海角直播

海角直播 explores digital partnerships with Germany, Japan, France

海角直播 explores digital partnerships with Germany, Japan, France
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Vice Minister of Communications and Information Technology Haytham Al-Ohali held discussions with officials from the three nations. SPA
海角直播 explores digital partnerships with Germany, Japan, France
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Vice Minister of Communications and Information Technology Haytham Al-Ohali held discussions with officials from the three nations. SPA
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Updated 17 December 2024

海角直播 explores digital partnerships with Germany, Japan, France

海角直播 explores digital partnerships with Germany, Japan, France
  • Vice minister of communications and information technology held discussions to strengthen collaboration in the digital economy space
  • Kingdom is working to position itself as a global leader in AI and digital transformation under Vision 2030

RIYADH: 海角直播 is exploring partnership opportunities with Germany, Japan, and France in emerging technologies, artificial intelligence, and digital infrastructure, as officials convened in Riyadh during the 19th Internet Governance Forum.聽

Running from Dec. 15 to 19 at the King Abdulaziz International Conference Center, the UN-organized forum convened global leaders to promote international digital cooperation and address emerging challenges in Internet governance.聽

On the sidelines, Vice Minister of Communications and Information Technology Haytham Al-Ohali held discussions with officials from the three nations to strengthen collaboration in the digital economy space.聽

This comes as 海角直播 is working to position itself as a global leader in AI and digital transformation under Vision 2030. Goals include increasing the digital economy鈥檚 gross domestic product contribution from 14 percent in 2022 to 19.2 percent by 2025, digitizing 92 percent of government services, and raising the ICT sector鈥檚 GDP share to 4 percent.聽

At the forum鈥檚 opening, the Kingdom unveiled the Riyadh Declaration, a commitment to developing inclusive and responsible AI technologies to address global challenges and drive economic value.聽

Saudi Minister of Communications and Information Technology Abdullah Al-Swaha highlighted the declaration鈥檚 focus on AI鈥檚 role in increasing digital accessibility, enhancing digital literacy, protecting the environment, and promoting economic inclusion.聽

He underscored the importance of ensuring fairness, inclusivity, and safety in the development and deployment of AI technologies while leveraging data for societal advancement.聽

鈥淭he Kingdom is committed to addressing key challenges such as unequal access to algorithms, data, and computing resources,鈥 Al-Swaha said.聽

As part of its Vision 2030 goals, the Kingdom plans to provide high-speed broadband access to 90 percent of households in densely populated cities, implement nationwide e-invoicing to enhance tax compliance, and rank among the world鈥檚 top 15 countries in AI by the end of this decade.聽

Al-Ohali鈥檚 meeting with Stefan Schnorr, state secretary at Germany鈥檚 Ministry for Digital and Transport, focused on strengthening technical cooperation and promoting innovation.聽

His talks with Takuo Imagawa, the vice minister for international affairs at Japan鈥檚 Ministry of Internal Affairs and Communications, explored Saudi-Japanese partnerships in AI and emerging technologies.聽

Similarly, Al-Ohali鈥檚 meeting with French Ambassador for Digital Affairs Henri Verdier centered on advancing joint initiatives in technical innovation and the digital economy.聽

Gulf Cooperation Council Secretary-General Jasem Al-Budaiwi underscored the significance of 海角直播 hosting the IGF, reflecting the Kingdom鈥檚 leadership in digital governance and commitment to Vision 2030鈥檚 objectives.聽

鈥淭his enhances the Kingdom鈥檚 position as a key destination for global events aimed at achieving sustainable development across various sectors,鈥 he said.聽

Al-Budaiwi added that the event highlights 海角直播鈥檚 communications, information technology, and digital government capabilities.聽

The forum, attended by over 9,000 participants from 170 countries, features more than 300 sessions under themes such as Harnessing Innovation and Balancing Risks in the Digital Space, Advancing Human Rights and Inclusion in the Digital Age, and Improving Digital Governance for the Internet We Want.聽

The event highlights 海角直播鈥檚 growing influence in digital governance and its efforts to harness innovation to drive global sustainability and digital inclusion.聽


Can Lebanon鈥檚 Middle East Airlines succeed with a low-cost gamble?

Can Lebanon鈥檚 Middle East Airlines succeed with a low-cost gamble?
Updated 30 August 2025

Can Lebanon鈥檚 Middle East Airlines succeed with a low-cost gamble?

Can Lebanon鈥檚 Middle East Airlines succeed with a low-cost gamble?
  • Launching a low-cost carrier is a step by the airlines to keep its position, says expert

RIYADH: Lebanon鈥檚 flag carrier Middle East Airlines 鈥 wholly owned by the central bank, Banque du Liban 鈥 plans to launch a low-cost subsidiary to serve destinations in the EU and the Middle East in what would be a welcome addition to the sector.

