INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

Mining, quarrying push Saudi Arabia’s IPI up 6.8% in Jan 2023

Developing the mining sector is part of SaudiVision2030.
  • The kingdom's General Authority for Statistics said the mining and quarrying activity increased by 3 percent year on year.
  • The manufacturing activity increased by 19.2 percent, while the electricity and gas supply activity decreased by 3.4 percent.

Riyadh, Saudi Arabia — Saudi Arabia’s Industrial Production Index increased by 6.8 percent in Jan 2023, compared to Jan 2022, mainly due to the increase in mining, quarrying manufacturing activities.

A monthly bulletin by the General Authority for Statistics said the mining and quarrying activity increased by 3 percent year on year, the manufacturing activity increased by 19.2 percent, while the electricity and gas supply activity decreased by 3.4 percent.

GASTAT issues a number of statistical products related to industry, including the Industrial Production Index, which is an economic indicator that reflects the relative changes and development in the volume of industrial production.

This is based on data of the Industrial Production Survey, which is implemented monthly and targets industrial establishments in mining and quarrying, manufacturing activity, and electricity and gas supply sectors.