黑料社区

Saudi industrial output rises 1.5% in May on mining, manufacturing gains: GASTAT

Saudi industrial output rises 1.5% in May on mining, manufacturing gains: GASTAT
Mining and quarrying activity rose by 2.1 percent compared to May 2024. Getty
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Updated 10 July 2025

Saudi industrial output rises 1.5% in May on mining, manufacturing gains: GASTAT

Saudi industrial output rises 1.5% in May on mining, manufacturing gains: GASTAT

RIYADH: 黑料社区鈥檚 industrial production expanded 1.5 percent year on year in May, driven by growth in mining, quarrying, and manufacturing activities, official data showed.聽

The Industrial Production Index reached 108.8 in May, rising 2.5 percent from April, according to preliminary figures from the General Authority for Statistics.聽

The latest IPI figure, reflecting continued growth in the manufacturing sector, underscores 黑料社区鈥檚 progress in its economic diversification efforts aimed at reducing its decades-long reliance on crude revenues.聽

In its latest release, GASTAT stated: 鈥淧reliminary results indicate a 1.5 percent increase in the Industrial Production Index in May 2025 compared to the same month of the previous year, supported by the rise in mining and quarrying activity, manufacturing activity and water supply, sewerage and waste management and remediation activities.鈥澛

The release further added that the index of oil activities saw an annual rise of 0.5 percent in May, while non-oil activities increased by 3.8 percent.聽

In May, another report released by GASTAT revealed that the Kingdom鈥檚 gross domestic product grew by 2.7 percent year on year in the first quarter, driven by strong non-oil activity.聽

Commenting on the GDP figures at the time, Minister of Economy and Planning Faisal Al-Ibrahim, who also chairs GASTAT鈥檚 board, noted that the contribution of non-oil activities to the Kingdom鈥檚 economic output reached 53.2 percent 鈥 an increase of 5.7 percent from previous estimates.聽

According to the latest GASTAT report, the sub-index of manufacturing activities increased by 0.9 percent year on year in May.聽

This growth was driven by an increase in the manufacture of chemicals and chemical products, which rose by 14 percent, and the manufacture of food products, which increased by 3.2 percent.聽

GASTAT added that the sub-index of mining and quarrying activity rose by 2.1 percent compared to the same month of the previous year.聽

鈥満诹仙缜 increased its oil production to 9.18 million barrels per day in May 2025 compared to 8.99 million barrels per day in May 2024,鈥 added GASTAT.聽

The report further noted that electricity, gas, steam, and air conditioning supply activity recorded an annual decrease of 7.7 percent in May, while water supply, sewerage, and waste management and remediation operations rose by 15.5 percent during the same period.聽

On a monthly basis, manufacturing activity in 黑料社区 increased by 2.3 percent, supported by growth in the production of coke and refined petroleum products, which rose by 1.9 percent.聽

Compared to April, mining and quarrying activities in 黑料社区 also increased by 2 percent in May.聽

Overall, oil activities rose by 2 percent in May compared to the previous month, while non-oil activities increased by 3.9 percent during the same period.聽


Why it is vital to protect acacia trees from invasive beetle

Why it is vital to protect acacia trees from invasive beetle
Updated 58 min 16 sec ago

Why it is vital to protect acacia trees from invasive beetle

Why it is vital to protect acacia trees from invasive beetle
  • A wood-boring beetle has been聽killing trees in the Kingdom, including the important acacia and jujube聽
  • But an environmental expert cautions聽against using insecticides that could harm the ecosystem

RIYADH: The acacia tree is of significant importance to both the environment and culture in 黑料社区. It provides shelter for migratory birds and protects travelers and Bedouins in the Arabian Peninsula鈥檚 hot desert.

Among the many environmental benefits of the acacia tree is its ability to prevent desertification; its roots improve soil fertility; it provides shade and lower temperatures; it stores carbon and reduces carbon dioxide levels; and it stabilizes dunes in desert areas.

