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Fortune Magazine's Groundbreaking Summit in Riyadh

In an exciting announcement, Fortune Magazine has revealed plans for the first-ever International Summit for the Most Powerful Women, taking place in Riyadh, Saudi Arabia on May 20-21, 2025. This historic event aims to gather influential female leaders from various industries globally to engage in meaningful discussions on the evolving landscape of business leadership and collaboration for global prosperity.

The summit is organized as a part of Fortune's mission to spotlight powerful women who are making significant impacts across sectors, particularly at a time when the world is witnessing fast-paced changes in both social and economic environments. This event will delve into essential topics such as public-private partnerships, innovations driving economic growth, and the myriad ways new technologies are reshaping the business world.

Following Saudi Arabia’s Vision 2030 initiative, which emphasizes women’s empowerment in the workplace and overall society, the summit reflects a significant shift in the country’s economic and social landscape. With women now owning 45% of small and medium enterprises in Saudi Arabia and representing a growing share of the workforce—rising to 36%, more than double from just 17% in 2017—this summit is a timely acknowledgment of their contributions to the economy.

The conference will not only provide a platform for dialogue among top female leaders but also facilitate opportunities for networking and partnerships, expanding the community of global women leaders in business. According to Fortune's CEO Anastasia Nyrkovskaya, the summit in Riyadh offers an excellent opportunity to inspire, connect, and support progress within the global business and governmental environments.

Alyson Shontell, the Editor-in-Chief of Fortune, emphasized in a recent article that Saudi Arabia's growing influence in the international economy played a crucial role in the decision to host such significant events in the region. She noted, "Our journalistic mission is to enhance business practices and provide an authoritative voice that advocates for progress. Observing Saudi Arabia’s recent advancements, especially concerning women, is an exciting opportunity for us to be closely engaged and document these changes."

On May 20, Fortune will also unveil its highly anticipated list of the 100 Most Powerful Women in Business, celebrating trailblazers from various sectors, including finance, technology, healthcare, telecommunications, trade, and energy. The 2024 edition featured leaders from 19 countries and 14 sectors, with nearly half holding CEO positions in companies listed on the Fortune 500 and Global 500 rankings.

The International Summit for the Most Powerful Women will be held in collaboration with the Saudi Central Authority for Exhibitions and Conferences (SCEGA), ensuring an impactful event that reinforces the commitment to women's leadership.

As Fortune looks to the future, this summit is poised to be a landmark occasion that underscores the importance of women in business leadership and the continual evolution of their roles in shaping economies worldwide. More information about the event will be available shortly, promising an engaging experience for all participants involved.

For continued updates, readers are encouraged to follow Fortune’s offerings and initiatives aimed at enhancing the visibility and impact of women in diverse industries across the globe.