logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Kingdom strengthens national data systems, climbs 22 places in global ranking

Kingdom strengthens national data systems, climbs 22 places in global ranking

GHADA.ISMAIL
Apr 28, 2025
Faisal Al-Ibrahim stresses importance of data transparency and innovation in accelerating economic and social reforms

Riyadh – Sharikat Mubasher: Faisal Al-Ibrahim, Saudi Arabia’s Minister of Economy and Planning and Chairman of the General Authority for Statistics, emphasized the vital role of transparency in supporting evidence-based decision-making.

Speaking at the first Saudi Statistics Forum on Sunday, held as the Kingdom marks 65 years of official statistical work, Al-Ibrahim noted that the need for accurate data has become even more pressing amid global challenges and crises.

He highlighted the progress of Saudi Arabia’s statistical sector, which has evolved over six decades to reach a new level of maturity, marked by improved data quality and statistical precision.

Thanks to strong government backing, Saudi Arabia now ranks first among Arab countries in the Statistical Performance Index, climbing 22 places globally in 2023. Al-Ibrahim said this achievement reflects the Kingdom's commitment to advancing the quality and reliability of its economic, social, and environmental indicators, making its data a trusted resource for policymakers.

He underlined the government’s ongoing efforts to further develop data platforms, boost digital transformation, and leverage administrative data, artificial intelligence, and modern technologies to improve efficiency, indicator accuracy, and access to information.

Al-Ibrahim also noted that Saudi Arabia is increasingly emerging as a global platform to showcase its statistical achievements and share its success stories with the international community, contributing to faster development and a greater positive impact both locally and internationally.

The minister added that Saudi Arabia is making steady progress toward the goals of Vision 2030, achieving qualitative milestones while building influential institutions and sustainable capabilities.

He concluded by announcing that Saudi Arabia, represented by the General Authority for Statistics, will host the Sixth United Nations World Data Forum in Riyadh in November 2026. This milestone, he said, reflects the Kingdom’s growing leadership in the field of statistics and its commitment to aligning with global economic transformations while playing a central role in shaping future international dialogues.

Tags

Saudi Statistics Forum
digital transformation
AI
Share

Attract clients with your ad

Start Now

Trending

Khazna secures consumer finance license through Pharos acquisition
MUBASHER
OIA leads international alliance to launch $500m investment fund
MUBASHER
Ghanem secures additional $1.5mn to expand fractional real estate ownership
Riyadh – Sharikat Mubasher: Ghanem, a Saudi digital real estate platform specializing in fractional ownership, announced it has raised an additional $1.5 million in a pre-seed extension, bringing its total funding to $8.6 million.As per a recent press release by the company, this extension attracted real estate companies and strategic angel investors, adding their collateral expertise to support the development of the fractional ownership platform in the Kingdom.The latest funding follows an initial $7.1 million round secured from Al-Romaih Group, a Saudi investment group with experience in real estate and financial services. Ghanem operates under the regulatory oversight of the Real Estate General Authority’s (REGA) Regulatory Sandbox.The company said it has completed several property transactions and maintained monthly rental income distributions to investors. Its first income-generating property offering resulted in digital fractional ownership deeds being issued to 580 investors.Ghanem plans to continue developing its product, diversifying its property investment opportunities and building partnerships to expand fractional real estate ownership in Saudi Arabia.
MINT by EGBANK startups attract $4mn in investments in 2025
MUBASHER
INVE secures $300K in pre-seed funding from Outliers Venture Capital
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Oct 22, 2026
Ziina obtains CBUAE licenses across payments, stored value, exchange
Read More
Private Equities News
Calendar Icon
Oct 22, 2026
HUMAIN, DataVolt sign deal with Nebius to advance NEOM’s Oxagon AI infrastructure
Read More
Private Equities News
Calendar Icon
Oct 21, 2026
Flat6Labs, Idealab.ai partner to bring 1.2 million business ideas to entrepreneurs
Read More
Private Equities News
Calendar Icon
Oct 21, 2026
QSTP, Microsoft partner to support Qatar startups with AI tools
Read More
Private Equities News
Calendar Icon
Oct 20, 2026
OIC approves Saudi proposal to establish Cybersecurity Ministers Council in Riyadh
Read More
Private Equities News
Calendar Icon
Oct 20, 2026
FII Institute postpones FII10 conference to 2027
Read More
Private Equities News
Calendar Icon
Oct 19, 2026
NearPay SoftPOS obtains Jaywan Contactless L2 approval
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher