海角直播

Vision 2030 can inspire global solutions to land degradation, energy crisis

Special  Ibrahim Thiaw, executive secretary of the UN Convention to Combat Desertification, emphasized that the Kingdom鈥檚 transformative national strategy should be a global model. AN photo
Ibrahim Thiaw, executive secretary of the UN Convention to Combat Desertification, emphasized that the Kingdom鈥檚 transformative national strategy should be a global model. AN photo
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Updated 12 December 2024

Vision 2030 can inspire global solutions to land degradation, energy crisis

Vision 2030 can inspire global solutions to land degradation, energy crisis
  • UNCCD executive secretary discusses how 海角直播鈥檚 strategy can lead global environmental change

RIYADH: Achieving 海角直播鈥檚 Vision 2030 will require significant investment in land restoration and renewable energy, as the nation鈥檚 ambitious strategy extends beyond national goals, according to a senior executive.

In an interview with Arab News on the sidelines of COP16 in Riyadh, Ibrahim Thiaw, executive secretary of the UN Convention to Combat Desertification, emphasized that the Kingdom鈥檚 transformative national strategy should be a global model.

鈥淰ision 2030 is a national vision from 海角直播. But it can only be achieved if we invest more in land restoration. It can only be achieved if we invest more in empowering communities to manage their resources,鈥 Thiaw said.

He further added: 鈥淚t is certainly an excellent vision proposed by the Kingdom of 海角直播. But it goes beyond in terms of vision, in terms of ambition. It has to be implemented in many other parts of the world.鈥

Thiaw highlighted the need for innovative solutions to address global food production challenges. For example, he pointed out the importance of doubling food production by 2050 without exhausting limited resources, calling for the adoption of technologies like artificial intelligence, precision agriculture, and water-efficient systems.

He also noted that Vision 2030 stresses the importance of balancing traditional farming techniques with modern technologies to enhance soil productivity, reduce pollution, and avoid the expansion of agricultural land.

鈥満=侵辈 is already doing quite a bit in land restoration,鈥 Thiaw said, referencing efforts through institutions like the Saudi Fund for Development, which has active portfolios across Africa, Asia, and Latin America.

鈥淏ut we all need to do more,鈥 Thiaw added. 鈥淭hat will probably require that the Saudi Fund for Development, as well as other institutions where 海角直播 is the main shareholder, like the Islamic Development Bank, the OPEC Fund, and many other institutions, realign their portfolios to match the ambitions of COP16.鈥

As a G20 member, Thiaw urged the Kingdom to help rally other nations to meet the G20 goal of restoring 50 percent of degraded land by 2040. The focus, he stressed, must not only be on making commitments but also on ensuring their effective implementation.

鈥満=侵辈 will be appreciated if it works with its peers from other countries, with South Africa, which is now the current presidency of G20, and then the future presidencies, as well as all members of the G20,鈥 Thiaw said.

Thiaw also emphasized the critical importance of integrating traditional methods, like underground irrigation, with modern technologies such as desalination and renewable energy to support sustainable development, especially in arid regions. These combined solutions can address challenges like water scarcity and energy demands while promoting economic growth.

鈥淭his is where you need new technologies and combine them with the traditional technologies, including the underground irrigation that has been known here for millennia, and so we can use new technologies to make additional water available,鈥 Thiaw said.

He added: 鈥淚 visited the Saudi pavilion here. I just could not believe what I saw, and from 300 megawatts just a few years back, there are now 44 gigawatts moving to 80 GW. I was stunned!鈥

Thiaw explained that 海角直播鈥檚 progress demonstrates how integrating traditional and new technologies can lead the way in energy transitions, land management, and water accessibility, creating a better future for all.

Key outcomes

Thiaw outlined some of the key outcomes expected from COP16, including decisions on proactive drought resilience strategies to prepare communities, businesses, and governments for future droughts rather than simply reacting to crises.

An additional focus is scaling up commitments to restore degraded land, with a global reserve of 1.5 billion hectares of damaged land, and reversing the trend of losing fertile soil annually 鈥 an area the size of Egypt.