Amid an economy in freefall, soaring ticket prices, and competition from Hungarian budget carrier Wizz Air Abu Dhabi鈥檚 limited but cheaper flights, analysts told Arab News how the proposal could still have a positive impact on the country鈥檚 aviation sector.

Jassem Ajaka, an economist and university professor, believes the MEA has 鈥渒ind of a monopoly in terms of direct flights.鈥

However, negotiations with the International Monetary Fund include liberalizing various sectors, which could see increased competition for the company if new competitors enter the market.

Ajaka sees the low-cost subsidiary as a strategic play, adding: 鈥淟aunching an LCC (low-cost carrier) during this monopoly scene is a step to keep its position, especially as many customers suffer from high ticket prices and look for indirect flights through cheaper airlines. This could help MEA recollect those travelers.鈥

For Lebanese expatriates like Ziad Fino, a project coordinator at business school HEC Paris who left the country during the 2019 crisis, soaring airfares have turned family visits into a costly ordeal. 鈥淚 used to visit Lebanon at least twice a year 鈥 once in the summer and again during the holidays,鈥 he told Arab News in an interview. 鈥淏ut now, with ticket prices skyrocketing, I鈥檝e had to cut back to maybe once a year, if I鈥檓 lucky.鈥

MEA鈥檚 fares have become a significant burden.

鈥淎 round-trip ticket from Riyadh to Beirut during peak season can cost over $1,000,鈥 said Roger Hadchity, a project manager at Riyadh-based Blueprint Middle East, a commercial fit-out and refurbishment contractor, who left Lebanon for 海角直播.

鈥淲e鈥檙e forced to look for alternatives, like connecting flights through other Gulf hubs, but even those options are getting pricier,鈥 he added.

But how can MEA鈥檚 subsidiary operate at genuinely lower costs? Ajaka said: 鈥淢EA is already an established airline, so it could rely on one type of airplane and benefit from existing human resources. The new LCC could also use yield management to maximize revenues from every trip.鈥

Lebanon鈥檚 broken economy poses a steep challenge. 鈥淚t鈥檚 so hard to launch and operate an LCC amid high inflation,鈥 the economist admitted. 鈥淏ut it could work if the chain is autonomous and self-sufficient 鈥 selling tickets in fresh USD cash or through fresh USD credit cards, using cheap fuel, and implementing yield management,鈥 he noted.

Any operation in Lebanon is directly affected by the security in the country, and as Ajaka affirmed, nothing can operate in an armed conflict area.

鈥淚n case of Israeli aggression, the project cannot proceed. Even if the airport isn鈥檛 targeted, rising insurance fees would affect profits,鈥 he added.

In July, it was announced that the new airline was set to be launched within two years and serve destinations in the EU and the Middle East.

Speaking to Arab News, MEA鈥檚 Public Relations Manager Rima Mekkaoui said that concrete preparations for the airline may not begin until winter 2027. When asked for more details, Mekkaoui confirmed that was all the information currently available.

Regulatory hurdles and global partnerships

Kamil Al-Awadhi, the International Air Transport Association鈥檚 regional vice president for Africa and the Middle East, outlined the certifications that any new LCC would need to become operational.

鈥淭he IATA Operational Safety Audit Program is IATA鈥檚 internationally recognized and accepted evaluation system designed to assess the operational management and control systems of an airline,鈥 he explained, noting that such IATA-specific certifications are not compulsory for aviation firms to obtain before being operational.

The top official explained that if an airline wants to become an IATA member, it must become IOSA registered and must remain registered to maintain membership. 

While IATA membership is not compulsory for an airline to operate, it has its perks as the association offers support to both LCCs and full-service carriers.

鈥淏ecoming an IATA member airline offers numerous benefits, including enhanced credibility, access to a global network, reduced costs through streamlined operations, and a powerful voice in industry advocacy,鈥 Al-Awadhi said.

鈥淚ATA membership also facilitates industry change, promotes safety standards, and provides access to financial services and business intelligence,鈥 adding that non-IATA airlines face limitations including barriers to joining alliances and integrating into the wider aviation ecosystem, especially without IOSA certification.

Regional LCCs and Lebanon鈥檚 uphill battle

Lebanon鈥檚 plan to launch a budget airline comes as nearly every neighboring country has already established its own successful low-cost carrier, reshaping regional travel with ultra-affordable fares.

Wizz Air Abu Dhabi is a growing ultra-low-cost company in the region, expanding with flights from Beirut.

Flydubai serves as Dubai鈥檚 budget-friendly alternative to Emirates, while 海角直播鈥檚 flynas operates flights to over 70 destinations. Kuwait鈥檚 Jazeera Airways and Oman鈥檚 Salam Air dominate budget travel in the Levant and Gulf. These airlines thrive on cost efficiency, high-frequency routes, and digital-first booking 鈥 something MEA has struggled with due to Lebanon鈥檚 economic constraints.

