Data Saudi will be the unified platform for the Kingdom’s socioeconomic data

Abdulaziz Azzouqa, adviser and head of digital transformation at the Ministry of Economy and Planning, speaking to Arab News.
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Updated 01 November 2023
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Data Saudi will be the unified platform for the Kingdom’s socioeconomic data

RIYADH: The Data Saudi platform, launched by the Ministry of Economy and Planning, will include comprehensive social and economic data as the Kingdom embarks on an economic diversification journey, said a representative of the Ministry of Economy and Planning.

In an interview with Arab News, Abdulaziz Azzouqa, adviser and head of digital transformation at the Ministry of Economy and Planning, said that the Data Saudi platform is a unified platform that consolidates socio-economic data from various official sources, and transforms the data to easy to understand stories, ultimately empowering decision makers to make informed decisions. 

“We are definitely covering and expanding on data across diverse economic sectors, and it is one of the critical objectives of Data Saudi. We are currently analyzing over 20 sectors based on the ISIC classification, and we are looking at over 30 dimensions across the sectors to really enable decision-makers to infer deeper insights into these sectors,” said Azzouqa. 

He added: “So, yes, this is definitely an objective. And in the coming months and upcoming releases, you will see much more detailed data across diverse economic sectors.” 

Saudi Arabia’s Ministry of Economy and Planning launched the Data Saudi platform in September 2023 with the aim of creating a consolidated reference for Saudi socioeconomic data. 

He revealed that the Data Saudi platform which is available now is just the “tip of the iceberg,” as the ministry is planning to expand data coverage and roll out more features.

“We’re planning to expand the platform on multiple fronts, starting with expanding the national and regional indicators beyond what’s there already on the platform. We’re looking to incorporate bilateral indicators of over 200 countries,” he said.

Azzouqa added: “We’re looking to include further data and details on the diverse economic sectors. Also, one of the features we are really excited about is to enable users with additional visualization features, and essentially empower them to build additional visualizations on the platform. There’s much more to come, so stay tuned.” 

According to Azzouqa, the Data Saudi platform seeks to facilitate access to socioeconomic and sectoral data and enhance the transparency of information regarding the national economy in line with the goals outlined in Saudi Vision 2030.

“The objective of Data Saudi is to enable transparency when it comes to Saudi socioeconomic data. We want to cover the key sectors. In line with Vision 2030, we want to make sure that we cater to everyone; all the different types of decision-makers, whether they’re, business owners, investors, entrepreneurs or government officials,” he said. 

Azzouqa added that the Data Saudi platform will play a crucial role in materializing the goals outlined in Saudi Arabia’s Vision 2030. 

“The aspirations of the Kingdom with Vision 2030 is to become a leading data-driven economy and to be among the top ten global ranking digital governments. One of the success factors in achieving these aspirations is open government, where open data is leveraged to enhance participation and to enhance transparency,” said Azzouqa. 

He added that one of the critical objectives of Vision 2030 is enhancing and assuring transparency, as Saudi Arabia is currently on a path of economic diversification. 

Azzouqa further noted that the Data Saudi platform may also consider including data from third-party sources including publications, but currently, the platform will be releasing data consolidated by the Ministry. 

He added that the Data Saudi platform has economic and social indicators of Saudi Arabia at the national and regional levels, which includes, indicators on the Kingdom’s gross domestic product, inflation, international trade, employment indicators, housing, population indicators etc. 

The official revealed that the Data Saudi platform is designed in such a manner that the information available will provide the user with historical data of the economic indicators which will help them compare the figures easily to make decisions. 

“So what you can essentially do with any indicator; you have the visualization where you can slice and dice the data or look at the data from different perspectives based on the available dimensions. So, for example, I can look at the GDP on a quarterly basis, or on an annual basis by a simple click of a button, and the chart transitions with a nice animation effect,” said Azzouqa. 

He added: “You can download the data in various formats, including Excel and JSON (Javascript). You can also browse underlying data online. We also have the link to the actual source of the data, so you know exactly where the data is coming from.” 

Azzouqa added that Data Saudi is built on a mix of robust open-source technologies and modern web technologies, which provide users with all types of visualizations including line charts, bar charts, hierarchies, maps etc. 