He stressed that financing is central to these efforts: 鈥淲e have indicated in our reports that the world needs to invest $1 billion per day. $1 billion per day needs to be invested in land restoration worldwide. Now that is a huge figure. It鈥檚 not small. This is not necessarily only public funds, but also private funds.鈥

Thiaw added: 鈥淣ot only public funds, but also private funds. The private sector must invest to sustain productivity, while harmful taxpayer-funded subsidies should be redirected toward environmentally friendly and land-friendly activities.鈥

Collaboration with 海角直播

To address these pressing challenges, Thiaw expressed the UNCCD鈥檚 eagerness to collaborate with 海角直播 in integrating advanced technologies with traditional practices.

鈥淥ur ambition is to help countries transition effectively, and 海角直播 is uniquely positioned to lead this effort,鈥 Thiaw said, highlighting the Kingdom鈥檚 capacity, energy, and financial resources.

He added: 鈥淣ow, there is a lot of discussion at the moment under the climate negotiations to see whether we can have net zero in terms of emissions. But if you are to achieve net zero in terms of emissions, it is not only emissions coming from industry, but emissions coming from land use, because land use is the second-largest emitter.鈥

Thiaw emphasized that degrading land increases carbon emissions, whereas restoring land acts as a natural solution by capturing carbon and returning it to the soil, thus helping to mitigate climate change.

The progress showcased at the Saudi pavilion highlights how merging traditional practices with advanced technologies can pave the way for sustainable energy transitions, better land and water management, and long-term environmental and economic stability. This model serves as a benchmark for addressing resource challenges in arid regions and other vulnerable areas globally.


海角直播鈥檚 AI moment takes shape at Money20/20

海角直播鈥檚 AI moment takes shape at Money20/20
Updated 19 September 2025

海角直播鈥檚 AI moment takes shape at Money20/20

海角直播鈥檚 AI moment takes shape at Money20/20

RIYADH: The Saudi edition of Money20/20 Middle East this week offered a snapshot of how rapidly artificial intelligence is moving from hype to hard deployment in the Kingdom鈥檚 financial sector. 

With more than 450 fintech companies and over 1,050 global investors gathering under the theme 鈥淲here Money Does Business,鈥 the event showed how central AI has become to 海角直播鈥檚 Vision 2030 ambitions and how urgent the conversation around regulation, infrastructure and talent has become.

The message across panels was clear: AI is no longer an experiment. It is increasingly embedded in every corner of finance, from fraud detection and onboarding to risk modeling and compliance. The more AI promises to accelerate growth, the more scrutiny it invites. 

For 海角直播, the challenge now is scaling adoption while maintaining trust, regulatory alignment and data integrity.

The Kingdom is projected to reap nearly $135.2 billion from AI by 2030, equivalent to about 12.4 percent of gross domestic product, according to PwC. That potential is driving urgency, with nearly all financial-sector leaders saying the pressure to deploy AI has grown over the past six months. Regulators are responding in parallel.

The Saudi Central Bank has expanded its sandbox programs and is introducing clearer guidelines to ensure innovation happens under strong consumer-protection and data-governance frameworks. Industry insiders at the event said this collaboration between regulators and the private sector is essential if the Kingdom is to balance speed with safety in AI rollouts.

Khalid Al-Sharif, CEO of Abdul Latif Jameel Finance, said the next stage of AI adoption in finance will depend on coordination between regulators, financial institutions and technology providers. 

鈥淭he next phase is about coordination,鈥 he said. 鈥淩egulators must keep issuing workable standards, financial institutions must document and monitor models, and technology providers must build for local requirements rather than import generic systems.鈥

Khalid Al-Sharif, CEO of Abdul Latif Jameel Finance. LinkedIn

He added that enabling micro and small businesses is central to Vision 2030 and pointed to Abdul Latif Jameel Finance鈥檚 Bab Rizq Jameel Microfinance program, which has issued loans to nearly 300,000 beneficiaries since 2004 鈥 81 percent of them women. 鈥淥ur goal is to empower entrepreneurs and women-led enterprises so they can contribute more strongly to national GDP,鈥 he said.

Al-Sharif also emphasized the importance of building trust as technology advances. 鈥満=侵辈モ檚 financial sector is ready for this leap,鈥 he said. 鈥淏ut success will depend on responsible innovation that protects consumers and uses data ethically while enabling growth.鈥

Among the announcements at the Money20/20 conference in Riyadh was Singapore-based Dyna.Ai鈥檚 decision to expand in the Kingdom with the launch of its Agentic AI Suite and Arabic-first AI Employees. 

