Latest news with #FahadAl-Dossari
Leaders
6 days ago
- Business
- Leaders
GASTAT, stc Group Sign Agreement to Broaden Statistical Data Sources
The General Authority for Statistics (GASTAT) has signed a memorandum of cooperation with stc Group to boost collaboration and coordinate efforts in diversifying and strengthening statistical data sources. The agreement aims to foster integration between the two entities, enabling them to achieve shared objectives and exchange expertise in their respective domains. The signing ceremony was attended by GASTAT President Fahad Al-Dossari and stc Group CEO Olayan Alwetaid. This partnership is part of GASTAT's broader initiative to build ties with public and private sector organizations to improve the availability and quality of statistical data and indicators. It also supports the adoption of advanced technologies to enhance service delivery. The memorandum aligns with Saudi Arabia's digital transformation goals, contributing to the national economy and sustainable development in line with Saudi Vision 2030. Related Topics : Saudi STC Launches Major Lending Push Backed by Western Union GASTAT Reports 13.4% Growth in Non-Oil Exports in Q1 2025, 10.7% Increase in March Saudi Arabia Welcomes Foreign Real Estate Investors Outside Holy Cities All You Need to Know about Hajj Rituals: A Step-by-Step Guide Short link : Post Views: 8 Related Stories
Broadcast Pro
6 days ago
- Entertainment
- Broadcast Pro
Saudi Theatre and Performing Arts Commission to participate in Avignon Festival
Through this presence, the commission aims to highlight Saudi performing arts, introduce contemporary Saudi theatre and foster opportunities for cultural exchange with international audiences. The Saudi Theatre and Performing Arts Commission is set to participate in the 79th edition of the Avignon Festival in France, taking place from July 14 to 22. This year's edition puts a spotlight on the Arabic language, offering a timely platform for the Kingdom to present its cultural heritage. As part of its programme, the commission will present four traditional Saudi performance styles, Al-Khatwa, Khabiti, Liwa, and the Ardha from Wadi Al-Dawasir, offering international audiences a glimpse into the Kingdom's folkloric traditions. In addition, the commission will stage the theatrical production Tawq, directed by Fahad Al-Dossari and featuring performances by Ahmed Al-Zekrallah, Fatima Al-Jishi, Maryam Hussein, Abdulaziz Al-Zayani, Khaled Al-Huwaidi and Shahab Al-Shahab. The commission's participation reflects its ongoing efforts to promote Saudi performing arts on global stages, elevate contemporary Saudi theatre, and create avenues for cultural dialogue and artistic exchange.
Arab News
01-05-2025
- Business
- Arab News
Saudi Arabia's real GDP grows 2.7% in Q1: GASTAT
RIYADH: Saudi Arabia's economy saw annual growth of 2.7 percent in the first quarter of 2025, driven by strong momentum in non-oil activities as the Kingdom continues efforts to diversify away from hydrocarbons. According to flash estimates released by the General Authority for Statistics, non-oil activities expanded 4.2 percent during the first three months of the year, extending their growth streak to 17 consecutive quarters. Government services rose 3.2 percent, while oil-related activities contracted 1.4 percent. Saudi Arabia's growth in the non-oil sector aligns with the goals outlined in the Vision 2030 program, which aims to diversify the country's economy by reducing reliance on crude revenues. This comes as the International Monetary Fund, in its latest economic outlook, noted that short-term growth in the Middle East will be driven by the expansion of the non-oil sector, projecting the region's economy to grow by 2.6 percent in 2025 and 3.4 percent in 2026. In a release, GASTAT stated it has conducted 'a comprehensive revision of GDP estimates as part of its efforts to achieve high levels of alignment with international standards and data quality.' It added: 'Nominal and real GDP (annually and quarterly) time series have been revised accordingly.' On a quarterly basis, seasonally adjusted GDP rose 0.9 percent, with government activities jumping 4.9 percent and non-oil output increasing 1.0 percent. Oil sector GDP dropped 1.2 percent amid ongoing production cuts under the OPEC+ agreement. Saudi Arabia's GDP growth also aligns with the broader Middle East trend, where other countries are steadily diversifying their economies. Qatar's full-year GDP for 2024 grew by 1.7 percent, driven by a 1.9 percent rise in non-hydrocarbon activities. The UAE's central bank projects 4 percent GDP growth in 2024, while Bahrain reported year-on-year expansion of 2.1 percent in the third quarter. Saudi Arabia is ramping up efforts to enhance its data infrastructure, drive digital transformation, and harness artificial intelligence and advanced technologies to boost the efficiency and accuracy of its statistical operations. Speaking at the first Saudi Statistics Forum held earlier this week, Fahad Al-Dossari, president of GASTAT, reiterated the authority's commitment to supporting decision-makers by continuously developing the statistical system to meet national and international standards. 'Statistics are no longer merely supportive tools; today, they are at the heart of development work and a critical enabler of sustainable development, ensuring efficient spending, enhancing service quality, and supporting economic and social growth,' Al-Dossari said during the event in Riyadh.
