• A Counselor in the pioneering work: the new participation economy achieves $ 335 million annually

    02/08/2016


        08/02/2016


        in the first events of Create skill program 12

     
        A Counselor in the pioneering work and enterprise development Suliman Olayan revealed a revolution in the new economy will be witnessed in the Kingdom (demand economy, participation economy, cooperative economics), pointing that the revolution includes opportunities at a cost of zero in the field of transportation, services, spaces, food, equipments and machinery, via applications used by smartphones .

        Olayan said during the first events of creat a skill training program hosted by Asharqia Chamber on Monday evening, August 1, 2016 entitled (the best investment opportunities today) that there are 3.5 trillion pounds of universally unused materials represented in the sectors of food and clothing, stressing that it gives Saudi youth a great opportunity to take advantage of these international opportunities in light of the mutual investments between the Kingdom  and the economic twenty countries, along with that there are assets and unused equipment in the Kingdom and unused areas such as restrooms, exhibits and  houses etc.
          Olayan said the appearance of these applications will provide funding for any idea and through it can use these unused spaces equipment in the Kingdom to provide applications that link the idea owner with the funder via smartphones, mentioining applications that allow work for young people, such as delivery service (Kareem, -Uber), which made a profit estimated at $ 60 billion without one car, in addition to the global website pioneering in the field of leasing and rental housing units for hospitality (WIRE BNP) which achieved 25 billion without owning a property or beds and has 23 million guest, noting that the revolution of the new economy, based on data and previous results is supported by expectations the sale of about 2 billion smartphone in the current year 2016, indicating that the value of participation in the world economy is about $ 335 million a year, making the big companies fighting this inexpensive economy through those applications such as enstagram and Facebook and others.
        Olayan stressed that there are about 500,000 Lady in the Kingdom sells through the application of social networking enstagram site, while etsy site sells 35 billion dollars a year by the ladies manual sales all over the world, and this is a clear evidence that this economy has become influential on the major companies sales prompting them to work on the participation of some of the projects and their funding, urging young men and women to search for suitable investment opportunities and to show trust and honesty in dealing.
        He pointed at the end of the evening that the new economy creates opportunities for individuals and it is inexpensive stressing that the next bet will be on smart applications, and so you will benefit from this economic climate based on the participation, you have to create special applications for our environment and socciety , noting that studies indicate the loss of five million people their jobs by 2020 because of electronic intelligence, which encouraged the appearance of this economy to secure a better life for individuals, families and producing families.

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