These digital teammates, including an AI credit underwriter, knowledge partner and recruiter adviser, are designed to integrate into enterprise workflows and support compliance, customer service and operational efficiency.

鈥淎I Employees are advanced digital teammates that augment human capabilities,鈥 said Tomas Skoumal, chairman and co-founder of Dyna.Ai. 鈥淭hey deliver faster, more accurate, and personalized customer experiences while collaborating directly with human workers.鈥

The company says its tools deliver more than 95 percent accuracy with response times under 200 milliseconds. Importantly, the suite was built with Arabic capabilities from day one, meaning it can understand dialects, cultural nuances and regulatory requirements specific to the Kingdom.

Tomas Skoumal, chairman and co-founder of Dyna.Ai. Facebook

While announcements like Dyna.Ai鈥檚 show confidence in the market, 海角直播鈥檚 journey toward AI at scale still faces hurdles. Executives at Money20/20 pointed to a shortage of AI specialists and data scientists even as universities and training programs accelerate talent development.

Infrastructure gaps also persist, with demand growing for high-performance computing, sovereign data centers and faster data-processing capabilities. 

Regulatory certainty is another area to watch. Though sandboxes and ethical frameworks are already in place, binding rules for algorithmic transparency, privacy and bias mitigation are still being developed. 

Industry experts warn that without clear, enforceable guidelines, trust in AI systems could be undermined before they are fully mainstream.

Money20/20 is more than a showcase. It is one of the few places where regulators, legacy banks, fintech startups and investors meet under one roof to compare strategies and align on priorities. 

This year, announcements such as Google Pay鈥檚 launch in the Kingdom, Alipay+ acceptance by 2026, and a series of capital markets reforms highlighted the pace at which 海角直播 is trying to modernize its financial ecosystem.

For companies including Dyna.Ai, the event serves as a stress test, a chance to prove whether their solutions can meet Saudi-specific expectations for speed, accuracy, compliance and cultural fit. 

For regulators and policymakers, it is an opportunity to gauge market readiness and identify where rules and infrastructure must catch up with innovation.

海角直播鈥檚 AI story is now entering what many at the conference called its execution phase. 

The big-picture goals have been set: billions of dollars in AI-driven GDP impact, a skilled workforce of 20,000 specialists by 2030 and a digitally transformed financial system. What comes next is a test of implementation, how quickly these ambitions can translate into measurable outcomes.

Dyna.Ai鈥檚 Arabic-first approach offers one glimpse of what the future might look like: instant, personalized and compliant digital interactions that support growth while keeping human workers focused on higher-value tasks. But it is just one piece of a much larger transformation.

The Kingdom鈥檚 AI moment is no longer just a promise. Its success will be measured by the ability to build trust, close infrastructure gaps, nurture talent and ensure every algorithm deployed works for both the economy and the people it serves.


How AI could end 海角直播鈥檚 鈥榠nfinite workday鈥

How AI could end 海角直播鈥檚 鈥榠nfinite workday鈥
Updated 18 September 2025

How AI could end 海角直播鈥檚 鈥榠nfinite workday鈥

How AI could end 海角直播鈥檚 鈥榠nfinite workday鈥
  • AI adoption is already demonstrating its potential to reshape work across the Kingdom.
  • Companies must 鈥榬edesign workflows to cut through digital noise, unlock focus鈥

ALKHOBAR: At 10 p.m. in Riyadh, a marketing executive checks her inbox one last time. She has already answered over 100 emails, managed a constant stream of Teams messages, and sat through five back-to-back meetings. By 6 a.m., she will be back online.

This 鈥渋nfinite workday鈥 is becoming the norm. According to Microsoft鈥檚 latest Work Trend Index, nearly 30 percent of employees check email late at night, while 40 percent are online by early morning. The average Saudi worker now faces a flood of 117 emails and 153 Teams messages daily, with interruptions every two minutes 鈥 a pattern that has blurred the line between work and rest.

For Turki Badhris, president of Microsoft Arabia, this is precisely why organizations must move beyond basic digitization toward full transformation.