Unlike Gulf carriers, which benefit from state-backed stability and open-skies policies, MEA faces hyperinflation, fuel shortages, and a collapsing currency.

Fleet expansion vs. economic reality

MEA has nine new aircraft on order, including long-range Airbus A321XLRs to open African routes, but delivery delays 鈥 some jets were due in 2023 鈥 highlight broader industry struggles. Meanwhile, Beirut鈥檚 airport, strained beyond its 6-million-passenger capacity, saw a post-ceasefire surge, handling 560,050 travelers in May alone.

To cope, MEA is pushing for a $400 million to $500 million second terminal via a public-private partnership, promising advanced, passport-free processing. But similar plans were scrapped in 2023 over corruption claims, and Lebanon鈥檚 instability may deter investors.

In June, Lebanese Prime Minister Nawaf Salam revealed plans for a second international airport in Lebanon.

Public Works and Transport Minister Fayez Rasamny confirmed during a speech on Aug. 19 that 鈥渞eactivating the Ren茅 Moawad Airport in Qlayaat is a fundamental pillar for stimulating commercial and tourist activity in the North (of Lebanon),鈥 clarifying that 鈥渢he airport鈥檚 feasibility study has been completed and the project is now awaiting the executive steps for its revival.鈥

Wizz Air鈥檚 shadow

Wizz Air鈥檚 arrival has exposed MEA鈥檚 pricing vulnerability, but its limited routes leave room for competition 鈥 if MEA can undercut its own mainline fares without cannibalizing revenue.

With Lebanon鈥檚 financial system in shambles and political risks lingering, MEA鈥檚 gamble hinges on two bets: that travelers will trust a state-linked budget carrier, and that Lebanon鈥檚 economy won鈥檛 ground it before takeoff.  As Hadchity put it: 鈥淚f travel stays this expensive, more of us will drift away.鈥


Technology and tradition power 海角直播鈥檚 glamping revolution

Technology and tradition power 海角直播鈥檚 glamping revolution
Updated 30 August 2025

Technology and tradition power 海角直播鈥檚 glamping revolution

Technology and tradition power 海角直播鈥檚 glamping revolution
  • As part of the National Tourism Strategy, 海角直播 aims to attract 150 million visitors by 2030

RIYADH: 海角直播鈥檚 vast deserts are shedding their image as empty stretches of sand, emerging instead as the stage for a luxury tourism revolution. 

From solar-powered tents in AlUla to AI-enhanced stargazing in the Empty Quarter, high-end glamping is turning remote landscapes into billion-dollar assets, combining sustainability with indulgence under the Kingdom鈥檚 Vision 2030.

As part of the National Tourism Strategy, 海角直播 aims to attract 150 million visitors by 2030 and increase tourism鈥檚 contribution to gross domestic product to 10 percent, supporting economic diversification.

Glamping 鈥 a blend of 鈥済lamorous鈥 and 鈥渃amping鈥 鈥 offers the outdoor experience with amenities and, in some cases, resort-style services far removed from traditional camping. In the Kingdom, it is redefining premium tourism by attracting affluent travelers to eco-conscious, culturally rooted stays in stunning desert settings. 

Cultural depth and comfort 

According to Camilla Bevilacqua, partner at Arthur D. Little, the combination of comfort, heritage, and sustainability supports 海角直播鈥檚 efforts to attract high-value visitors and promote lesser-known destinations through meaningful, low-impact experiences.

鈥淚n AlUla high-end glamping combines natural beauty with deep cultural heritage 鈥 from Hegra鈥檚 Nabataean tombs to the ancient oasis networks and rock art sites 鈥 making it ideal for immersive travel experiences. The introduction of luxury tented accommodations has reframed how visitors engage with the destination. Guests now wake up to the sound of the wind through sandstone cliffs and end their day with private stargazing sessions guided by local astronomers,鈥 Bevilacqua said.

鈥淭his kind of experiential layering resonates strongly with affluent travelers seeking connection, authenticity, and privacy in extraordinary settings,鈥 she added.

She noted that in the Empty Quarter, glamping is taking shape with low-impact, mobile designs to protect the desert environment. These offerings combine comfort with cultural storytelling, including curated access to fossil sites, Bedouin heritage, and ancient trade routes.

鈥淏y offering immersive, experience-led alternatives to conventional tourism models, it aligns with broader global shifts in traveler preferences. In the Saudi context, it also serves to distinguish the Kingdom from regional competitors 鈥 emphasizing the unique interplay of landscape, heritage, and sustainability as key value drivers for international high-end tourism segments,鈥 Bevilacqua said.

