Latest news with #AmCham
Korea Herald
16-07-2025
- Business
- Korea Herald
AmCham spotlights AI-era cyber risks, calls for Korea-US cooperation
The American Chamber of Commerce in Korea hosted its first Cybersecurity Seminar on Wednesday under the theme 'Cybersecurity as National Security: Global Trends & Industry Lessons,' bringing together senior Korean and US government officials, global business leaders and cybersecurity experts in Seoul. The event underscored the growing importance of cybersecurity in national and economic security amid escalating AI-driven threats and global digital transformation. In his opening remarks, James Kim, AmCham chairman and CEO, stressed that cybersecurity must be seen as a cornerstone of national resilience. 'If a highly structured company like SK Telecom can be breached, it shows no organization is completely safe,' he warned. Korean lawmakers and senior officials — including National Assembly Vice Chair Choi Hyung-du, Ministry of Science and ICT Director General Choi Woo-hyuk, and FBI Legal Attache at the US Embassy Justin Chang — emphasized the urgency of public-private and international cooperation. 'Cybersecurity threats are no longer confined to the corporate domain,' said Choi. 'They now pose real risks to national infrastructure and public safety.' Keynote speakers included Simon Green, APAC President at Palo Alto Networks, and Lee Ki-joo, Chairman of Korea's CISO Council, who both urged organizations to adopt integrated, AI-ready cybersecurity strategies. 'AI technology has advanced ways of cyber attacks overall. We must rebuild strategies on cybersecurity,' Green stated during his speech. 'Our imperative is to secure AI by design, enabling organizations to innovate bravely and securely in this new era.' A panel moderated by Professor Kwon Hun-yeong from Korea University addressed the evolution of cyber risks across telecom, finance, and energy sectors, calling for cross-border data sharing and executive-level accountability. The seminar reaffirmed AmCham's role in promoting US–Korea tech cooperation and advancing a secure digital business environment.
Zawya
09-07-2025
- Business
- Zawya
Government pushes mining sector reforms to attract global investment: Egypt's minister
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, affirmed that transforming the Egyptian Mineral Resources Authority (EMRA) into an economic authority will provide it with the necessary tools and capabilities for sectoral development. The transformation, he said, will also facilitate key geological and seismic studies to attract investment by highlighting the country's mining potential. He noted that several ongoing projects are currently focused on conducting aerial and seismic surveys to map mineral resources across Egypt. These efforts form part of a broader national strategy to drive a qualitative shift in the mining sector. Badawi made these remarks during a meeting with members of the American Chamber of Commerce's Mining Committee in Egypt. The meeting was attended by Deputy Minister Moataz Atef, representatives from the Ministry's technical office, and the official spokesperson. The AmCham delegation included Hoda Mansour, Vice President of AngloGold Ashanti; Sherif Barakat, Co-Chair of the Mining Committee and General Manager of Aton Mining; Mostafa El Gebaly, Co-Chair of the Committee and Managing Director of Abu Zaabal Fertilizers and Chemicals; Silvia Menassa, CEO of AmCham Egypt; Dina Nawar, Chief Operating Officer at AmCham; Heba Raslan, Partner at Sharkawy & Sarhan Law Firm; Omar Shawky, Managing Partner at Forvis Mazars Mostafa Shawki; and Nouran El Gohary, Committee Coordinator at AmCham. The Minister emphasised the growing global importance of the mining industry and reaffirmed the Egyptian government's commitment to developing this promising sector. He stressed the country's aim to attract leading international mining firms and position Egypt as a key player in the global mining landscape. The Ministry, he added, is working to expand mining activities and maximise value-added outputs to deliver stronger economic returns to the state. Badawi also praised the longstanding strategic partnership between Egypt's petroleum sector and the American Chamber of Commerce, commending the Chamber's role in encouraging US investment in Egypt. He asserted that this is the ideal time for foreign companies to invest in the country's mining sector. For their part, the AmCham delegation welcomed the government's continued support for mining sector development, particularly the reform of mining agreements and EMRA's restructuring. These steps, they said, are enhancing investor confidence and making Egypt more attractive to global mining companies. The delegation also referenced their recent visit to Washington, D.C., where they observed considerable interest from the US administration in Egypt's mining reforms. They noted a growing push to encourage American companies to explore opportunities in Egypt, especially in critical and rare earth minerals and strategic mining projects. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
Daily News Egypt
08-07-2025
- Business
- Daily News Egypt
Government pushes mining sector reforms to attract global investment: Petroleum Minister