An invasive beetle 鈥 scientific name Agrilus planipennis Fairmaire 鈥 has been attacking trees for years, killing many of them in the Kingdom, including perennial trees.

The 'Emerald ash borer' (scientific name: Agrilus planipennis Fairmaire) is a highly destructive wood-boring beetle feeding on the phloem of ash trees. (Supplied)

Oubaid Alouni, an environmental consultant and former consultant at the National Center for Vegetation Cover Development and Combating Desertification, explained the role of the acacia tree in the ecosystem and how the pest threatens its existence.

He outlined the different types of acacia trees in 黑料社区.

鈥淭he acacia tree grows naturally in the desert. It is a desert umbrella tree and is divided into two types; the Iraqi acacia and the Najdi acacia, and reaches around 55 types in total,鈥 Alouni said.

There is also another type of acacia tree that grows in Asir, locally known as Al-Kanhbal, scientific name Vachellia origena, that differs from the Najdi acacia, which has long branches and provides ample shade.

While some acacia trees are native to 黑料社区, others were imported, such as acacia raddiana. They all share a similar trait, providing vital protection from strong sunlight.

While some acacia trees are native to 黑料社区, while others were imported, along with the wood borer. (SPA file photo)

鈥淎ny hiker, any traveler, who wants to go to the desert must pass by this tree and take shelter under it,鈥 Alouni said, describing how people have always been connected to this species and valued it.

Securing native trees, not only acacia, holds a deeper meaning for the culture and tradition, he said, such as when the Prophet Muhammad used to sit under the Ziziphus spina-christi.

The acacia tree is threatened by the Agrilus planipennis Fairmaire as this species relies on the tree for nutrients.

鈥淭his insect reached 黑料社区 through imported wood, as they found larvae inside wood imported from Russia,鈥 Alouni said.

DID YOU KNOW?

鈥 Some of the finest honey in the Kingdom is produced from acacia and jujube trees.

鈥 Acacia trees help reduce sand encroachment in the desert and provide shelter for several bird species.

鈥 The acacia tree can withstand drought for up to 10 years, even severe drought.  

The pest is a highly destructive wood-boring beetle feeding on the phloem of ash trees. It is also known as the Emerald ash borer, and is native to China, Japan, South Korea, Mongolia and Russia.

This bug is typically a small, metallic green beetle, around half an inch (about 1.2 to 1.5 cm in length), and one of its distinguishing features is that when the wing covers are lifted, the upper abdomen is bright red.

Its life cycle involves multiple stages. The first is the egg stage, during which females lay 40-53 eggs.

The larva lives inside the tree for one to two years, eating the layer between the bark and the main trunk. (Supplied)

Then comes the larva, the longest stage of the beetle鈥檚 life cycle, lasting almost a year.

鈥淭he larva lives inside the tree for one to two years, eating the layer between the bark and the main trunk,鈥 Alouni said.

After that, it goes through a shorter stage, as a pupae, that lasts about 20 days.

Finally, it reaches the adult stage and is known for chewing through the wood and emerging from trees, forming a small, D-shaped exit hole about 3 to 4 mm wide. This stage of its life is usually short, lasting about 20 days.

The pest is now attacking olive trees in the US, Alouni said.

鈥淚n Ohio, I believe, it has begun to invade olive trees terrifyingly. This insect is very dangerous.鈥

The life cycle of Agrilus planipennis Fairmaire involves multiple stages before reaching adulthood. The first stage is the egg stage, during which females lay 40-53 eggs. (Supplied)

Among the factors that enabled this insect population to increase nationwide is the hunting of birds, especially migratory birds, because they usually feed on insects.

However, the biggest threat to the ecosystem is ignorance, Alouni said, as many people believe the insect is part of the Kingdom鈥檚 native environment and that protecting it contributes to a balanced ecosystem.

鈥淭here are still people who say, 鈥楲eave it alone; it鈥檚 part of the ecological balance,鈥 which is, of course, incorrect. This insect is an invasive species in our environment,鈥 he said.

He also believes that pruning trees leaves branches exposed and vulnerable to this insect entering the tree, and that transferring wood from one location to another may provide an opportunity for the larva to expand and increase its numbers.

To address this environmental issue, Alouni told Arab News about the efforts being made to safeguard and protect the Kingdom鈥檚 natural treasures, including organizing discussions and workshops to explore the issue and exchange potential solutions among experts.

The pest is a highly destructive wood-boring beetle feeding on the phloem of ash trees. (Supplied)

Also, he believes that a particular bird species, the woodpecker, is one of the most effective ways to reduce the numbers of the beetle.

鈥淚t鈥檚 called the Arabian woodpecker, yet it only exists in Asir and in small populations, too,鈥 he said.

According to Alouni, the Arabian woodpecker hears the insect inside the tree, hits the branch with its beak and removes it.

One of the strongest methods to contain pests is biological control, which uses other species to help the ecosystem naturally protect and restore its balance.

The Orussidae or the parasitic wood wasps, along with birds, are better alternatives to harmful pesticides in fighting the destructive beetle. (Wikimedia Commons)

One animal feeds on another to keep the environment balanced, such as using Orussidae 鈥 a parasitic wood wasp 鈥 or placing large numbers of chickens and other birds in forests and farms.

鈥淚t is called Orussidae in the United States 鈥 it kills insects very fast.鈥

Chemical methods can also be used, but Alouni does not endorse these due to their environmental risks.

 


黑料社区 gears up for Biban 2025, the region鈥檚 largest startup and SME event

黑料社区 gears up for Biban 2025, the region鈥檚 largest startup and SME event
Updated 31 October 2025

黑料社区 gears up for Biban 2025, the region鈥檚 largest startup and SME event

黑料社区 gears up for Biban 2025, the region鈥檚 largest startup and SME event

RIYADH: 黑料社区 is set to host the Middle East鈥檚 premier entrepreneurial event, Biban 2025, on Nov. 5, at the Riyadh Front Exhibition and Conference Center. 

Organized by the Small and Medium Enterprises General Authority known as Monsha鈥檃t, the four-day event will run under the theme 鈥淕lobal Destination for Opportunity.鈥

Now in its 11th edition, Biban 2025 will convene a global audience from over 150 countries, the Saudi Press Agency reported. 

The forum will feature 200 local and international speakers and bring together 150 enabling entities from the government and private sectors, with several billion-dollar agreements and initiatives expected to be unveiled.

The event solidifies its role as the region鈥檚 largest entrepreneurial platform, connecting startups, investors, policymakers, and world-renowned experts. The goal is to forge strategic partnerships, explore high-value opportunities, and develop innovative ideas to fuel the growth of 黑料社区鈥檚 entrepreneurial ecosystem.

Attendees are set to gain insights from more than 85 specialized workshops led by top experts, focusing on key areas such as finance, investment, management, marketing, digital transformation, and global expansion. 

The forum features seven main sections, designed to cover the various needs of entrepreneurs and small-to-medium enterprises. These dedicated sections address key areas such as financing, franchising, e-commerce, and market access.

Biban 2025 builds on the legacy of its previous editions, which have launched hundreds of successful projects and partnerships, empowering small and medium-sized enterprises to expand into local and global markets. 

The forum is a key initiative supporting Saudi Vision 2030, reinforcing the Kingdom鈥檚 position as a global hub for investment and opportunity.


New $80m fund to bridge Chinese industry and key聽Saudi sectors

New $80m fund to bridge Chinese industry and key聽Saudi sectors
Updated 31 October 2025

New $80m fund to bridge Chinese industry and key聽Saudi sectors

New $80m fund to bridge Chinese industry and key聽Saudi sectors

RIYADH: Digital technology, advanced manufacturing, and logistics are among the Saudi sectors set to benefit from an $80 million investment partnership between ewpartners and Chinese industrial hub Tianjin Binhai New Area.

