News

Based on ministry of justice registry data GaStat launches real estate index indicator On Monday 18 Rabe'a second 1438 H corresponding 16 January 2017, GaStat launched the Saudi real estate index indicator. This indicator is based on available registry data of the ministry of justice that is about real estate transactions in 2015 and 2016. GaStat described this indicator as an essential tool that supports entities which make economic and statistical decisions  associated with real estate price movements and future expectations during different periods of time. The indicator includes three main sectors composed of many real estate classes: residential sector ( piece of land, building, villa, apartment, and house) , commercial sector (piece of land, building, shop, and commercial center), and agricultural sector ( agricultural lands).  Real estate price index indicator showed a decrease in the Saudi real estate prices in 2016 compared to 2015 and 2014. The indicator registered a decrease of (6.1%) compared to 2015. Whereas it registered a decrease of (8.5%) compared to 2014. During the fourth quarter of 2016, this indicator recorded a decrease of ( 3.5%) compared to the previous quarter. However, it recorded a decrease of (8.7%) compared to the same quarter of 2015.  The report attributed the decrease in the fourth quarter of 2016 (compared to the previous quarter) to the decrease in all composing sectors: commercial sector (4.1%), residential sector (3.4%), and agricultural sector (0.3%).  On the other hand,  the decrease in the fourth quarter of 2016 (compared to the same quarter of 2015) to the decrease in all composing sectors: commercial sector (12.3%), residential sector (7.4%), and agricultural sector (1.1%).  GaStat indicated in a workshop ,held in " Restatex " exhibition in Dhahran city, that : as an official  reference of statistics and an organizer of statistical sector in Saudi Arabia, one of Gastat tasks is follow up the price movement of real estate composing units and record the values of their transactions all over Saudi Arabia. In addition to monitoring their changes from time to time through the new statistical product " real estate price index" which relies on the data provided by ministry of justice. This represents the integration and cooperation between the different government entities which aim at moving sustainable development forward.  GaStat also stated that the new statistical product aims at founding distinct real estate statistical indicators that measure the Saudi real estate market performance and fill the gap of data in this sector. It is considered an essential tool that supports entities which make economic decisions in this field. This product's data benefit those who are interested in the economic and statistical analysis of real estate prices and the future expectations during different periods of time. GaStat has issued a complete bulletin about this index and its details on its website. It is worth mentioning that GaStat has announced 45 new statistical products as a first stage of the new products  which included economic, social, demographic, Umrah , and labor market statistics.  In addition to energy, knowledge, environment, culture, sport, entertainment, safety, and security statistics. Download: Real Estate Price Index Q4 2016 (PDF)

As the Chairman of the Saudi Delegation in the ESCWA Ministrial Session Dr. Altekhaifi: the transition towards a knowledge-based society promotes sustainable development in the Kingdom H.E. Dr. Fahad Sulaiman Altekhaifi, GaStat President, assured that the Kingdom of Saudi Arabia has completed remarkable steps towards achieving the millennium goals of sustainable development and has developed a strategy for total development under the framework of its 2030 Vision. This came during the 29th ministerial session of ESCWA entitled "Implementing the Sustainable Development Goals of 2030 in Arab countries", held in Doha,Qatar. HE GaStat President chaired the Saudi delegation participating in this session. He clarified that the Kingdom has made deliberate steps towards achieving the goals of sustainable development, where all conditions are prepared to achieve its goals of growth rates, average income increasing, promote the transition towards a knowledge-based society. This can be made through multiple strategies such as those based on economic diversification, sovereign investment funds, support the private investment initiatives, invest in quality education, research and development, health facilities, public services, and international and regional agreements. He added that the entire government systems in the Kingdom works on increasing the development of national and regional institutions, and enhance coordination efforts, enhance the flexibility of public institutions in developing governance strategies. On Tuesday, The United Nations Economic and Social Commission for West Asia (ESCWA) held its 29th session for senior officials, in the presence of representatives from member states and non-member states in international and regional organizations and committees. ESCWA is one of the five United Nations' regional commissions, and is a part of its general secretariat. It works under the supervision of economic and social council in order to support the economic and social cooperation between the region countries and promotes the development process in order to achieve regional integration. Its membership compromises of 17 member states which are: Saudi Arabia, Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Palestine, Qatar, Sudan, Syria, UAE, Tunisia and Yemen.  The ESCWA ministerial session is held every two years with the participation of the commission member states representatives on the mistrial level and representatives from United Nations' organizations and programs in addition to United Nation member states who are not member of ESCWA.