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, affirmed that transforming the Egyptian Mineral Resources Authority (EMRA) into an economic authority will provide it with the necessary tools and capabilities for sectoral development. The transformation, he said, will also facilitate key geological and seismic studies to attract investment by highlighting the country's mining potential. He noted that several ongoing projects are currently focused on conducting aerial and seismic surveys to map mineral resources across Egypt. These efforts form part of a broader national strategy to drive a qualitative shift in the mining sector. Badawi made these remarks during a meeting with members of the American Chamber of Commerce's Mining Committee in Egypt. The meeting was attended by Deputy Minister Moataz Atef, representatives from the Ministry's technical office, and the official spokesperson. The AmCham delegation included Hoda Mansour, Vice President of AngloGold Ashanti; Sherif Barakat, Co-Chair of the Mining Committee and General Manager of Aton Mining; Mostafa El Gebaly, Co-Chair of the Committee and Managing Director of Abu Zaabal Fertilizers and Chemicals; Silvia Menassa, CEO of AmCham Egypt; Dina Nawar, Chief Operating Officer at AmCham; Heba Raslan, Partner at Sharkawy & Sarhan Law Firm; Omar Shawky, Managing Partner at Forvis Mazars Mostafa Shawki; and Nouran El Gohary, Committee Coordinator at AmCham. The Minister emphasised the growing global importance of the mining industry and reaffirmed the Egyptian government's commitment to developing this promising sector. He stressed the country's aim to attract leading international mining firms and position Egypt as a key player in the global mining landscape. The Ministry, he added, is working to expand mining activities and maximise value-added outputs to deliver stronger economic returns to the state. Badawi also praised the longstanding strategic partnership between Egypt's petroleum sector and the American Chamber of Commerce, commending the Chamber's role in encouraging US investment in Egypt. He asserted that this is the ideal time for foreign companies to invest in the country's mining sector. For their part, the AmCham delegation welcomed the government's continued support for mining sector development, particularly the reform of mining agreements and EMRA's restructuring. These steps, they said, are enhancing investor confidence and making Egypt more attractive to global mining companies. The delegation also referenced their recent visit to Washington, D.C., where they observed considerable interest from the US administration in Egypt's mining reforms. They noted a growing push to encourage American companies to explore opportunities in Egypt, especially in critical and rare earth minerals and strategic mining projects.
The Age
04-07-2025
- Business
- The Age
Crisafulli's bid to bring Trump – and the Quad
'Based on where things are at the moment geopolitically, who those partners are, where it will be, the fact that we're about to become an Olympic city, the journey point where we are as a state, I think we can own it,' he said. 'The defence lens and the defence opportunities that come with that, and the investment opportunities, it would be a really big win for us and it's something I'm really pinning our hopes on. 'I'm going to keep fighting pretty hard for it.' Crisafulli said he would lead his first overseas delegation as premier within the next month to both India and Japan, during which Quad hosting rights would be 'top of the agenda'. Comment was sought from both Albanese and Foreign Minister Penny Wong. While the American Chamber of Commerce (AmCham) celebrated July 4 inside the Brisbane Sofitel ballroom, a small band of protesters outside demonstrated against Australia's military cooperation with Trump's United States, including through AUKUS, and the ongoing war in Gaza. Annette Brownlie, the chair of Independent and Peaceful Australia, said. 'We're very concerned about what sort of deals our premier might be doing with the American Chamber of Commerce,' she said. 'We don't know what sort of contracts, etc, they will sign. We are deeply enmeshed in the American military industry – the F35 fighter jets, parts of those fighter jets are made here in Brisbane. Loading 'It implicates us and makes us complicit for the genocide that's happening in Gaza and in Palestine.' Ferra Engineering, based at Tingalpa in Brisbane's east, manufactures components for the US's F-35 Joint Strike Fighters and Crisafulli appeared to single it out while on stage. 'That's one company employing 100 people doing one small element in the backblocks of Queensland,' he said. 'Now that's a massive opportunity, and what we can do is make sure that we allow the private sector to do their job and invest in those partnerships that get people to look here [for investment].'
Sydney Morning Herald
04-07-2025
- Business
- Sydney Morning Herald
Crisafulli's bid to bring Trump – and the Quad
'Based on where things are at the moment geopolitically, who those partners are, where it will be, the fact that we're about to become an Olympic city, the journey point where we are as a state, I think we can own it,' he said. 'The defence lens and the defence opportunities that come with that, and the investment opportunities, it would be a really big win for us and it's something I'm really pinning our hopes on. 'I'm going to keep fighting pretty hard for it.' Crisafulli said he would lead his first overseas delegation as premier within the next month to both India and Japan, during which Quad hosting rights would be 'top of the agenda'. Comment was sought from both Albanese and Foreign Minister Penny Wong. While the American Chamber of Commerce (AmCham) celebrated July 4 inside the Brisbane Sofitel ballroom, a small band of protesters outside demonstrated against Australia's military cooperation with Trump's United States, including through AUKUS, and the ongoing war in Gaza. Annette Brownlie, the chair of Independent and Peaceful Australia, said. 'We're very concerned about what sort of deals our premier might be doing with the American Chamber of Commerce,' she said. 'We don't know what sort of contracts, etc, they will sign. We are deeply enmeshed in the American military industry – the F35 fighter jets, parts of those fighter jets are made here in Brisbane. Loading 'It implicates us and makes us complicit for the genocide that's happening in Gaza and in Palestine.' Ferra Engineering, based at Tingalpa in Brisbane's east, manufactures components for the US's F-35 Joint Strike Fighters and Crisafulli appeared to single it out while on stage. 'That's one company employing 100 people doing one small element in the backblocks of Queensland,' he said. 'Now that's a massive opportunity, and what we can do is make sure that we allow the private sector to do their job and invest in those partnerships that get people to look here [for investment].'