Shifting from assets to experiences

Philippe Najjar, PwC Middle East partner for Destinations, said the rise of luxury glamping signals a shift in tourism strategy from building physical assets to creating emotionally resonant, experience-led destinations.

鈥淭his transition shows clearly how 海角直播 is on a journey toward diversifying its destination offerings: by anchoring tourism development around immersive 鈥榩lay鈥 experiences, destinations can lead the way toward increasing dwell time, drive higher revenues, and enhance the Kingdom鈥檚 global awareness and association,鈥 Najjar said.

鈥淭he upcoming challenge for immersive destinations will be expanding their appeal beyond just high-end and luxury markets,鈥 he added. 

The combination of comfort, heritage, and sustainability supports 海角直播鈥檚 efforts to attract high-value visitors and promote lesser-known destinations.

Camilla Bevilacqua, partner at Arthur D. Little

Simon Mead, head of Discover Saudi DMC, part of Almosafer, noted that while early pioneers like Habitas have set benchmarks, large parts of the Kingdom remain untapped. He said the company has developed tailored desert experiences focused on authenticity over excess 鈥 offering privacy, storytelling, and traditional Bedouin hospitality.

鈥淲e鈥檙e also developing new experiences in places like Wadi Disah, a breathtaking and still lesser-known location that is accessible from both AlUla and Tabuk. This will extend our immersive desert offering and begin to formalize what the next generation of 鈥楽audi glamping鈥 looks like, rooted in place, led by locals, and tailored to the traveler,鈥 Mead said.

Supporting Vision 2030 goals

Industry experts agree that high-end glamping aligns with Vision 2030 by creating sustainable, experience-driven tourism that boosts revenue, generates jobs, and supports regional development.

From Arthur D. Little鈥檚 perspective, it attracts high-spending travelers seeking exclusive and authentic stays, benefiting related sectors such as transport, culture, and wellness. Bevilacqua said these ventures also foster local employment in hospitality, guiding, and culinary services, with growing emphasis on community involvement and SME participation.

鈥淥verall, glamping advances Vision 2030鈥檚 goal of establishing 海角直播 as a global hub for sustainable tourism. These desert-based experiences are often designed with light-touch infrastructure, minimal environmental impact, and principles of ecological stewardship, offering a blueprint for how tourism can expand without compromising the integrity of the landscape,鈥 Bevilacqua said.

鈥淏y aligning economic ambition with environmental sensitivity and community inclusion, high-end glamping serves as a mechanism for 海角直播鈥檚 transition toward a more experience-led, diversified, and resilient tourism economy,鈥 she added.

Najjar highlighted how glamping developments stimulate local economies by involving nearby communities and engaging local suppliers, guides, and artisans. 

We鈥檙e developing new experiences in places like Wadi Disah, a breathtaking and still lesser-known location that is accessible from both AlUla and Tabuk.

Simon Mead, head of Discover Saudi DMC, part of Almosafer

鈥淚n KSA, and in alignment with Vision 2030鈥檚 emphasis on regional development and sustainable tourism, luxury glamping serves as an exemplary model. By designing low-impact, culturally resonant destinations, it ensures enduring benefits for both residents and visitors,鈥 he said. For Discover Saudi DMC, sustainability means cultural and economic inclusion as much as environmental responsibility. Mead said their fully Saudi team in AlUla delivers authentic experiences while proudly sharing heritage with visitors.

鈥淲e鈥檙e also deeply committed to talent development. Through government-backed programs like Tamheer, we鈥檙e introducing young Saudis to the standards and expectations of global luxury tourism. High-end desert hospitality can be a powerful entry point, one that creates jobs, nurtures storytelling, and positions Saudi talent at the forefront of a growing sector,鈥 Mead said. 

Tech meets tradition

海角直播鈥檚 luxury desert hospitality is moving into a new era, where landscape immersion is combined with technology-driven personalization.

Bevilacqua said innovations such as AI concierges, augmented reality stargazing, and immersive storytelling are enhancing guest engagement, and future models may involve multi-stop desert circuits that encourage regional travel. 鈥淔undamentally, the evolution of desert glamping in 海角直播 is not driven by technology alone, but by a desire to enrich the visitor鈥檚 connection to place, reveal the deeper stories embedded in the landscape, and cultivate a form of hospitality that honors both local identity and national vision,鈥 she said.

Najjar said PwC鈥檚 research shows that future value in destinations lies in smart, seamless integration of experiences.

鈥淔or developers and tourism authorities, this evolution presents a significant competitive advantage. By embracing tech-driven design, they can surpass traditional infrastructure, delight guests, optimize operations, and engage in data-driven planning, the hallmarks of a connected destination鈥檚 future,鈥 he said.

