抖阴短视频

JEDDAH: Thursday鈥檚 G20 Young Entrepreneur鈥檚 Alliance (YEA) Summit focused heavily on the way in which numerous small businesses and entrepreneurs have successfully pivoted to adapt to the ongoing COVID-19 pandemic and shown that they can be valuable partners in keeping economies afloat.
The virtual event, which continues Friday, brought together thousands of business leaders and talented young entrepreneurs from across the world.
G20 YEA Saudi chair, Prince Fahad bin Mansour bin Nasser, told the audience, 鈥漁ur theme for this year is entrepreneurship as a source of innovation and resilience as we reflect on the challenges facing the world in the wake of the COVID-19 pandemic. It is clear that adopting an entrepreneurial mindset is becoming more vital than ever.鈥�
He added: 鈥淗ere in 抖阴短视频, we are blessed with outstanding infrastructure and the government鈥檚 support to help entrepreneurs bring their idea to life.鈥�
According to a recent report commissioned by Monsha鈥檃t, 50 percent of working-age Saudi women and 30 percent of men are launching or running businesses that are less than 42 months old.
鈥淎s significant contributors to employment, these emerging SMEs are set to drive economic growth in the Kingdom,鈥� Prince Fahad said. 鈥淎round 75 percent of these businesses reported having six or more employees. 抖阴短视频鈥檚 commitment to assisting SMEs has been enshrined as part of Vision 2030, the Kingdom鈥檚 ambitious roadmap.鈥�
He pointed out that 抖阴短视频 aims to increase the contribution of SMEs to the national GDP from 20 to 35 percent over the coming decade.
鈥湺兑醵淌悠� is enabling 100 Saudi companies to compete on the regional and global levels as a means to stimulate the entrepreneurship landscape and provide new opportunities for the sector,鈥� he said.

The director of the innovation and entrepreneurship sector at the Ministry of Investment, Dr. Mazin Al-Zaidi, said that the most important thing for entrepreneurs is the number, and potential value of, opportunities.
鈥淚 believe we in 抖阴短视频 have the largest opportunity for any entrepreneur. It is very easy to set up an opportunity in 抖阴短视频. Any foreign entrepreneur can obtain a license in less than three hours, with a 100 percent ownership, for only $500,鈥� Al-Zaidi said.
For his part, Armen Ovanessof, principal director at Accenture Research, shed light on what the future might hold and what other uncertainties may lie ahead, stressing that the world will need 鈥渧ision, agility and collaborative spirit鈥� to build a better future.
Saudi Venture Capital Company CEO Dr. Nabil Koshak said: 鈥淰ision 2030 has highlighted the importance of entrepreneurship in economic and social transformation. We have seen innovative products and service solutions. The government and the local authorities have been working on updating and changing the regulatory environment to be more friendly to entrepreneurs, startups and investors.鈥�
The vice governor of entrepreneurship advancement at the General Authority for Small and Medium Enterprises (Monsha鈥檃t), Esam Al-Thukair, explained why he believes that fostering entrepreneurship is important.
鈥淚t is important for two main reasons: It is the most job generating industry and it has become a more significant GDP contributor than ever,鈥� he said.