鈥淎I is not a passing trend. It鈥檚 a generational shift that is redefining how work gets done, how decisions are made, and how value is created,鈥 Badhris told Arab News. 鈥淭he organizations that thrive will be those that are willing to reimagine, not just automate, how work works.鈥

Turki Badhris, president of Microsoft Arabia. (Supplied)

He calls this the 鈥淔rontier Firm mindset,鈥 where companies redesign workflows to cut through digital noise and unlock focus, rather than simply adding new technology on top of old processes.

Human resources professionals are seeing the human cost of this always-on culture firsthand.

鈥淲ith digital transformation under Vision 2030 and the shift to flexible work models after the pandemic, it鈥檚 becoming harder for people to switch off,鈥 said Aminah Alalaiwi, assistant manager HR Business Partner at Bupa Arabia.

鈥淥ver time, that takes a real toll on the employee and induces burnout, stress, and lower engagement,鈥 she said.

Opinion

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To address this, Alalaiwi completed Mental Health First Aid training, an initiative her company encouraged.

鈥淚t gave me the tools to spot early signs of struggle and respond in a way that actually helps,鈥 she added. 鈥淭hat鈥檚 why I believe HR has to go beyond policies. We need to actively create cultures where well-being and performance reinforce each other.鈥

AI adoption is already demonstrating its potential to reshape work across the Kingdom. At Obeikan Investment Group, the O3ai platform 鈥 built on Azure OpenAI and IoT 鈥 analyzes production data in real time, boosting operational efficiency by 30 percent and cutting costs by a similar margin across 20 factories.

Aminah Alalaiwi, assistant manager HR Business Partner at Bupa Arabia. (Supplied)

At Ma鈥檃den, Microsoft Copilot and Azure OpenAI are used to summarize policies, draft documents, and automate governance workflows, saving employees more than 2,200 hours every month. At Sanabil Investments, structured adoption of Copilot led to 70 percent employee uptake in just two months, cutting content creation time by 50 percent.

Badhris emphasizes that Microsoft鈥檚 role is to help companies go beyond merely deploying tools.

鈥淲e work hand-in-hand with leaders to align technology adoption with business priorities, governance frameworks, and change management strategies,鈥 he said. 鈥淥ur approach is about co-creating roadmaps for responsible innovation.鈥

To support this transformation, Microsoft is investing heavily in local infrastructure. Its new cloud datacenter region in 海角直播 will provide enterprise-grade services with low-latency access and full compliance with data residency requirements, enabling organizations to scale AI securely.

DID YOU KNOW?

鈥 Microsoft Arabia has committed to training 100,000 Saudi nationals in AI skills by 2025.

鈥 The initiative has been launched in partnership with the Ministry of Communications and Information Technology and SDAIA Academy.

鈥 AI adoption is already demonstrating its potential to reshape work across the Kingdom.

But as Alalaiwi warns, even the best tools can backfire without clear boundaries.

鈥淎I can automate repetitive tasks, prioritize communications, and support smarter scheduling, reducing stress and allowing employees to disconnect after hours,鈥 she said. 鈥淗owever, without clear policies, these same tools can generate more notifications, blur boundaries, and increase the expectation of being 鈥榓lways available.鈥欌

Skilling remains a cornerstone of this shift. Microsoft Arabia has committed to training 100,000 Saudi nationals in AI skills by 2025, in partnership with the Ministry of Communications and Information Technology and SDAIA Academy. Programs like the Microsoft AI Academy and the Center of Excellence for AI and Cloud Computing aim to prepare Saudi talent with globally recognized certifications and hands-on skills.

Microsoft Arabia has committed to training 100,000 Saudi nationals in AI skills by 2025, in partnership with the Ministry of Communications and Information Technology and SDAIA Academy. (Supplied)

Badhris advises business leaders to act now rather than wait for a perfect plan.

鈥淪tart small but start now,鈥 he said. 鈥淚dentify where AI can cut through the noise, reduce repetitive tasks, and unlock focus. These quick wins often become the catalyst for deeper cultural change.鈥

As 海角直播 accelerates toward Vision 2030, the pressure to transform digitally is rising. But Badhris believes the real competitive edge in the AI era will come not from being the busiest, but from being the smartest鈥攁nd the most human.