Mead added that while AI concierges and AR stargazing can elevate experiences, they will never replace the human connection. 鈥淯ltimately, the future of luxury camping in 海角直播 is one where innovation and heritage sit side by side. It鈥檚 about pairing digital tools with deeply human moments, a formula that defines our approach as the Kingdom鈥檚 leading DMC,鈥 he said.


Property tech, gaming firms lead major funding rounds

Property tech, gaming firms lead major funding rounds
Updated 30 August 2025

Property tech, gaming firms lead major funding rounds

Property tech, gaming firms lead major funding rounds
  • UAE-based fintech Holo raises $22m to expand its platform

RIYADH: Investor confidence is rising in Middle East startups, from proptech funding rounds to strategic bets in the growing gaming sector. 

These moves reflect a broader regional trend: supporting ventures that harness technology to tackle real-world challenges 鈥 ranging from home ownership and food security to cultural entertainment鈥 while aligning with Saudi Vision 2030 and the UAE鈥檚 economic diversification goals.

Holo raises $22m in Series A round

In one of the Gulf Cooperation Council鈥檚 largest Series A rounds this year, UAE-based fintech Holo has raised $22 million to expand its tech-enabled home-buying platform.

According to a press release, the round was led by 海角直播鈥檚 Impact46, with participation from Abu Dhabi鈥檚 Mubadala, Rua Growth Fund, anb seed, and MoreThan Capital, alongside returning investors Salica Oryx Fund and Dubai Future District Fund.

The funding comes amid growth in regional real estate markets, with the UAE projected to reach $217 billion by 2030 and 海角直播鈥檚 market expected to hit $310 billion. Holo plans to leverage its profitable UAE base to scale into the high-growth Saudi market.

Michael Hunter and Arran Summerhill, co-founders of Holo, said: 鈥淎t Holo, we鈥檝e always believed that buying a home shouldn鈥檛 be complicated. With this raise, we鈥檙e not only scaling across borders but also scaling trust, simplicity, and access to homeownership.鈥 

They added: 鈥淥ur profitability in the UAE has given us the strength and confidence to invest ambitiously in high-growth markets like 海角直播.鈥

The founders noted that momentum around homeownership and digital transformation is accelerating as the Kingdom advances toward Vision 2030. 鈥淭he vision is regional, and with backing from world-class investors, we鈥檙e in a prime position to keep raising the bar for how home-buying should work 鈥 faster, smarter, and built around the customer.鈥

Basmah Al-Sinaidi, managing partner at Impact46, said: 鈥淗olo is bringing much-needed clarity to a process that鈥檚 long been opaque. By streamlining access to lenders and giving users full control of their home financing journey, they鈥檙e reshaping how people buy homes across the region.鈥 

Ali Al-Mheiri, executive director of UAE Diversified Assets at Mubadala, added: 鈥淥ur investment in Holo comes from our belief in the strength of its vision, leadership, and ability to reshape how people navigate the home-buying journey.鈥

Maalexi secures $20m credit facility

Maalexi, a B2B food and agri-trade platform, has secured a Shariah-compliant credit facility of up to $20 million from Amwal Capital Partners.

The initial $5 million tranche will be used to scale operations and integrate thousands of small and medium-sized enterprises into the platform, bolstering food security in the UAE and 海角直播, according to a statement.

The facility is structured as a tech-enabled securitization, collateralized against Maalexi鈥檚 inventory and receivables. 

Indie studio Starvania raised $1.1 million from Merak Capital and Impact46. (Supplied)

Maalexi CEO Azam Pasha said: 鈥淭his facility is more than capital 鈥 it is a catalyst to enhance our capabilities and help us build resilient and intelligent food supply chains that are driven by speed, transparency, and trust.鈥 

He added: 鈥淐ombined with the capital support of partners like Amwal Capital, these innovations are redefining how food is digitally procured, stored, and distributed 鈥 reinforcing food security across the UAE, 海角直播, and the wider GCC.鈥

Sharif Eid, head of private credit at Amwal Capital Partners, said: 鈥淢aalexi鈥檚 proprietary technology stack, deep market linkages, and robust operational controls set a new benchmark for de-risking and scaling agri-trade.鈥

Saudi gaming ecosystem

The Saudi gaming ecosystem is experiencing a surge of activity, reflecting the Kingdom鈥檚 strategic focus on the sector under Vision 2030.

Impact46 committed $53 million to Kammelna in its largest investment to date. The studio behind the digitized version of the Saudi card game Baloot has achieved over 6 million downloads and boasts 1 million monthly active users. Abdulaziz Al-Omran, founder and CEO of Impact46, called the deal a turning point not just for Saudi gaming, but for what it means to invest in culturally grounded, scalable IP.

