Monsha’at report spotlights notable progress in Saudi publishing industry

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Updated 18 December 2024
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Monsha’at report spotlights notable progress in Saudi publishing industry

Monsha’at, Saudi Arabia’s General Authority for Small and Medium Enterprises, has released its latest quarterly SME Monitor, which highlights recent developments in the Kingdom’s dynamic SME ecosystem, from an increase in commercial registrations to a special chapter on its burgeoning publishing industry, which now has over 500 local publishing houses bringing Saudi and other Arabic-language authors to new audiences. 

The report shows that since the launch of the Literature, Publishing, and Translation Commission in 2020, the Kingdom’s publishing industry has seen growth across a number of key metrics, from the number of publishing houses to the 2.2 million visitors that attended Saudi book fairs in 2023. Notably, the Riyadh Book Fair, the commission’s flagship event, featured works from 30+ countries and 2,000 publishing houses, helping attract over a million visitors and delivering $7.5 million in book sales. 

The chapter also highlights key initiatives by the commission to empower Saudi SMEs and entrepreneurs become better literary agents, forge literary partnerships with civil society and local cafés, learn and adopt best practices from international publishing houses, and develop better professional print and digital-facing publishing skills.

As a key enabler of the local publishing sector, efforts by Saudi Arabia’s Literature, Publishing and Translation Commission have been key to this progress, the report shows. “The commission has launched five business accelerators that have benefitted over a hundred SME projects whose average revenues increased by 20 percent and created 115 new permanent jobs,” said its CEO Dr. Mohammed Hasan Alwan. “Thanks to 54 public and private partnerships, the Kingdom has been able to attract regional and global publishing houses to the Saudi market to enrich local production, enable diverse experiences, and enhance the local market’s professionalism and competitiveness.”

In addition to its coverage of Saudi publishing trends, the latest SME Monitor also has a special section on global developments in the SME publishing space. These include new business models serving the more than 1 billion ebook consumers around the world, from the huge growth in digital, audiobooks, and direct-to-consumer subscription models to self-publishing and do-it-yourself models that SMEs stand to benefit from. 

In its survey of broader SME developments across Saudi Arabia, the report also reveals a notable uptick in commercial registrations in Q3 2024, a key indicator of the country’s robust entrepreneurial landscape. In addition to a quarter-over-quarter growth, the 135,909 new registrations marked a significant year-over-year increase. Almost half of these registrations came from female entrepreneurs, and nearly 40 percent were from young business owners, highlighting the extensive impact of the Kingdom’s diversification efforts.

Thanks to the variety of enablement, financing, franchising, innovation, and business development programs offered by Monsha’at, more than 25,000 Saudi SMEs also benefitted from the Kingdom’s chief SME enabler in Q3 2024, the report shows. Saudi Arabia’s VC funding ecosystem continued to lead MENA through the first three quarters of 2024, with $509 million deployed to Saudi-based startups over 104 deals in the first nine months of the year. 


Jameel Observatory-CREWSnet advances climate resilience in Bangladesh

Updated 20 January 2026
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Jameel Observatory-CREWSnet advances climate resilience in Bangladesh

The Jameel Observatory Climate Resilience Early Warning System Network, an initiative co-founded by the Massachusetts Institute of Technology and Community Jameel to reinvent climate change adaptation in vulnerable communities into a proactive, integrated and evidence-based process, announced the launch of its Adaptation Fortress initiative, transforming existing cyclone shelters and providing protection from heat waves in Bangladesh for the first time.
The first Adaptation Fortress is under construction in Satkhira district, southwest Bangladesh. If this pilot is successful, the initiative will open a pathway, with additional funding, to scaling up to 1,250 Adaptation Fortresses providing heatwave relief to half a million of the region’s most vulnerable residents.
More than 30 million people live in southwestern Bangladesh. Between 2019 and 2021, including in the midst of the COVID-19 pandemic, multiple cyclones hit the region, devastating land, homes and entire communities. The threats posed by climate change — rising sea levels and more extreme weather — mean that people living in this region are likely to face similar crises in the years ahead. In addition to cyclones, extreme heat is a growing threat, putting people at risk of dehydration and heatstroke. In 2024, the UN found that heat waves caused nationwide school closures for two weeks, with some schools closing for six to eight weeks due to the combined impact of heat waves and flooding.
In Bangladesh, the Jameel Observatory-CREWSnet has used its mid-century climate projections and analysis of local human systems to design a pilot for a multi-purpose, multi-objective structure called an Adaptation Fortress.
By engaging extensively with local communities, the Jameel Observatory-CREWSnet, which includes among its partners BRAC, a global nongovernmental organization established in Bangladesh, is demonstrating a new model of climate adaptation that repurposes schools that are also cyclone shelters to serve as sanctuaries during extreme heat events.
The climate resilient shelter model is the first of its kind in Bangladesh and serves as a blueprint for infrastructure development across South Asia. Designed to protect the most vulnerable community members during government-declared heat emergencies, Adaptation Fortresses feature solar power generation and battery backup systems to ensure the shelter is resilient to outages during extreme heat conditions. The site also includes rainwater harvesting capacity and is designed so that excess energy generated when air conditioning is not in use is made available for community use.
Mohammed Abdul Latif Jameel KBE, founder and chairman of Community Jameel, said: “The Jameel Observatory-CREWSnet’s construction of this first pilot Adaptation Fortress marks a milestone for Bangladesh and the region. It lays the foundation for a proactive response to cyclones and heat stress — emergencies that the team has projected will become frequent events, threatening the lives of millions in Bangladesh. By adapting infrastructure today, we are building the resilience needed for tomorrow.”
Professor Elfatih Eltahir, lead principal investigator of the Jameel Observatory-CREWSnet, said: “Bangladesh built a vast network of cyclone shelters that have been effective in protecting vulnerable populations. For the first time the Jameel Observatory-CREWSnet is introducing the concept of shelter from heat waves as well as cyclones in southwest Bangladesh. This integrated and proactive initiative will significantly improve climate resilience in a region with some of the highest risks from climate change.”
Dr. Deborah Campbell, executive director of the Jameel Observatory-CREWSnet, said: “Bangladesh is getting hotter and will experience more frequent and severe heat waves, leaving many people very vulnerable to heat stress and lacking the resources to adapt. The Adaptation Fortress initiative will provide shelter for the most vulnerable community members in southwest Bangladesh and has the potential to serve as a model for similar proactive climate resilience infrastructure development across Bangladesh and South Asia.”
Dr. Md Liakath Ali, principal investigator of the Jameel Observatory-CREWSnet at BRAC, said: “BRAC is proud to partner with the Jameel Observatory-CREWSnet in pioneering the Adaptation Fortress initiative, an important step toward protecting vulnerable communities from the growing risks of extreme heat in coastal Bangladesh. By transforming existing cyclone shelters into multi-purpose, climate-resilient infrastructure, we are demonstrating how locally grounded solutions can address emerging climate hazards while strengthening community well-being. Alongside the pilot, we are committed to engaging policy makers so that future heat and climate risks are integrated into national planning processes. The lessons from this initiative will not only support communities in the southwest, but also inform long-term, scalable strategies for resilience across the country.”