鈥淲e can let work spill endlessly into our evenings,鈥 he said, 鈥渙r we can reclaim time for the things that matter.鈥


 

 


Saudi port exports rise 9.3% as total cargo hits 334.5m tonnes鈥

Saudi port exports rise 9.3% as total cargo hits 334.5m tonnes鈥
Updated 18 September 2025

Saudi port exports rise 9.3% as total cargo hits 334.5m tonnes鈥

Saudi port exports rise 9.3% as total cargo hits 334.5m tonnes鈥

RIYADH: 海角直播鈥檚 ports saw robust growth in 2024, with exports climbing 9.3 percent to 222.4 million tonnes, pushing total cargo volumes to 334.5 million tonnes and reinforcing the Kingdom鈥檚 expanding role in global trade.

Data from the General Authority for Statistics showed that King Fahad Industrial Port in Yanbu led in exports, handling 114 million tonnes 鈥 or 51 percent of the total. Imports also rose 3.6 percent to 108.9 million tonnes last year.

The surge in cargo aligns with 海角直播鈥檚 National Transport and Logistics Strategy under Vision 2030, which seeks to position the Kingdom as a global logistics hub connecting Asia, Europe, and Africa.

GASTAT鈥檚 report highlighted container activity, noting that more than 2.5 million inbound and outbound containers were handled in 2024, including 1.3 million outbound and over 1.2 million inbound units. Of these, 20-foot containers exceeded 1.3 million, while 40-foot containers surpassed 1.1 million, alongside roughly 1,400 containers of other sizes.

In terms of port throughput, Yanbu led with 39.8 percent, followed by King Fahad Industrial Port in Jubail at 19 percent. King Abdulaziz Port in Dammam accounted for 15.5 percent, Jeddah Islamic Port handled 14.1 percent, and the remaining 11.6 percent was distributed among other ports nationwide.

King Abdulaziz Port in Dammam also received the largest share of imports, totaling 38 million tonnes (35 percent of inbound cargo), while Yanbu dominated exports with 114 million tonnes (51 percent of outbound shipments).

Liquid bulk cargo topped all categories, exceeding 177 million tonnes, underscoring the continued importance of oil and petrochemical trade. Transshipment cargo surpassed 21 million tonnes, including nearly 11 million tonnes loaded and 10.4 million tonnes unloaded 鈥 equivalent to around 2 million standard containers.

Vessel traffic remained strong, with 8,693 ships docking at Saudi ports. Jeddah Islamic Port received the highest volume at 3,805 vessels, followed by King Abdulaziz Port with 1,980, Neom Port with 951, and Yanbu with 554.

Passenger traffic, however, fell 19.6 percent from 2023, totaling 912,800 travelers. Jazan Port recorded the highest passenger activity at over 485,000, followed by Jeddah Islamic Port with 217,600 and Neom Port with 205,100.

Compiled using data from the Saudi Ports Authority and related entities, the annual maritime report provides valuable insights into the flow of goods, passengers, and vessels, offering a foundation for future transport sector planning and development.


Closing聽Bell: Saudi main index聽rises to close at 10,780聽

Closing聽Bell: Saudi main index聽rises to close at 10,780聽
Updated 18 September 2025

Closing聽Bell: Saudi main index聽rises to close at 10,780聽

Closing聽Bell: Saudi main index聽rises to close at 10,780聽

RIYADH: 海角直播鈥檚 Tadawul All Share Index rose on Thursday, gaining 130.30 points, or 1.22 percent, to close at 10,780.69. 

Total trading turnover of the benchmark index reached SR16.4 billion ($4.3 billion), with 191 stocks advancing and 58 retreating. 

The Kingdom鈥檚 parallel market, Nomu, also climbed, adding 167.71 points, or 0.67 percent, to close at 25,290.92, as 38 stocks gained while 42 declined. 

The MSCI Tadawul Index advanced 15.37 points, or 1.11 percent, to close at 1,398.79. 

The day鈥檚 top performer was MBC Group Co., whose shares surged 9.97 percent to SR32.20. Other strong gainers included Electrical Industries Co., up 9.90 percent to SR9.99, and Dar Al Majed Real Estate Co., which rose 7.62 percent to SR13.14. 

On the downside, Saudi Public Transport Co. posted the steepest decline, falling 4.46 percent to SR12.42. Musharaka REIT Fund slipped 3 percent to SR4.20, while Alandalus Property Co. dropped 2.62 percent to SR18.60. 