Kammelna鈥檚 CEO Bader Al-Zamil said the partnership will help build more games that carry the spirit of our culture to players everywhere. Separately, indie studio Starvania raised $1.1 million from Merak Capital and Impact46. According to a press release, the funding will enhance production capabilities for PC and console games and support recruitment of top talent.  The studio, founded by Meaad Aflah and Muslih Al-Zahrani, gained recognition with its Arabian mythology-inspired game Bahamut and the Waqwaq Tree.


Saudi non-oil exports climb 22.1 percent year on year to $7.31 billion: GASTAT

Saudi non-oil exports climb 22.1 percent year on year to $7.31 billion: GASTAT
Updated 29 August 2025

Saudi non-oil exports climb 22.1 percent year on year to $7.31 billion: GASTAT

Saudi non-oil exports climb 22.1 percent year on year to $7.31 billion: GASTAT
  • Exports to the UAE amount to SR7.85 billion in the sixth month of the year
  • Among the most important non-oil exports are chemical products, which constituted 24.5 percent of the total non-oil exports, recording an 8.5 percent increase compared to June 2024

RIYADH:  海角直播鈥檚 non-oil exports, including re-exports, reached SR27.45 billion ($7.31 billion) in June, marking an annual rise of 22.1 percent, official data showed.

Preliminary figures released by the General Authority for Statistics showed that the UAE remained the top destination for the Kingdom鈥檚 non-oil products, with exports to the Emirates amounting to SR7.85 billion in the sixth month of the year.

India was the second-largest non-oil trade partner, importing goods worth SR2.6 billion, followed by China at SR2.14 billion, Turkiye at SR946.2 million, and Egypt at SR871.2 million.

The rise in non-oil exports supports the goals of Vision 2030, which aims to diversify Saudi economy and reduce its reliance on oil revenues.

In its latest report, GASTAT stated: 鈥淣on-oil exports, including re-exports, recorded an increase of 22.1 percent compared to June 2024, while national non-oil exports, excluding re-exports, increased by 8.4 percent.鈥

It added: 鈥淭he value of re-exported goods increased by 60.2 percent during the same period.鈥

In a separate release, GASTAT noted that Saudi non-oil exports jumped 17.8 percent in the second quarter of 2025, offsetting weaker oil sales and highlighting the Kingdom鈥檚 accelerating diversification drive, official data showed.   

FASTFACTS

鈥 Figures showed that the UAE remained the top destination for the Kingdom鈥檚 non-oil products.

鈥 India was the second-largest non-oil trade partner, importing goods worth SR2.6 billion.

鈥 This is followed by China at SR2.14 billion, Turkiye at SR946.2 million, and Egypt at SR871.2 million.

鈥 Other major destinations for Saudi non-oil shipments in June included Belgium.

The increase included a 46.2 percent rise in re-exports, while national non-oil exports excluding re-exports climbed 5.6 percent.

Other major destinations for Saudi non-oil shipments in June included Belgium, which received goods worth SR675.2 million, followed by Oman at SR629.4 million, and Kuwait at SR594.4 million.

Exports to the US stood at SR446 million, while shipments to Singapore and the UK totaled SR394.3 million and SR322.3 million, respectively.

Departure locations

Among seaports, the King Fahad Industrial Port in Jubail handled the highest volume of outbound non-oil goods, valued at SR3.55 billion, followed closely by the Jeddah Islamic Sea Port at SR3.17 billion.

Jubail Sea Ports and Ras Al Khair facilitated non-oil exports worth SR2.19 billion and SR1.98 billion, respectively.

On land, the Al-Batha Port processed non-oil exports worth SR1.77 billion. Al-Hadithah and Al-Wadiah ports recorded outbound shipments of SR693.6 million and SR398.9 million, respectively.

King Abdulaziz International Airport led all air terminals, handling SR4.25 billion in non-oil exports in June 鈥 a 366.3 percent increase compared to the same month last year.

Machinery and chemicals lead the way

鈥淎mong the most important non-oil exports are chemical products, which constituted 24.5 percent of the total non-oil exports, recording an 8.5 percent increase compared to June 2024,鈥 GASTAT noted.

Machinery, electrical equipment, and parts came in second, accounting for 23.3 percent of total non-oil exports and growing 168 percent year on year. The strength of Saudi non-oil private sector was further affirmed by Riyad Bank鈥檚 Purchasing Managers鈥 Index, compiled by S&P Global, which showed that the Kingdom鈥檚 headline PMI rose to 57.2 in June, up from 55.8 in May. This reading indicates a strong improvement in business conditions, exceeding the long-run average of 56.9.

A PMI score above 50 signals expansion, while a figure below that mark indicates contraction. 海角直播鈥檚 June PMI also outpaced that of its regional peers, with the UAE and Kuwait recording 53.5 and 53.1, respectively.

