Twitter

16 comments

  1. heckler

    Milo Yannipolpolus is a little bitch! Maher has been saying the same thing about Muslim countries this whole time too Fly

    • 2
    • 0
    • 1 Deem this to be "Fake News"
    • ironbird

      Milo walked into a kangaroo court and got treated horribly. Bill was not letting him say anything. Total set up fascist style. Hard to get a read on someone who is not allowed to speak. Unbelievable how intolerant the whacked out left is these days. The tell is the media coverage. They all fucking despise Milo. Not complicated dude.

      • 1
      • 1
      • 0 Deem this to be "Fake News"
      • heckler

        He did have the chance to quip about women never showing up on time cus their ovaries are stinging or something..

        He’s a stereotype peddling clown minstril and boring as fuck

        • 3
        • 0
        • 1 Deem this to be "Fake News"
        • ironbird

          Look dude. The questions were all a trap to make him seem that way. Feminism is a con to trap women into hating everything most of all themselves. Burn your bra is fucking idiocy. And that is just the first horseshit brainwashing slogan. Take the red pill.

          • 0
          • 1
          • 1 Deem this to be "Fake News"
        • The Maven

          Milo is a douche, lousy rep for *anything*. He is a Clickbait Whore undeserving of a keynote speech at CPAC, for crissakes what a disaster that will be.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  2. soupbone

    Women drivers have issues, why? I don’t know. Distraction possibly. Restricting women drivers will have had an unknown benefit counter-intuitive wise. OK shoot me.

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  3. heckler

    “Gayer than a three-legged statue of Michael Jackson”LOL RIP FIG

    • 2
    • 0
    • 0 Deem this to be "Fake News"
  4. traderconfessions

    Does she have a pilot’s license?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • ironbird

      That there is called one fucked up paradox. Now that they are tending to blow themselves up off and on. Feminist trash bag style. Who knows.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  5. metalleg

    Until I can check under the burka to ensure there’s no appendage between “her” legs, I’m not buying it.

    • 2
    • 0
    • 0 Deem this to be "Fake News"
  6. moosh

    Great, this should make CL more predictable.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • The Maven

      That depends on the phase of the moon. Good luck! Wait, how old is she?

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  7. unrelated

    At this rate the Saudis should catch up to American style feminism in no time!

    • 1
    • 0
    • 0 Deem this to be "Fake News"
    • cancel19

      Wait a minute, American Feminist love being covered in garbage bags while Saudi feminists don’t?! WTF?!

      • 0
      • 0
      • 0 Deem this to be "Fake News"