It's beautiful to dream and to wish, but it's a shame to wait for magical solutions to our problems, whether financial or otherwise. Most Arab and Islamic countries suffer from poverty and unemployment, and the only way out of this crisis is to establish small projects. If one cannot start a project alone, they should seek like-minded friends to unite and use their time productively. Establishing a small project is not just a solution for the unemployed; it is also the best way to earn a living and enter the world of success and wealth, as the Prophet Muhammad (PBUH) said: "Nine-tenths of sustenance is in trade."

The global population increase, combined with technological advancements, has led to the problem of unemployment, which has been worsened by waves of global recession. With limited financial and technical capabilities, it has become necessary to find methods that can accommodate a larger number of workers in various activities without requiring massive investments.

This has led the world to turn its attention to small industries as a fundamental pillar of any development strategy. This is not a groundbreaking innovation; existence itself began as a small project that grew and evolved. Therefore, focusing on small projects is a return to the natural order of things.

Small and medium-sized enterprises (SMEs) are the backbone of any economy, whether developed or developing. They are distinguished by their high capacity to create jobs, stimulate self-employment and private enterprise, require relatively low startup capital, and employ semi-skilled and unskilled labor. They also provide opportunities for on-the-job training, involve lower risk, and contribute to improving productivity and generating income.

Many economists believe that developing and encouraging small and medium-sized projects is crucial for economic and social development, particularly in developing nations. They serve as a primary engine for increasing production capacity and tackling the issues of poverty and unemployment. Consequently, many countries have given these projects increasing attention and support. Due to their significance, most developing nations have focused their efforts on them, especially after SMEs have proven more effective than large industries in addressing key economic challenges. The growing interest in SMEs from both public and private sectors stems from their high labor absorption capacity, significantly lower investment costs compared to large projects, and their role in developing managerial, technical, production, and marketing skills, which fosters individual initiative and self-employment, thereby reducing the pressure on the public sector to provide jobs.

• ISBN: 9789957169534
• Weight: 0.650 kg
• Dimensions: 17×24 cm
• Paper: White
• Pages: 280
• Year of Publication: 2021
• Binding: Hardcover