Within the new bundle of cultural indicators  GaStat: 5,382 photographers work in 2,415 photography studios in Saudi Arabia On Sunday, 12 Rabī‘ al-awwal 1438 corresponding to December 11, 2016, GaStat issued its indicator about the number of photography studios and its workers from 2011 to 2015 in all administrative regions of the Kingdom which has reached 2415 studios with 5382 photographer and workers. The indicator issued by GaStat showed that Makkah region is in the lead by number of photography studios and its workers for the last five years. The number of studios in Makkah region has reached more than 802 in 2015, while Riyadh region is the second largest area after Makkah in the number of operators and photography studios which has reached more than 640 studios with more than 1400 worker in 2015. GaStat's spokesman Taiseer Almofarrej explained that the photography indicator is considered one of the most important cultural indicators, and it measures the changes in number of shops that photograph people, number of photographers, and number of workers annually. The indicator reflects the development in photography activity in different regions of the Kingdom. Almofarrej stressed that GaStat was keen to launch its indicator today to cope with the events of "colors of Saudi Arabia forum" to shed light on this activity. He also added that after the launch of any indicator, GaStat begin its assessment in order to develop the indicator with the collaboration of relevant entities. One of these indicators is the photography as one of the most important cultural indicators, in addition to the fact that photography field is one of the attractive fields to work in especially with the development of photography tools and the increasing demand on photographers, and the impact of images on media, art and culture particularly with the spread of social media. Knowing that the indicator does not include amateur photographers or who works independently as the indicator relies on record data from relevant entities.

Participating with 40 countries in the International Association for Official Statistics  (IAOS) conference Dr. Altekhaifi: GaStat works on enhancing the national and international collaborations to raise the data quality and support decision and policy makers GaStat participates in IAOS conference 2016 (round 15) Under the Patronage of H.H. Sheikh  Hazza bin Zayed Al Nahyan, Vice chairman of Abu Dhabi executive council. The conference is organized by Statistics Center in Abu Dhabi. The main theme of the IAOS 2016 conference is "The Spirit of Official Statistics: Partnership and Continuous Innovation". The conference activities will conclude on December- 8-2016.  Dr. fahad bin Sulaiman Altekhaifi, GaStat president, said that the authority keeps enhancing its experience and raising the data quality through an integrated program for all local, regional, and international collaborations, in addition to following the best international practices in order to provide comprehensive and high-quality statistical data that support policy and decision maker. He revealed that the strategic collaboration program is an essential part of the statistical sector' strategic transformation program in Saudi Arabia. GaStat worked on preparing a transformation map in the statistical work. This map included a number of projects and initiatives that cope with the 2020 national transformation program and 2030 Saudi vision. The statistical transformation project depended on three main dimensions; quality of statistical products, concentrating on clients, and activating the statistical sector. Using these three dimensions, GaStat went through six main tracks represented in reformulating the authority tendencies in a way that achieves the goals and  reflects the clients tendency, reevaluating the products and services provided by the authority, determining the required operating activities to provide products and services according to clients needs, enhancing the technical part in the authority, modifying culture and developing statistical awareness, in addition to assuring the existence of the organizational structure and the governance to make a transformation. Each track has a group of projects and initiatives that are integrated with each other, so that they can contribute in implementing the strategic transformation program. These projects and initiatives aim at activating the statistical part, evaluating the products and services, and developing methodologies, standards, and classifications. This can be achieved after preparing the authority administratively, financially,  technically, and systematically  to pursue in the transformation process. In addition to raising the statistical awareness and culture among all users of data, information, and statistics.  On the other hand, Dr. Fahad asserted that IAOS conference was held in a time, during which all GCC statistical entities work together to achieve the vision of the custodian of the two holly mosques that enhances integration between GCC countries, improves GCC statistical performance, and meets the leaders expectations. All GCC statistical entities work on supporting the integrated work especially the collaboration between them, so that they can deal with all GCC essential issues.   GaStat participation in this conference represents its belief in collaboration and how it develops the statistical work and raises awareness among all producers and users of data. Moreover, it identifies the importance of official statistics and how they support the developmental resolutions in the region.  Altekhaifi clarified that GaStat along with all GCC statistical entities are trying to enhance and develop the concept of official statistics so that they reach an excellent level of efficiency. Furthermore, they enhance the value of official statistics in the information community. They also enhance collaborations, innovation, and national statistical system update.  H.E. expressed his gratitude for the great hospitality of Abu Dhabi in this conference. It is the first country in the region that organizes an IAOS conference, as this conference is held every two years by one of the IAOS members. So, this assured the GCC statistical entities role in the region.  It is worth mentioning that the 15th round of the conference depends on four main aspects, about which all sessions are conducted. The aspects are: enhancing the value of official statistics in the information community, making collaborations to achieve results, innovation and updating national statistical systems, and following the main principals in the statistical work practice.