Formalized in the presence of the Kingdom鈥檚 Public Investment Fund and its fund-of-funds platform Jada at the Future Investment Initiative conference in Riyadh, the move aims to introduce mature Chinese industrial projects and technologies into 黑料社区 and the wider Gulf region.

This partnership directly supports Saudi Vision 2030 by leveraging Tianjin Binhai鈥檚 capabilities in alternative energy, smart manufacturing, and port logistics, combined with ewpartners鈥 network and investment expertise in the Middle East, according to a press release.

Jada CEO Bandr Mohammed Al-Homaly said: 鈥淛ada is committed to building a vibrant private capital ecosystem in 黑料社区, for example through bridging global expertise with local opportunities.鈥

He added: 鈥淭he momentum we see from the partnership between ewpartners and Tianjin Binghai New Area, across logistics and technology for instance, reflects our shared dedication to Vision 2030 and to building a thriving private capital ecosystem in the Kingdom.鈥 

The goal is to accelerate industrial upgrading, enhance local supply chains, and strengthen the Kingdom鈥檚 manufacturing competitiveness.

Wu Di, vice chairman of the Administrative Commission of Tianjin Binhai Hi-tech Industrial Development Area, said: 鈥淲e look forward to leveraging Tianjin鈥檚 strengths in smart manufacturing, technology, and port logistics to deepen cooperation with 黑料社区 and the Middle East, and to build a long-term, open, and mutually beneficial international partnership.鈥

Jerry Li, co-founder and managing partner of ewpartners, said the partnership is not just about connecting capital鈥 but bringing together industries and innovation capabilities. 

He added:: 鈥淭hrough this fund, we aim to bring China鈥檚 proven expertise in manufacturing and technological innovation to the Middle East, driving high-quality regional development.鈥

The fund marks a strategic step in strengthening industrial and investment ties between Asia and the Middle East, positioning 黑料社区 as an emerging global hub for cross-border industrial cooperation.


黑料社区 leads GCC fixed-income issuances in Q3, Markaz says聽

黑料社区 leads GCC fixed-income issuances in Q3, Markaz says聽
Updated 31 October 2025

黑料社区 leads GCC fixed-income issuances in Q3, Markaz says聽

黑料社区 leads GCC fixed-income issuances in Q3, Markaz says聽

RIYADH: 黑料社区 dominated the Gulf Cooperation Council region鈥檚 primary debt market in the third quarter of 2025, raising $20.32 billion through 36 issuances, representing a 62.7 percent year-on-year increase in value, according to a new analysis. 

In its latest report, Kuwait Financial Center, also known as Markaz, said that primary issuances of bonds and sukuk across the GCC totaled $38.74 billion through 137 issuances during the third quarter, marking a 32.4 percent increase from the same period in 2024, when issuances reached $29.29 billion. 

The debt market in the region 鈥 particularly in 黑料社区 鈥 has expanded significantly in recent years, driven by economic diversification efforts that have strengthened investor demand for fixed-income instruments. 

鈥淎s for issuance preferences, the third quarter of 2025 saw an increased appetite for sukuk issuances in the GCC, representing 52.6 percent of total issuances for the year. This is a change in issuance preferences from the third quarter of 2024, where more conventional bonds were issued,鈥 said Markaz. 

According to the report, UAE-based issuers raised $5.82 billion through 57 offerings in the third quarter, marking a 47.3 percent decline compared with the same period in 2024. 

Qatar ranked third in terms of issuance value, with $5.69 billion raised through 29 issuances, followed by Kuwait, where issuers raised $3.42 billion through eight issuances, reflecting a 118.4 percent increase year on year.

Issuances in Bahrain surged 539 percent from a year earlier to $2.55 billion across four issuances, while Omani entities recorded the lowest total, raising $0.94 billion through three issuances.