Machinery, electrical equipment, and parts accounted for 23.3 percent of total non-oil exports and growing 168 percent year on year. (AN file photo)

Merchandise exports

According to GASTAT, the Kingdom鈥檚 total merchandise exports in June increased by 3.7 percent year on year, although there was a 2.5 percent decrease in oil exports. Consequently, the percentage of oil exports out of total exports decreased from 74.7 percent in June 2024 to 70.2 percent a year later.

China was the top destination for 海角直播鈥檚 overall merchandise exports, with shipments valued at SR14.32 billion. The UAE followed at SR8.4 billion 鈥 a 43.5 percent jump compared to the previous year 鈥 while exports to India reached SR8.33 billion. South Korea and Japan imported SR8.22 billion and SR6.65 billion worth of goods, respectively, while Egypt accounted for SR4.48 billion.

Imports climb

Saudi imports in June reached SR70.03 billion, up 1.7 percent year on year, GASTAT reported.

Machinery, mechanical and electrical equipment topped the import list at SR21.42 billion, followed by transport equipment at SR8.75 billion and chemical products at SR6.38 billion.

Base metal imports stood at SR5.68 billion, while mineral products totaled SR3.95 billion.

By region, Asia remained the Kingdom鈥檚 largest trade partner, contributing SR39.68 billion in imports 鈥 a 9.2 percent rise from a year ago.

Imports from Europe and the Americas amounted to SR18.6 billion and SR8.23 billion, respectively. Africa supplied SR2.79 billion worth of goods, while imports from Oceania totaled SR719.7 million.

China led all countries as the top source of imports, with SR19.54 billion worth of shipments in June, a 27.7 percent year-on-year increase. The US followed with SR5.79 billion, ahead of the UAE at SR4.31 billion, India at SR3.19 billion, and Germany at SR2.94 billion.  Sea routes were the dominant entry channel for imports, accounting for SR41.47 billion 鈥 a 4.3 percent decrease year on year. Air and land routes handled SR21.2 billion and SR7.35 billion worth of inbound goods, respectively.

King Abdulaziz Sea Port in Dammam led all seaports with SR17.7 billion in imports, followed by Jeddah Islamic Sea Port at SR16.18 billion and Ras Tanura Port at SR1.28 billion.

Among land entry points, Al-Batha Port managed SR3.07 billion worth of goods, while Riyadh Dry Port and King Fahad Bridge processed SR2.14 billion and SR691.7 million, respectively.

A mixed picture

While non-oil exports strengthened, 海角直播鈥檚 overall trade performance showed mixed signals across the second quarter of the year.

During this period, a 15.8 percent drop in oil exports dragged total merchandise exports down by 7.3 percent year on year. Combined with a 13.1 percent rise in imports, this pushed the merchandise trade balance surplus down by 56.2 percent compared to the same period in 2024.  Oil鈥檚 share of the Kingdom鈥檚 total exports slipped from 74.7 percent to 67.9 percent in the quarter, reflecting a gradual rebalancing of the
export basket.


海角直播 bets on Alat to power a clean-energy manufacturing boom

海角直播 bets on Alat to power a clean-energy manufacturing boom
Updated 29 August 2025

海角直播 bets on Alat to power a clean-energy manufacturing boom

海角直播 bets on Alat to power a clean-energy manufacturing boom
  • Company aims to localize production in strategic sectors, including semiconductors, smart devices
  • 海角直播 is accelerating its shift to high-tech, clean-energy-powered manufacturing through Alat, a Public Investment Fund-backed company.

JEDDAH: Headquartered in Riyadh, Alat helps international companies adopt sustainable, low-carbon production methods, supporting Vision 2030 goals for industrial growth, economic diversification, and job creation.

Launched in 2024, the company aims to localize production in strategic sectors, including semiconductors, smart devices, advanced industrials, and next-generation infrastructure, targeting an addition of roughly $9.3 billion to 海角直播鈥檚 non-oil gross domestic product by 2030.

Khaled Ramadan, an economist and head of the International Center for Strategic Studies in Cairo, told Arab News that Alat will have 鈥渁 highly positive impact on industrial diversification in 海角直播 and the realization of Vision 2030.鈥

It could boost local content, create 39,000 direct jobs by 2030, reduce reliance on oil, and cut imports of electronics and smart devices. He added that achieving these goals will require sustained investment in infrastructure, R&D, and workforce development.

Khaled Ramadan, economist and head of the International Center for Strategic Studies in Cairo. (Supplied)

Partnership moves
Alat has quickly moved from strategy to execution. Within weeks of its launch, it signed a joint venture with Japan鈥檚 SoftBank Group to produce industrial robots locally, with production slated for 2025.

