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Saudi Economy and Planning, Education Ministries Sign MoU to Strengthen Collaboration

The MoU was signed by Minister of Economy and Planning Faisal Alibrahim and Minister of Education Yousef Al-Benyan - SPA
The MoU was signed by Minister of Economy and Planning Faisal Alibrahim and Minister of Education Yousef Al-Benyan - SPA
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Saudi Economy and Planning, Education Ministries Sign MoU to Strengthen Collaboration

The MoU was signed by Minister of Economy and Planning Faisal Alibrahim and Minister of Education Yousef Al-Benyan - SPA
The MoU was signed by Minister of Economy and Planning Faisal Alibrahim and Minister of Education Yousef Al-Benyan - SPA

The Ministry of Economy and Planning signed a memorandum of understanding with the Ministry of Education to integrate economy concepts into school curricula and educate students about the importance of economics and public policy to meet the requirements of the labor market.
The memorandum, signed by Minister of Economy and Planning Faisal Alibrahim and Minister of Education Yousef Al-Benyan, establishes a framework for joint efforts across various areas.
It aims to attract scholarship students and graduates according to the needs and requirements of the Ministry of Economy and Planning, which will provide supplementary educational resources to support the curriculum integration efforts.

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GASTAT: Saudi Industrial Production Index Increases by 3.4% in November 2024

GASTAT publishes the IPI monthly. SPA
GASTAT publishes the IPI monthly. SPA
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GASTAT: Saudi Industrial Production Index Increases by 3.4% in November 2024

GASTAT publishes the IPI monthly. SPA
GASTAT publishes the IPI monthly. SPA

Saudi Arabia’s General Authority for Statistics (GASTAT) said Thursday that the Industrial Production Index (IPI) statistics for November 2024 showed a 3.4% increase compared to the same month of the previous year.

This increase is driven by growth in mining and quarrying, manufacturing, water supply, sewerage, and waste management and remediation activities, GASTAT said.

Furthermore, the sub-index of mining and quarrying activity increased by 1.2%, and the sub-index of manufacturing activity increased by 7.2%.

The sub-index of electricity, gas, steam, and air conditioning supply activity recorded a decrease of 2.1%, and the sub-index of water supply, sewerage and waste management and remediation activities increased by 10.5%.

The IPI by main economic activities increased by 3.8% compared to the same month of the previous year, while the index of non-oil activities also increased by 2.4%.

GASTAT publishes the IPI monthly. It is an economic indicator that reflects the relative changes in the volume of industrial output. It is calculated based on the industrial production survey.