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Saudi Arabia Joins the Largest Arab Union of Iron Producers

Saudi Arabia’s Ministry of Human Resources and Social Development announced that it will issue a ban on working under the sun between noon and 3:00 p.m. from Wednesday (Shutterstock)
Saudi Arabia’s Ministry of Human Resources and Social Development announced that it will issue a ban on working under the sun between noon and 3:00 p.m. from Wednesday (Shutterstock)
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Saudi Arabia Joins the Largest Arab Union of Iron Producers

Saudi Arabia’s Ministry of Human Resources and Social Development announced that it will issue a ban on working under the sun between noon and 3:00 p.m. from Wednesday (Shutterstock)
Saudi Arabia’s Ministry of Human Resources and Social Development announced that it will issue a ban on working under the sun between noon and 3:00 p.m. from Wednesday (Shutterstock)

The National Committee for Steel Industry in the Council of Saudi Chambers has joined the largest Arab gathering of iron producers, the Saudi Press Agency reported.

Joining the Arab Iron & Steel Union enhances the Kingdom’s position in the sector, SPA reported, citing a statement from the committee.

Based in Algeria, the union is among the bodies approved by the League of Arab States and works to achieve Arab integration in the field of steel and iron industry.

Raed Al-Ajaji, Chairman of the National Committee for Steel Industry in the Council of Saudi Chambers, said that joining Arab Iron and Steel Union is a qualitative achievement.

According to al-Ajaji, iron and steel represent some of the most important strategic economic sectors, the backbone of the construction and development process in the Kingdom, and an essential element in the discussions and agenda of the G20 summit meetings.

Al-Ajaji explained that the membership would give access to the Arab database related to the steel industry, related reports, studies, and statistics.

Moreover, it influences the performance and trends of the steel sector in the region by allowing participation in market development programs and initiatives, communicating with experts, specialists, and industry giants, and joining work teams and expert committees in the field.

Al-Ajaji stressed the Committee's support for the efforts and activities of the Arab Iron and Steel Union, especially in terms of achieving economic integration, developing the steel industry in the region, and enhancing its competitiveness against foreign counterparts.

In other news, Saudi Arabia’s Ministry of Human Resources and Social Development announced that it will issue a ban on working under the sun between noon and 3:00 p.m. starting Wednesday.

The decision will go into effect on June 15 and continue until September 15, to safeguard the health and safety of workers during the hot summer months.

The ministry called on employers to outline working hours and implement the decision to limit injuries and diseases, and to also improve the productivity of employees.

Employees and employers can find more information on the procedures for worker health and vocational safety on the ministry’s website.

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Rise in Non-Oil Exports Strengthens Saudi Arabia’s Economic Diversification Efforts

King Abdulaziz Port in Dammam, east of Saudi Arabia (SPA) 
King Abdulaziz Port in Dammam, east of Saudi Arabia (SPA) 
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Rise in Non-Oil Exports Strengthens Saudi Arabia’s Economic Diversification Efforts

King Abdulaziz Port in Dammam, east of Saudi Arabia (SPA) 
King Abdulaziz Port in Dammam, east of Saudi Arabia (SPA) 

Saudi Arabia’s non-oil exports continued their upward trajectory, reflecting the Kingdom’s ongoing efforts to diversify its economy. According to data from the General Authority for Statistics (GASTAT), non-oil exports, including re-exports, grew by 10.7% in January, while excluding re-exports, they increased by 13.1%.

The International Trade Statistics Bulletin for January, published by GASTAT, reported a 2.4% growth in Saudi Arabia’s total merchandise exports compared to the same period last year. Meanwhile, oil exports saw a slight decline of 0.4% in January. The share of oil exports in total exports also dropped from 74.8% in January 2024 to 72.7% in January 2025.

This increase in non-oil exports is a positive indicator of the success of Saudi Arabia’s economic policies in diversifying income sources beyond oil, according to Dr. Abdullah Al-Jassar, a member of the Saudi Association for Energy Economics. Speaking to Asharq Al-Awsat, Al-Jassar emphasized that this growth did not happen by chance but was the result of a comprehensive strategy to develop the manufacturing sector, which has become a key driver of the non-oil economy. Notably, chemical industry products accounted for 23.7% of total non-oil exports.

He also highlighted that major improvements in logistics infrastructure, supported by the National Industrial Development and Logistics Program (NIDLP), have enhanced export efficiency and strengthened the connection between Saudi-made products and global markets—solidifying the Kingdom’s position as a key trade hub.

China: A Key Trade Partner

According to the latest data, China remains Saudi Arabia’s top trading partner, accounting for 15.2% of the Kingdom’s total exports, while imports from China made up 26.4% of total imports. This underscores Saudi Arabia’s strong presence in Asian trade, Al-Jassar noted.

Imports and Trade Surplus

Despite an 8.3% increase in imports, the trade surplus declined by 11.9%. However, Al-Jassar explained that this decline should be viewed within the broader context of Saudi Arabia’s structural economic transformation. The rise in imports is largely driven by an increase in production inputs that support industrial expansion rather than consumer goods.

Economic policy expert Ahmed Al-Shihri told Asharq Al-Awsat that the 10.7% growth in non-oil exports reflects the success of investments in industrial sectors, particularly the chemical industry, which accounted for 23.7% of non-oil exports. This growth indicates an improvement in production capacity and international competitiveness.

“The increase in non-oil exports is driven by enhancements in industrial infrastructure, government support for the private sector, and rising global demand for Saudi non-oil products. This shift reduces the Kingdom’s dependence on oil as the primary revenue source, making the economy more resilient to fluctuations in oil prices. Furthermore, the rise in the ratio of non-oil exports to imports—from 35.7% to 36.5%—suggests a healthier trade structure that supports long-term economic sustainability,” Al-Shihri added.

Vision 2030

Saudi Vision 2030 continues to drive non-oil sector growth through various initiatives, including enhancing local content, boosting exports, attracting foreign investments, and expanding economic and logistics zones. Al-Jassar believes that the continuation of these strategies will establish Saudi Arabia as an emerging export powerhouse in the coming years, further strengthening its global economic standing.