CEO Amit Midha described the deal as 鈥渁 gamechanger for manufacturing around the world,鈥 forecasting that the initial setup could add $1 billion to Saudi GDP by next year.

Alat is also partnering with Lenovo to build an advanced electronics plant producing laptops, desktops, servers, and smart devices with 70鈥80 percent automation.

A 鈧160 million ($187 million) joint venture with global elevator leader TK Elevator will establish 海角直播鈥檚 first foreign-owned elevator and escalator manufacturing operation, backed by a product-development center and training facility.

These partnerships reflect a wider national push to diversify the economy, strengthen industrial capacity, and attract foreign investment.

Neha Singh, co-founder of India-based market intelligence platform Tracxn, said Alat鈥檚 international partnerships would position 海角直播 as a regional manufacturing hub and attract foreign investment. 鈥淎lat is set to play a key role in advancing Vision 2030鈥檚 industrial ambitions by supporting the shift from an oil-reliant economy to one fueled by innovation,鈥 she said.

Furthering its manufacturing ambitions, Alat, through its strategic investment Sapphire, partnered with the Special Integrated Logistics Zone Co. to establish a state-of-the-art light manufacturing facility at Riyadh Integrated, the Kingdom鈥檚 inaugural Special Integrated Logistics Free Zone.

The 40,000-sq.-meter facility, scheduled for completion in 2025, will focus on producing enabling technologies for automation in advanced industrial applications.

FASTFACTS

鈥 Alat has quickly moved from strategy to execution. Within weeks of its launch, it signed a joint venture with Japan鈥檚 SoftBank Group to produce industrial robots locally, with production slated for 2025.

鈥 The company is partnering with Lenovo to build an advanced electronics plant producing laptops, desktops, servers, and smart devices with 70鈥80 percent automation.

鈥 Beyond robotics, electronics, and semiconductors, the company has identified nine priority sectors, including smart health, AI infrastructure, and electrification.

Abhishek Goyal, co-founder of Tracxn, noted that partnerships with global companies attract foreign investment, bring new technologies into strategic sectors, and benefit from PIF鈥檚 network and credibility.

鈥淧IF鈥檚 association with the company not only provides financial backing but also lends Alat institutional credibility and international visibility, positioning it as an attractive partner for global collaborations,鈥 he said.

Alat recently became the first company in 海角直播鈥 and among the first globally鈥 to implement specific International Organization for Standardization indicators relating to organizational governance, and ensure measurable, sustainable outcomes. The certifications, awarded following audits by BSI Group and TUV Rheinland, validate Alat鈥檚 governance framework and its commitment to continuous improvement.

Sustainable manufacturing

Beyond robotics, electronics, and semiconductors, Alat has identified nine priority sectors, including smart health, AI infrastructure, and electrification. The company has pledged $100 billion in investments by 2030 to support the global energy transition and create tens of thousands of skilled jobs.

鈥淎lat鈥檚 strong focus on sustainable technologies to steer the economy toward renewable energy through grid connection of clean energy sources like solar and wind power, building smart and energy-efficient infrastructure in both residential and commercial domains, and decarbonization of key industrial sectors strongly aligns with 海角直播鈥檚 sustainable development goals,鈥 Singh said.

Neha Singh, co-founder of Tracxn. (Supplied)

Semiconductors, a cornerstone of modern technology, are a key focus for Alat. The global semiconductor market has become a strategic asset for countries aiming to secure technological sovereignty, and 海角直播 is looking to capitalize on this trend by localizing production and developing a domestic supply chain.

Analysts say the move could reduce dependence on imports from the US, China, and other leading producers while positioning the Kingdom as a player in high-value, technology-driven industries. Experts caution that entering technology-intensive sectors requires long R&D cycles, advanced infrastructure, and skilled labor.

鈥淕lobal collaborations and technology transfers will enable Alat to significantly reduce time to market for their products and build offerings that align with international standards, giving them a significant advantage in promoting exports in key industrial sectors,鈥 she said.

鈥淎dditionally, international partnerships will provide Saudi engineers and professionals with exposure to global experts, which will benefit local talent development and boost domestic production capabilities.鈥

Ramadan emphasized that Alat鈥檚 success will depend on sustainable partnerships and robust technical infrastructure, representing a qualitative shift away from the Kingdom鈥檚 traditional oil- and petrochemical-based industries.

Alat is expected to play a key role in 海角直播鈥檚 push toward high-tech, clean-energy manufacturing. Its focus on robotics, semiconductors, advanced electronics, and light manufacturing is supported by international partnerships, governance frameworks, and sustainability initiatives aligned with Vision 2030. Backed by PIF and strategic collaborations, the company is expected to contribute to industrial diversification, job creation, and technological development, while gradually positioning the Kingdom as a competitive player in regional manufacturing.