“The site is also responsive-designed, meaning that you can use and access the site through any device and with any screen size or aspect ratio that essentially adapts to that size and to deliver the optimal user experience,” he said. 

He added: “We’re definitely going to expand the datasets on a continuous basis. We have a pretty aggressive roadmap and we are going to definitely release these features in phases in the coming months. So we are continuing to explore features and data sets. It’s an ongoing journey and we’ll never stop.” 

Azzouqa went on and concluded that the current focus of the Ministry of Economy and Planning is to further develop Data Saudi which will contribute to the realization of Vision 2030’s main objective of enabling the growth and diversification of the economy.


Arab food and beverage sector draws $22bn in foreign investment over 2 decades: Dhaman 

Updated 28 December 2025
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Arab food and beverage sector draws $22bn in foreign investment over 2 decades: Dhaman 

JEDDAH: Foreign investors committed about $22 billion to the Arab region’s food and beverage sector over the past two decades, backing 516 projects that generated roughly 93,000 jobs, according to a new sectoral report. 

In its third food and beverage industry study for 2025, the Arab Investment and Export Credit Guarantee Corp., known as Dhaman, said the bulk of investment flowed to a handful of markets. Egypt, Saudi Arabia, the UAE, Morocco and Qatar attracted 421 projects — about 82 percent of the total — with capital expenditure exceeding $17 billion, or nearly four-fifths of overall investment. 

Projects in those five countries accounted for around 71,000 jobs, representing 76 percent of total employment created by foreign direct investment in the sector over the 2003–2024 period, the report said, according to figures carried by the Kuwait News Agency. 

“The US has been the region's top food and beverage investor over the past 22 years with 74 projects or 14 projects of the total, and Capex of approximately $4 billion or 18 percent of the total, creating more than 14,000 jobs,” KUNA reported. 

Investment was also concentrated among a small group of multinational players. The sector’s top 10 foreign investors accounted for roughly 15 percent of projects, 32 percent of capital expenditure and 29 percent of newly created jobs.  

Swiss food group Nestlé led in project count with 14 initiatives, while Ukrainian agribusiness firm NIBULON topped capital spending and job creation, investing $2 billion and generating around 6,000 jobs. 

At the inter-Arab investment level, the report noted that 12 Arab countries invested in 108 projects, accounting for about 21 percent of total FDI projects in the sector over the past 22 years. These initiatives, carried out by 65 companies, involved $6.5 billion in capital expenditure, representing 30 percent of total FDI, and generated nearly 28,000 jobs. 

The UAE led inter-Arab investments, accounting for 45 percent of total projects and 58 percent of total capital expenditure, the report added, according to KUNA. 

The report also noted that the UAE, Saudi Arabia, Egypt, and Qatar topped the Arab ranking as the most attractive countries for investment in the sector in 2024, followed by Oman, Bahrain, Algeria, Morocco, and Kuwait. 

Looking ahead, Dhaman expects consumer demand to continue rising. Food and non-alcoholic beverage sales across 16 Arab countries are projected to increase 8.6 percent to more than $430 billion by the end of 2025, equivalent to 4.2 percent of global sales, before exceeding $560 billion by 2029. 

Sales are expected to remain highly concentrated geographically, with Egypt, Saudi Arabia, Algeria, the UAE and Iraq accounting for about 77 percent of the regional total. By product category, meat and poultry are forecast to lead with sales of about $106 billion, followed by cereals, pasta and baked goods at roughly $63 billion. 

Average annual per capita spending on food and non-alcoholic beverages in the region is projected to rise 7.2 percent to more than $1,845 by the end of 2025, approaching the global average, and to reach about $2,255 by 2029. Household spending on these products is expected to represent 25.8 percent of total expenditure in 13 Arab countries, above the global average of 24.2 percent. 

Arab external trade in food and beverages grew more than 15 percent in 2024 to $195 billion, with exports rising 18 percent to $56 billion and imports increasing 14 percent to $139 billion. Brazil was the largest foreign supplier to the region, exporting $16.5 billion worth of products, while Saudi Arabia ranked as the top Arab exporter at $6.6 billion.