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(Riyada) breaks the shackles of unemployment and opens the doors of the future for young people
First 12/08/2024
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With the decline in job opportunities in the government sector, the trend towards freelancing has become a popular solution for many young people seeking financial independence and building a professional future. Many of them choose to launch private projects in various fields, which gives them the opportunity to develop their skills and innovate in a flexible work environment free from traditional restrictions.
In implementation of its ministerial approach to support and empower youth, the government launched the (Riyada) initiative, which aims to provide a suitable and stimulating environment for small and medium enterprises, through a series of measures that begin with training youth, financing their projects, and following up on them to ensure the establishment of successful projects.
The figures mentioned by the Prime Minister’s Advisor, Dr. Hussein Flamerz, show a wide response to this initiative in its first year, as about (417) thousand people participated in it, including (200) thousand students, which reflects the great interest in the opportunities it provides.
Economists believe that this step not only helps young people improve their financial situation, but also gives them the opportunity to gain extensive experience in various industries, which increases their opportunities in the future, whether through developing their projects or even through cooperation with large companies. More importantly, freelancing gives them a sense of complete control over their professional destiny and making decisions that suit their ambitions and goals.
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