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Saudi Arabia 's hosting of the "G20 summit" reflects its position and effect on the global economy

Thursday, 19 November, 2020

At the end of November, the kingdom witnessed the hosting of the G20 which is considered to be the biggest economic summit ever existed. The summit is exclusive to the biggest economical and most influential countries in the world. The kingdom's presence in the summit reflects its position and effect on the global economy, and it's hosting to the summit confirms the huge change its living. The enormous development achieved in the various fields is a response to the unique programs and initiatives that took off with the 2030 vision. Continuing to grow among the leading countries requires diversifying its income which is proposed by the kingdoms vision through encouraging all sectors by launching initiatives, amending and enacting legislation that supports and helps it reach its goals to enable it to respond and make financial revenues that supports the national production and decreases the dependency on the oil products as main and only resource to generate income. One of the outstanding sectors that support the developing Saudi economy, are the mobility and travel sectors, where they aimed at the goals of the 2030 vision as a strategic goal for their sectors which in turn contributes to the gross national product by 10% annually, to achieve this, many initiatives were launched, and currently it's laying the infrastructure to reach the future goals. The public and private transport sectors are considered as one of the corner stones for the travel industry, and from that stems the role of the car rental companies as one of the influential elements in completing the system. That's why we see that the best travel destinations around the world are the ones having various car rental choices, and the biggest of companies in this field make sure to have a strong presence and provide the best service. We are proud at Al Wefaq rent a car (Yelo) to partner in this approach that's in the interest of the homeland and its people through developing our business, working to improve our service in all of our branches and diversifying the renting options to meet the needs of our customers. That's why the company made sure to update its visual identity and brand name to Yelo to meet the needs of the upcoming stage and high ambitions and expectations that's built on the realty we live and the goals that the kingdom seeks according to the 2030 vision to achieve it under the wise leadership of the Custodian of The Two Holy Mosques King Salman bin Abdulaziz Al Saud and his highness the Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud may God protect them.

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