Markaz added that total GCC corporate primary issuances grew 4 percent in the third quarter to $26.59 billion. Conventional issuances decreased 18.6 percent to $18.37 billion, while sukuk issuances rose sharply 鈥 up 202.7 percent during the quarter 鈥 reaching a total value of $20.37 billion for the year to date.

The financial sector led all GCC bond and sukuk issuances in the third quarter, with a total value of $21.53 billion, followed by government issuances at $11.1 billion, the report said. 


MENA IPOs raise $700m in Q3, EY report shows

MENA IPOs raise $700m in Q3, EY report shows
Updated 31 October 2025

MENA IPOs raise $700m in Q3, EY report shows

MENA IPOs raise $700m in Q3, EY report shows

RIYADH: Initial public offerings across the Middle East and North Africa raised $700 million in the third quarter of 2025, according to an EY MENA IPO Eye report. 

A total of 11 IPOs were recorded during the period, marking a 120 percent year-on-year increase in the number of listings, driven by mid-market activity. 

The strong performance extended to regional stock exchanges, with the MSCI Emerging Markets Index rising 25 percent, followed by the EGX 30 Index, which gained 23.3 percent, and the Boursa Kuwait Premier Market Index, which climbed 19.6 percent. 

The surge in IPO activity across MENA reflects broader economic diversification efforts and deepening capital markets. In 黑料社区, real GDP grew 5 percent in the third quarter from a year earlier, driven by strong gains in both oil and non-oil sectors, official data showed. 

In Egypt, the economy expanded 4.77 percent in the third quarter of fiscal year 2024/25, supported by an 18.8 percent year-on-year increase in non-oil manufacturing.

According to Brad Watson, EY-Parthenon MENA leader, the recent quarter 鈥渞eflects the increasing depth and maturity of MENA capital markets, supported by a steady pace of listings across multiple sectors and geographies.鈥 

He added that companies are 鈥渂ecoming increasingly strategic with market timing 鈥 carefully assessing investor sentiment and macroeconomic conditions before going public.鈥 

黑料社区 accounted for the majority of IPO activity, completing eight listings that raised a combined $637 million.

Dar Al Majed Real Estate Co.鈥檚 $336 million listing on the Tadawul Main Market led the region, followed by Marketing Home Group for Trading Co. with $109 million and Sport Clubs Co. with $69 million.

An additional $124.1 million was raised through IPOs on the Nomu parallel market, spanning sectors such as retail, healthcare, and industrial services. Real estate accounted for 55 percent of proceeds on the main exchange.  

Egypt recorded IPOs from Bonyan For Development & Trade SAE and National Printing Co., while Morocco saw the listing of Vicenne S.A., signaling growing regional diversification. 

Gregory Hughes, EY-Parthenon MENA IPO leader, noted that 鈥渨ith lower oil prices, we continue to see economic diversification from non-oil revenues, and the sector focus in 黑料社区 has shifted from healthcare and mobility to real estate, hospitality, construction, and retail.鈥  

Looking ahead, the pipeline for the fourth quarter of 2025 and beyond remains robust, with 19 entities across various sectors preparing to list.

黑料社区 leads with 13 planned listings, including Almasar Alshamil Education Co. and Al Romansiah Co., both of which have secured Capital Market Authority approval. In the UAE, ALEC Holdings PJSC debuted on the Dubai Financial Market in October. 

Outside the Gulf Cooperation Council, Algeria鈥檚 Diar Dzair and Morocco鈥檚 Gharb Papier Et Carton SA are awaiting regulatory approvals for planned IPOs. 

The outlook is supported by positive policy momentum, diversified investor interest, and increasing integration of environmental, social, and governance principles. 

Meanwhile, regulatory environments across the region continue to evolve.

In the UAE, updated governance reforms now permit the combination of board chair and CEO roles under specific conditions, while in 黑料社区, the Capital Market Authority has launched consultations on changes to market-making rules and foreign ownership limits aimed at enhancing liquidity and accessibility.