GASTAT: Saudi Industrial Production Index rises by 3.1% in April 2025
Saudi Gazette report
RIYADH — Saudi Arabia's Industrial Production Index (IPI) recorded an increase of 3.1 percent during the month of April 2025 compared to the same month in 2024. According to the results of the IPI for the month of April 2025, released on Tuesday by the General Authority for Statistics (GASTAT), the mining and quarrying sub-index rose by 0.2 percent year-on-year, while the manufacturing sub-index recorded a 7.4 percent increase.
The GASTAT bulletin also reported a 0.2 percent decrease in the sub-index for electricity, gas, steam, and air conditioning supply activities, whereas the sub-index for water supply, sewage, waste management, and treatment activities increased by 8.8 percent compared to April of the previous year.
Based on key economic activities, the bulletin further revealed a 4.3 percent year-on-year increase in the index for oil-related activities in April 2025, and a 0.1 percent rise in the index for non-oil activities.
GASTAT issues IPI every month to measure relative changes in industrial production volumes. The index is based on data from the Industrial Production Survey, which is conducted on a sample of establishments operating in targeted industrial sectors, including mining and quarrying; manufacturing, electricity, gas, steam, and air conditioning supply; and water supply, sewage, waste management, and treatment activities.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Saudi Gazette
5 hours ago
- Saudi Gazette
NEOM Port trains 10 Saudi women in remote crane operation
Saudi Gazette report TABUK — NEOM Port has begun training 10 young Saudi women from the Tabuk region in advanced technical jobs, including remote operation of cranes. This training is part of a pioneering two-year program that combines technical education, practical training, and career guidance. This initiative coincides with NEOM Port's delivery of the first batch of fully automated, remote-controlled cranes designed to transfer containers and cargo from ships to the dock, enhancing its readiness for smart trade. This equipment, the first of its kind in the Kingdom, will contribute to raising the port's efficiency and strengthening its position as a global center for smart and sustainable trade. Development work is accelerating at NEOM Port in preparation for the opening of Advanced Container Terminal No. 1 in 2026, which will implement an automated horizontal transport system as part of the port's plan to achieve full automation. With the introduction of these new technologies, the port's logistics capacity is expected to double, supporting industrial growth in the region and expanding access to global markets, in addition to enhancing the flexibility and efficiency of supply chains and opening up horizons of new works.
Saudi Gazette
6 hours ago
- Saudi Gazette
Saudi Investment Minister leads delegation to UK-Saudi Investment Summit in London
Saudi Gazette report LONDON— Saudi Minister of Investment, Eng. Khalid Al-Falih, is heading the Saudi delegation participating in the Saudi-UK Partnership and Investment Summit, which is being held on Wednesday at Mansion House in London. The summit is organized by the Saudi-British Joint Business Council and hosted by the City of London Corporation. It is supported by the Ministry of Investment and the UK Department for Business and Trade, and is attended by more than 400 policymakers, senior investors, and business leaders from both countries. The summit aims to explore prospects for bilateral cooperation and enhance partnership and investment opportunities between the United Kingdom and Saudi Arabia. It includes a high-level ministerial dialogue bringing together Minister of Investment Khalid Al-Falih and British Minister of Investment Baroness Bobby Gustafson in a special session highlighting the development of strategic relations between the two countries and their shared vision for the future. The summit sessions will address shared development priorities in line with the Kingdom's Vision 2030 and the UK's future industrial strategy, UK Invest 2035, including expanding public-private partnerships, financing infrastructure projects, developing the venture capital ecosystem, and leveraging advanced technologies such as deeptech, space science, and clean innovation. IT's agenda is designed to encourage practical dialogue, facilitate cross-border investment flows, and accelerate economic diversification by building sustainable partnerships that meet future demands.
Saudi Gazette
6 hours ago
- Saudi Gazette
Hajj ministry seeks documentation of housing contracts for Umrah pilgrims
Saudi Gazette report JEDDAH — The Ministry of Hajj and Umrah has called on Umrah service providing companies, establishments, and foreign agents to document housing contracts for Umrah pilgrims in tourist hospitality facilities licensed by the Ministry of Tourism through the "Nusuk Masar" platform. The move is part of the ministry's ongoing efforts to ensure high-quality services for Umrah pilgrims and enhance operational efficiency throughout the Umrah season. The ministry clarified that the issuance of Umrah visas is now contingent upon a documented contract with licensed hospitality providers. This measure aims to regulate the hospitality sector and ensure Umrah pilgrims to have a safe and comfortable experience from the time of their arrival until departure. This directive came into effect from the beginning of the Umrah season on Dhul Hijjah 14, 1446 AH, corresponding to June 10. Authorities emphasized the importance of early contract documentation and strict adherence to the approved regulations to avoid delays in visa issuance or exposure to regulatory action. This decision reflects ongoing collaboration between the Ministry of Hajj and Umrah and the Ministry of Tourism to raise the standard of services, protect Umrah pilgrims' rights, and prevent practices that could negatively impact their experience.
