Saudi Govt. Bodies to Deploy Int’l Foreign Expertise

The General Authority for Statistics (GASTAT) appoints Dr. Konrad Pesendorfer as president to transform it into a world-class Statistical Authority. Asharq Al-Awsat Arabic
The General Authority for Statistics (GASTAT) appoints Dr. Konrad Pesendorfer as president to transform it into a world-class Statistical Authority. Asharq Al-Awsat Arabic
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Saudi Govt. Bodies to Deploy Int’l Foreign Expertise

The General Authority for Statistics (GASTAT) appoints Dr. Konrad Pesendorfer as president to transform it into a world-class Statistical Authority. Asharq Al-Awsat Arabic
The General Authority for Statistics (GASTAT) appoints Dr. Konrad Pesendorfer as president to transform it into a world-class Statistical Authority. Asharq Al-Awsat Arabic

Saudi Arabia intends to benefit from foreign expertise on the level of government bodies in an effort to develop government performance and upscale it to advanced levels.

The General Authority for Statistics (GASTAT) announced in an official statement that the Board of Directors, under the chairmanship of Finance Minister Mohammed al-Jadaan, appointed Dr. Konrad Pesendorfer as president of the General Authority for Statistics.

According to GASTAT, Dr. Konrad will be working alongside with GASTAT’s team of national caliber to improve and oversee the statistical work, and to achieve GASTAT’s transformation goals by turning it into a world-class Statistical Authority capable of fulfilling its roles and functions like its counterparts of the G20 countries; by adopting the best international practices used at the Organization for Economic Cooperation and Development (OECD).

This decision by GASTAT’s Board of Directors is to stress on efforts made towards achieving The National Strategy for Statistical Development that was approved by the Cabinet of Ministers in 2019.

This strategy seeks to develop and enhance the statistical work in Saudi Arabia, and ensure its sustainability in providing accurate statistical data at the right time that can be available to researchers, decision makers, and investors.

This will achieve the collaboration that is compatible with the data and information policies in Saudi Arabia that attains a high level of transparency and integration, and fulfills all efforts related to the statistical field.

Pesendorfer was appointed as GASTAT’s president after he worked as an acting president since last January. His appointment is comparable to other international appointments that have achieved remarkable success. He is one of the world’s prominent experts in managing statistical organizations.

Dr. Konrad was the director general of Statistics Austria from 2010 until 2019 and represented Austria in the European Statistical System Committee (ESSC), the top decision-making body of the European Statistical System, where the heads of European Statistical Institutes and Eurostat gather regularly.

He was also appointed as the Chairman of the Committee for Statistics and Statistical Policy of the Organization for Economic Cooperation and Development (OECD) in 2016.

Pesendorfer was also the co-chair of the Board of Directors of the International Comparison Program of the United Nations and the World Bank (with India), and Counselor to the Executive Board of the European Central Bank in Frankfurt before.

Dr. Konrad holds PhD in economics from the Vienna University of Economics and Business Administration. In addition, he was lecturer on international economics at the H.E.C. Business School in Paris and at the Institut d’Etudes Politiques de Paris (Sciences Po) in Paris.

The appointment of Dr. Konrad for this position is consistent with other international experiences in enhancing the statistical work and attracting international experts, like the appointment of New Zealand’s former government statistician Leonard Warren Cook as director of the National Statistics Office in the United Kingdom and the appointment of Mark Carney as the governor of the British Central Bank in 2008.

This illustrates that experience exchange practices used worldwide are effective in closing the knowledge gap and bringing outstanding experiences.

With its G20 presidency, Saudi Arabia aims to achieve strategic goals in developing its economic and developmental system in order to strengthen its position among top economies in the world.

The GASTAT, within the National Strategy for Statistical Development framework will work to link between different government and private entities, to develop national human capital at all levels, and to improve the technical environment supporting statistical work.

GASTAT will also adopt the best global experiences that will contribute to achieving the maturity if statistical data sector; and will work jointly with national universities and relevant educational institutions to build a specialized statistical generation through training national caliber who will lead the statistical work in the Kingdom in future.



Aljadaan: Emerging Markets Account for 70% of Global Growth

Al-Jadaan speaking to the attendees at the "AlUla Conference for Emerging Market Economies" (Asharq Al-Awsat
Al-Jadaan speaking to the attendees at the "AlUla Conference for Emerging Market Economies" (Asharq Al-Awsat
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Aljadaan: Emerging Markets Account for 70% of Global Growth

Al-Jadaan speaking to the attendees at the "AlUla Conference for Emerging Market Economies" (Asharq Al-Awsat
Al-Jadaan speaking to the attendees at the "AlUla Conference for Emerging Market Economies" (Asharq Al-Awsat

Saudi Minister of Finance Mohammed Aljadaan stressed Sunday that the world economy is going through a “profound transition,” saying emerging markets and developing economies now account for nearly 60 percent of the global Gross Domestic Product (GDP) in purchasing power terms and over 70 percent of global growth.

In his opening remarks at the AlUla Conference for Emerging Market Economies, organized by the Saudi Ministry of Finance and the IMF in AlUla, the minister said these economies have become an increasingly important driver of global growth with their share of global economy more than doubling since 2010.

“Today, the 10 emerging economies in the G20 alone account for more than half of the world growth. Yet, they face a more complex and fragmented environment, elevated debt levels, slower trade growth and increasing exposure to geopolitical shocks.”

