Unsafe Sanitary Ware: Using unsafe fixtures, such as mixers and taps, can result in fines of up to 10,000 riyals.
Water Waste: Wasting drinking water due to leaks or tank malfunctions may incur fines of up to 50,000 riyals.
Misuse of Drinking Water: Using drinking water for non-designated purposes, when alternative sources are available, could lead to fines of up to 200,000 riyals.
Irrigation Techniques: Failure to adhere to rational irrigation methods may result in fines of up to 20,000 riyals.
Water Footprint Compliance: Non-compliance with the designated water footprint in the industrial sector can attract fines of up to 200,000 riyals.
General Violations:
Data Provision: Failing to provide required information to the National Center for Water Efficiency and Conservation may incur fines of up to 5,000 riyals.
Obstructing Observers: Preventing or obstructing inspectors from performing their duties could lead to fines of up to 100,000 riyals.
This regulation is part of a broader effort to enhance the sustainability of water resources in the Kingdom and ensure their efficient use, aligning with the goals of Saudi Vision 2030.
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GASTAT: Total Number of Passengers at Saudi Airports Jumps 15% to Over 128 Million in 2024
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The General Authority for Statistics (GASTAT) has reported that the total number of passengers traveling through Saudi airports surpassed 128 million in 2024, marking a 15% increase compared to the previous year.
International Flight Passengers: Approximately 189,000 daily.
Air Cargo Growth
Total Cargo Volume: Reached 1.2 million tons, a 34% increase from 2023.
Peak Month: March, with 123,000 tons of cargo traffic.
Outbound Cargo: 64,000 tons
Inbound Cargo: 720,000 tons
Transit Cargo: 407,000 tons
Fleet Expansion
Total Aircraft: The Kingdom’s fleet reached 361, an 11% increase.
Commercial Aviation Fleet: 258 aircraft (12% increase), with 97 having a capacity of over 250 passengers.
General Aviation Fleet: 103 aircraft, marking a 7% increase.
GASTAT’s annual publication aims to provide comprehensive data and indicators on Saudi Arabia’s air transport system, highlighting growth in passenger movement, flights, and cargo operations. This reflects ongoing efforts to develop the air transport industry in the Kingdom.
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Saudi Arabia Emerges as the Largest Digital Economy in MENA
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Saudi Arabia has established itself as the largest digital economy in the Middle East and North Africa (MENA), valued at over SR495 billion, which accounts for 15% of the country’s gross domestic product (GDP).
This achievement aligns with the goals of Saudi Vision 2030 and was highlighted in a report coinciding with World Telecommunication and Information Society Day on May 17.
The telecommunications and information technology market is projected to grow by more than SR180 billion in 2024, fueled by increased private sector investments and innovation.
This growth reinforces Saudi Arabia’s status as the largest technology market in the Middle East.
The Kingdom is transitioning to a knowledge-based economy focused on innovation and investment in technology and human capital.
Over SR55 billion has been invested in artificial intelligence (AI) technologies and data centers, positioning Saudi Arabia as a regional hub for future industries.
The digital sector has generated over 381,000 quality jobs in technology.
Digital Governance Achievements
Saudi Arabia ranks sixth globally in the E-Government Development Index and fourth in the Digital Services Index.
Among G20 countries, it holds the second position and is first in the region.
Key sub-indicator rankings:
First globally in digital skills and open digital government.
Seventh worldwide in the E-Participation Index.
These developments reflect a significant shift in Saudi Arabia’s economic landscape, showcasing its commitment to accelerating income diversification through a smart economy.
The Kingdom’s advancements in digital governance and technology further solidify its position as a regional and global digital powerhouse.
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Hyundai Begins Building Manufacturing Plant in Saudi Arabia
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The project to manufacture Hyundai cars in Saudi Arabia has officially started at King Abdullah Economic City. This initiative marks the establishment of the first Hyundai manufacturing plant in the Middle East.
Joint Venture: The Hyundai Motor Manufacturing Middle East (HMMME) is a collaboration between Saudi Arabia’s Public Investment Fund (PIF) and South Korea’s Hyundai Motor Company.
Location: The plant is situated within the King Salman Automotive Cluster.
Production Goals
Annual Output: The facility is expected to produce approximately 50,000 vehicles per year, including both fuel-powered and electric vehicles.
First Vehicle Launch: The first Hyundai vehicle is slated to roll off the production line by the fourth quarter of 2026.
Ownership: PIF holds a 70% stake in HMMME, with Hyundai owning the remaining 30%.
Economic Impact
Yazeed A. Alhumied, Deputy Governor and Head of MENA Investments at PIF, stated that this project represents a significant milestone for the Saudi automotive industry.
He emphasized that PIF is committed to supporting the growth of Saudi Arabia’s automotive ecosystem through strategic partnerships.
Job Creation and Skills Development
The new manufacturing plant is expected to create thousands of jobs and facilitate knowledge transfer and skills development within the local workforce.
Local production of Hyundai vehicles is a significant advancement for Saudi Arabia’s manufacturing sector, especially as Hyundai’s market share in the Kingdom continues to grow, particularly in the mid- to upper-mid range segments.
Saudi Arabia already has an assembly facility for the premium Lucid electric vehicles, further indicating its commitment to expanding its automotive industry.
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