76.97 million riyals in revenue from passenger transport applications in Al-Qassim
The Qassim region recorded a remarkable figure in the ride-sharing sector, with the value of ride-hailing app trips reaching approximately 76.97 million riyals. This reflects the dynamism of economic activity and the rapid digital transformation taking place in the region and the Kingdom of Saudi Arabia in general. This figure is not merely a financial statistic, but a strong indicator of changing consumer behavior and their increasing reliance on technological solutions for their daily commutes.
Growth of the smart transportation sector in the Kingdom
This achievement comes in the context of a qualitative leap witnessed by the transport and logistics sector in the Kingdom of Saudi Arabia, in line with the objectives of Vision 2030. The Public Transport Authority (TGA) has worked during the past years to regulate this vital sector by enacting legislation that ensures the quality of service and the safety of passengers, which has enhanced the community’s confidence in using smart applications as a reliable and safe alternative to traditional means of transport.
Economic and social impact
The significance of this figure extends beyond the financial returns for operating companies; it encompasses a broad economic and social impact. Ride-hailing apps are a vital source of income for a large segment of Saudi youth, and localization policies in this sector have created thousands of freelance and flexible work opportunities, contributing to reduced unemployment rates and increased per capita income.
Al-Qassim as a vital center
The Qassim region is one of the Kingdom's most vital areas, characterized by its high population density and significant commercial and agricultural activity. The fact that the value of these trips reached nearly 77 million riyals demonstrates the constant movement within the region's cities and governorates, and reflects the success of the digital infrastructure that supports the efficient operation of these applications.
The future of shared transportation
This sector is expected to continue growing with ongoing urban expansion and population increase, as well as the continuous development of technologies used in applications. Furthermore, the integration of different modes of transportation and the move towards smart cities will enhance the role of transportation applications as an integral part of the Kingdom's sustainable urban mobility system.