In corporate developments, Al Kathiri Holding Co. announced that its subsidiary, ALIAN Industry Co., signed a memorandum of understanding with the Rwanda Housing Authority to develop 10,000 affordable housing units. 

According to a Tadawul statement, this MoU aligns with Al Kathiri Holding鈥檚 strategy to grow its presence in international markets and introduce modern construction technologies globally, supporting Saudi Vision 2030鈥檚 goal of promoting national exports.   

Al Kathiri Holding Co. ended the session at SR2.09, up 0.48 percent. 

Separately, 海角直播n Oil Co., Aramco, completed a $3 billion sukuk issuance, comprising 15,000 trust certificates with a par value of $200,000 each. The issuance offers a return of 4.125 percent for five-year certificates and 4.625 percent for 10-year certificates.  

Aramco shares closed at SR24.47, up 1.54 percent. 

Meanwhile, First Avenue for Real Estate Development said the White Land Fees program will have no impact on its Riyadh City portfolio, which consists entirely of income-generating projects and developments under construction with issued building permits. The company emphasized it does not own any undeveloped or 鈥渨hite鈥 land.  

Shares of First Avenue closed at SR8, up 3.71 percent. 


海角直播鈥檚 Al-Baha region unveils industrial projects worth $24m聽

海角直播鈥檚 Al-Baha region unveils industrial projects worth $24m聽
Updated 18 September 2025

海角直播鈥檚 Al-Baha region unveils industrial projects worth $24m聽

海角直播鈥檚 Al-Baha region unveils industrial projects worth $24m聽

JEDDAH: 海角直播鈥檚 Al-Baha region has unveiled SR89 million ($24 million) in industrial projects aimed at attracting investment, creating jobs, and developing its mining and small and medium enterprises sectors. 

Prince Hussam bin Saud bin Abdulaziz, governor of the southwestern region, inaugurated several infrastructure and utility projects at the First Industrial City in Al-Baha, part of efforts to strengthen the local industrial and investment environment. 

The launch was attended by Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef, who also chairs the Saudi Authority for Industrial Cities and Technology Zones, known as MODON, along with its CEO Majed bin Raed Al-Argoubi, according to a statement. 

Al-Baha holds significant untapped mineral wealth, which 海角直播 aims to explore as mining emerges as a key driver of economic diversification under Vision 2030. 

The Ministry of Industry and Mineral Resources recently highlighted the region鈥檚 deposits of precious and base metals 鈥 including gold, silver, copper, zinc, and lead 鈥 alongside industrial rocks and ornamental stones such as feldspar, marble, and pozzolan, estimating the value of these resources at SR285.4 billion. 

The newly launched projects include integrated service and logistics facilities in the industrial city, which 鈥渨ill help attract more quality investments, in line with Saudi Vision 2030 objectives to support regional development and empower the industrial sector,鈥 the statement said. 

Multiple memorandums of understanding were also signed to promote investment, develop national competencies, and strengthen cooperation with academic and professional institutions, including the Technical and Vocational Training Corp. and Al-Baha University. 

鈥淭he agreements aim to enhance collaboration in training, exchanging experiences, qualifying graduates for employment in the industrial sector, and supporting small and medium enterprises through joint programs that contribute to both investment and industrial efficiency in the region,鈥 the statement added. 

Prince Hussam said the projects underscore the Kingdom鈥檚 commitment to advancing the sector, attracting investment, creating youth employment, and boosting SMEs through collaboration with universities and educational institutions. 

Alkhorayef stressed that the industrial and mining sectors are vital for Vision 2030, contributing significantly to economic diversification. 

鈥淗e explained that the ministry seeks to extend its initiatives to all regions of the Kingdom, including Al-Baha, by enabling the local industrial environment and promoting unique industries that will enhance the region鈥檚 economic role,鈥 the statement said. 

The ministry is collaborating with major companies on exploration, creating investment opportunities in mining and downstream industries, and encouraging investors to seize these prospects. 

By July, the region had granted 39 mining licenses, representing total investments of SR117 million. 

Al-Baha鈥檚 industrial base comprises 49 factories: 34 in building materials, nine in food production, five in plastics and rubber, with the remainder in chemicals, metals, and other sectors, according to ministry spokesperson Jarrah Al-Jarrah.