Saudi Arabia's central bank revealed new mortgage measures aimed at galvanising the housing market as the kingdom embarks on boosting affordable homes for its citizens.
Some women have been arrested and jailed for defying the ban.
The position of Saudi women gradually improved under late King Abdullah and since King Salman took over in 2015, the kingdom has been opening more areas for women through the government's modernizing reforms.
NFL Week 3 ratings up 4 percent on CBS
Patriots owner Robert Kraft, who donated money to Trump's campaign, said he was "deeply disappointed" in the president on Sunday. NFL Network's pregame show "was also strong" covering the issue, with analyst Kurt Warner and host Rich Eisen "standing out".
By MONA EL-NAGGAR and ADAM BOLT on Publish Date October 15, 2016.
"Our leadership thinks that this is the right time to do this change because now in Saudi Arabia we have a young, dynamic, open society", he told reporters.
Some ultraconservative clerics in Saudi Arabia, who wield power and influence in the judiciary and education sectors, had warned against allowing women to drive. Some Saudi women have been fined and imprisoned for daring to get behind the wheel.
Saquon Barkley turned in an eye-catching performance in win over Iowa
With his effort against the Hawkeyes, Barkley became the seventh player in Penn State history to have 3,000 career rushing yards. Iowa coach Kirk Ferentz offered a positive credit report as well: "Looking at them in person, they're playing at a high level".
Numerous kingdom's professionals and young people will welcome the change, viewing it as a step to making life in the country a bit more like life elsewhere.
Ms. Sharif was instrumental in organizing groups of women for collective protests to demand an end to the ban on female drivers.
Women in Saudi Arabia are now legally allowed to obtain driving licences following a decree issued by King Salman today. A committee will be formed to look into how to implement the new order, which is slated to come into effect in June 2018.
Oil Jumps After US Gasoline Stockpiles Plunge to 22-Month Low
Energy Information Administration's weekly inventories report is expected to show a 2.4 million barrel increase. Crude stocks at the Cushing, Oklahoma, delivery hub rose by 703,000 barrels, EIA said.
Minister of Information Abdirahman Omar Osman (Yarisow) who briefed reporters on the President's departure said "The President was going for official work visit after receiving invitation from King Salman bin Abdi Aziz and the Saudi Crown Prince Mohammed bin Salman".