“Unfortunately, more than half of low income countries are either in or at the risk of debt distress. At the same time global trade growth has slowed at around half of what it was pre the pandemic,” Aljadaan added.

The Finance Minister stressed that the Saudi experience over the past decade has reinforced three lessons that may be relevant to the discussions at the two-day conference, which brings together a select group of ministers and central bank governors, leaders of international organizations, leading investors and academics.

“First, macroeconomic stability is not the enemy of growth. It is actually the foundation,” he said.

“Structural reforms deliver results only when institutions deliver. So there is no point of reforming ... if the institutions are unable to deliver,” he stated.

Finally, he said that “international cooperation matters more, not less, in a fragmented world.”


Georgieva from AlUla: Growth Still Lacks Pre-pandemic Levels

Kristalina Georgieva speaking to attendees at the second edition of the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat)
Kristalina Georgieva speaking to attendees at the second edition of the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat)
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Georgieva from AlUla: Growth Still Lacks Pre-pandemic Levels

Kristalina Georgieva speaking to attendees at the second edition of the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat)
Kristalina Georgieva speaking to attendees at the second edition of the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat)

International Monetary Fund (IMF) Managing Director Kristalina Georgieva said Sunday that world growth still lacks pre-pandemic levels, expressing concern as she expected more shocks amid high spending and rising debt levels in many countries.

Georgieva spoke at the AlUla Conference for Emerging Market Economies, organized by the Saudi Ministry of Finance and the IMF in AlUla.

The two-day conference brings together a select group of ministers and central bank governors, leaders of international organizations, leading investors and academics to deliberate on policies to global stability, prosperity, and multilateral collaboration.

Georgieva said that the conference was launched last year in recognition of the growing role of emerging market economies in a world of sweeping transformations.

“I came out of this gathering .... With a sense of hope for the pragmatic attitude and determination to pursue good policies and build strong institutions,” she said.

Georgieva stressed that “good policies pay off,” and said that growth rates across emerging economies reached four percent this year, exceeding by a large margin those of advanced economies that are around 1.5 percent.


Saudi Arabia’s flynas, Syrian Civil Aviation Authority Partner to Launch 'flynas Syria'

The new airline will operate commercial air transport services in accordance with approved regulations and standards (flynas)
The new airline will operate commercial air transport services in accordance with approved regulations and standards (flynas)
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Saudi Arabia’s flynas, Syrian Civil Aviation Authority Partner to Launch 'flynas Syria'

The new airline will operate commercial air transport services in accordance with approved regulations and standards (flynas)
The new airline will operate commercial air transport services in accordance with approved regulations and standards (flynas)

Saudi budget carrier flynas has signed an agreement with the Syrian General Authority of Civil Aviation and Air Transport to establish a new commercial airline under the name "flynas Syria," with operations scheduled to begin in the fourth quarter of 2026.

Saturday’s agreement comes within the framework of bilateral cooperation between Saudi Arabia and Syria, as well as the strategic investment agreements between the two countries, coordinated with the Saudi Ministry of Investment and the Syrian General Authority of Civil Aviation and Air Transport.

The new airline will operate commercial air transport services in accordance with approved regulations and standards, meeting the highest safety and aviation security requirements. All licensing and operational procedures will be completed in coordination with the relevant authorities.

The carrier will be established as a joint venture, with 51% ownership held by the Syrian General Authority of Civil Aviation and Air Transport and 49% by flynas.

The new airline will operate flights to several destinations across the Middle East, Africa, and Europe. This expansion aims to bolster air traffic to and from Syria, enhance regional and international connectivity, and meet growing demand for air travel.

"This step is part of our commitment to supporting high-quality cross-border investments. The aviation sector is a key enabler of economic development, and the establishment of 'flynas Syria' serves as a model for constructive investment cooperation,” said Saudi Minister of Investment Khalid Al-Falih.

“This partnership enhances economic integration and market connectivity and supports development goals by advancing air transport infrastructure, ultimately serving the mutual interests of both nations and promoting regional economic stability,” he added.

President of the Syrian General Authority of Civil Aviation and Air Transport Omar Hosari also stated that the establishment of flynas Syria represents a strategic step within a comprehensive national vision aimed at rebuilding and developing Syria's civil aviation sector on modern economic and regulatory foundations.

“This will be achieved while balancing safety requirements, operational sustainability, investment stimulation, and passenger services. The partnership reflects the state's orientation toward smart cooperation models with trusted regional partners, ensuring the transfer of expertise, the development of national capabilities, and the enhancement of Syria's air connectivity with regional and international destinations, in line with global best practices in the air transport industry."

flynas Chairman Ayed Al-Jeaid stated that the company continues to pursue strategies aimed at growth and international expansion, describing the agreement as a historic milestone in the company's journey and a promising investment model in partnership with Syria.

flynas CEO Bander Al-mohanna said the step represents a qualitative leap in the company's strategy and financial performance, highlighting the transfer of the company's low-cost aviation experience to the Syrian market to support regional and international air connectivity.

flynas currently operates 23 weekly flights from Riyadh, Jeddah, and Dammam to Damascus, including two daily direct flights from Riyadh, one daily flight from Jeddah, and two weekly flights from Dammam.

The airline made history on June 5, 2025, by adding the Syrian capital to its network, becoming the first Saudi carrier to resume scheduled flights to Damascus.