The parallel Economy

The parallel Economy

Talal Abu Ghazaleh

In Modern societies, the demand is increasing to develop strategic studies that are considered as integrated reference to submit proposals, projects, methods, Solutions, and behaviors that contribute to finding practical foundations, on which the private sector can rely on and pursue its means with full confidence, led clearly and firmly according to a chart that paves through accredited studies and research institutions, to innovate the means and methods for success paths.

There is no doubt that these reliable institutions did not come out of nowhere, but from many years of experiences that have certainly provided the rules of sound experience, and they have plans to support facilities of various fields, whether in the field of agriculture, industry, trade, housing or even art. Therefore, each of its vital fields needs, after determination, to develop the basic theory under which the pillars of the initial project are established, and here the competent institutions serve as a guaranteed partner for success, as they have an outstanding ability to commit to keeping up with work, whatever it is. The specialized consulting institution here provides advice and guidance to ensure proficiency in managing this or that project, since it has the ability to secure capital immunity as a top priority, and then innovates the methodologies that guarantee the capital multiplication. The next stage is the attention required to expand the work place, and then activate the vital orbit by opening branches and departments by introducing elements close to the employers, especially the assets to complete on those who revolve in its family Orbit, in which the disagreement and harm decreases, and the scope of trust, loyalty and solidarity increases to preserve the interest of work and secure climates conductive to development, spread, fame, dedication and success.

I would like to emphasis here that all of the above cannot be done away from the knowledge and moral “financing” institutions, through the experience of these institutions, and the scientific and practical foundations they have to find the possibility of finding profits first, then finding the multiplication of profit, then attracting the labor force for employment, then searching for pillars of sustainability by avoiding all financial slippage that can lead to collapse in one way or another. Here also comes the role of advisory support institutions, which must be the axis around which work revolves at an accelerated pace that keeps pace with the market movement, relying on the principles of the tide and root, especially with the public sector which is considered the difficult competitor. What distinguishes it is that the private sector is doubly afraid because it depends on self-financing in capital. As for the public sector, its funding comes from the state treasury, which usually lacks research and interest in obtaining the best results for success and profit, because these results are not associated with specific individuals such as family or even a team, but rather the trait of negligence, mismanagement and waste prevails, which in all these cases necessitate falling into the trap of corruption. Therefore, we see that most of the public sector complains of the lack of profits, and failure to achieve optimum levels of success. This is because this sector simply does not follow the intellectual, scientific and theoretical methods necessary to complete tasks and excel. It avoids consulting the above-mentioned institutions. The public sector is full of loopholes and chaos. This is not in the interest of anyone in the absence of effective oversight, accountability and scientific evaluation.

In conclusion, it can be said that the private sector represents almost half of the society in stimulating the economic wheel. It is often able to provide the basics, luxuries and most of the other details for the society, as it performs its role faithfully to itself, its family scope and its extensive relationships. In contrast, the public sector employee who often finds himself either indifferent or uninterested, because in all cases this employee will receive a limited salary whether he works hard or not, there is no incentive or motivation, only the routine and more routine that kills ambition and discourages success.

Returning to the private sector, it is important to emphasize that it would not have known the path to success and profit without the development programs that put the investors on the path to success. This is the principle that we have adopted in Abu Ghazaleh Global Group for more than four decades of success, continuity and fame. Most importantly, our good reputations among all and everyone, because we are distinguished by our confidence and we always strive to provide the best in various fields, whether consulting, electronic or accounting audit, which I have not abandoned despite the multiplicity of areas in which Abu Ghazaleh Global Group is known. Talal Abu Ghazaleh Global Group has earned the honor in the eyes of all those who have had pioneering consulting or investing relations in the Middle East, and I say it proudly, I hope that all private sector companies receive the same level of attention and support that Abu Ghazaleh Global Group has received. This is all due to the relentless ambition, untiring commitment, unwavering focus and the restless education.