"The country is in the middle of a shift in how it is dealing with that - the position is changing, and rights are changing, as are the way women are handled and treated in society.
"We think that's a great thing and we're excited to be at the forefront of that change."
The WWE says it's "committed to embracing and celebrating individuals from all backgrounds while at the same time we respect local customs at our events around the world."
Crown Prince Mohammed bin Salman has made lots of changes in Saudi - from allowing women to drive for the first time, to giving them the option to join the military.
There are still restrictions on women travelling without permission, or being accompanied, by a male guardian.
In addition to the lack of women taking part in the show, which takes place in Jeddah on Friday, females will only be allowed to watch in the stadium if they are accompanied by their partners.
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