Latest news with #Resources
Zawya
6 hours ago
- Business
- Zawya
Saudi minister explores investment and industrial partnerships with US private sector in Chicago
CHICAGO - Saudi Arabia's Minister of Industry and Mineral Resources, Bandar Al-Khorayef, met with leaders of the American private sector in Chicago to discuss enhancing cooperation in industry and mining, and to explore bilateral investment opportunities. The roundtable, held at the headquarters of World Business Chicago, focused on the development of Saudi Arabia's industrial and mining sectors, the potential for innovation-driven investments, and strategies to build sustainable economic partnerships between the two countries. During the meeting, Al-Khorayef emphasized the strength of the strategic relationship between Saudi Arabia and the United States, highlighting that bilateral trade reached over SR123 billion ($32.8 billion). He also referenced the recent visit of U.S. President Donald Trump to Saudi Arabia, which resulted in the signing of a strategic partnership document and a series of key agreements in sectors including defense, energy, mining, technology, and artificial intelligence. Al-Khorayef outlined the central role of the industrial and mining sectors in Saudi Arabia's Vision 2030 economic diversification agenda. He noted that the National Industrial Strategy aims to localize and grow 12 priority sectors — including downstream chemicals, automotive, aerospace, and mining — and raise the sector's GDP contribution to $244 billion by 2030. The strategy offers 800 investment opportunities worth around SR1 trillion ($266.6 billion), positioning Saudi Arabia as a global industrial hub. On the mining front, the minister said the Kingdom aims to develop the sector into the "third pillar" of national industry, capitalizing on untapped mineral resources valued at over SR9.4 trillion ($2.5 trillion), including gold, copper, and rare earth elements. The comprehensive mining and minerals strategy targets a sectoral GDP contribution of SR240 billion ($64 billion). Al-Khorayef also pointed to the Kingdom's competitive regulatory environment for mining investments. Recent reforms have streamlined licensing, reducing the application processing period to just 90 days, while a supportive legislative framework offers attractive incentives for domestic and international mining firms. The roundtable was attended by key figures from the U.S. private sector and more than 30 investors across strategic industries including specialty chemicals, automotive, aviation, and mining. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Saudi Gazette
a day ago
- Business
- Saudi Gazette
Saudi minister explores investment and industrial partnerships with US private sector in Chicago
Saudi Gazette report CHICAGO — Saudi Arabia's Minister of Industry and Mineral Resources, Bandar Al-Khorayef, met with leaders of the American private sector in Chicago to discuss enhancing cooperation in industry and mining, and to explore bilateral investment opportunities. The roundtable, held at the headquarters of World Business Chicago, focused on the development of Saudi Arabia's industrial and mining sectors, the potential for innovation-driven investments, and strategies to build sustainable economic partnerships between the two countries. During the meeting, Al-Khorayef emphasized the strength of the strategic relationship between Saudi Arabia and the United States, highlighting that bilateral trade reached over SR123 billion ($32.8 billion). He also referenced the recent visit of U.S. President Donald Trump to Saudi Arabia, which resulted in the signing of a strategic partnership document and a series of key agreements in sectors including defense, energy, mining, technology, and artificial intelligence. Al-Khorayef outlined the central role of the industrial and mining sectors in Saudi Arabia's Vision 2030 economic diversification agenda. He noted that the National Industrial Strategy aims to localize and grow 12 priority sectors — including downstream chemicals, automotive, aerospace, and mining — and raise the sector's GDP contribution to $244 billion by 2030. The strategy offers 800 investment opportunities worth around SR1 trillion ($266.6 billion), positioning Saudi Arabia as a global industrial hub. On the mining front, the minister said the Kingdom aims to develop the sector into the "third pillar" of national industry, capitalizing on untapped mineral resources valued at over SR9.4 trillion ($2.5 trillion), including gold, copper, and rare earth elements. The comprehensive mining and minerals strategy targets a sectoral GDP contribution of SR240 billion ($64 billion). Al-Khorayef also pointed to the Kingdom's competitive regulatory environment for mining investments. Recent reforms have streamlined licensing, reducing the application processing period to just 90 days, while a supportive legislative framework offers attractive incentives for domestic and international mining firms. The roundtable was attended by key figures from the U.S. private sector and more than 30 investors across strategic industries including specialty chemicals, automotive, aviation, and mining.
See - Sada Elbalad
2 days ago
- Entertainment
- See - Sada Elbalad
Russia Considers Direct Flight Route to N. Korea's Tourist City of Wonsan
Nada Mustafa Russian Minister of Natural Resources and Environment and Co-Chair of the Russia–North Korea Cooperation Committee, Alexander Kozlov, announced on Sunday that Russia is considering opening a direct air route to the North Korean tourist city of Wonsan. In statements reported by TASS news agency, Kozlov said, 'We are studying these matters,' adding that Russia is also exploring the resumption of maritime travel and ferry services with North Korea. When asked about the possibility of restarting sea or ferry routes, Kozlov responded, 'We are considering all forms of transportation connectivity between our two countries, including the ones you mentioned,' praising the recent first-ever direct flight from Moscow to Pyongyang and describing it as a 'historic event.' The flight is scheduled to depart from Sheremetyevo Airport at 7:00 p.m. Moscow time (4:00 p.m. GMT). read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language
Techday NZ
4 days ago
- Business
- Techday NZ
Lab 1 report reveals unstructured data heightens breach risks
Lab 1 has released a report that analyses 141 million files from 1,297 data breach incidents, highlighting significant risks of downstream fraud and cybercrime for organisations, employees and customers. The Anatomy of a Breach 2025 report offers an in-depth content-level investigation of breached datasets, focusing on the prevalence of unstructured files, such as financial documents, HR data, customer records and code files, that are typically overlooked but pose considerable risks. Financial documents prevalent The analysis indicates that financial documents are present in 93% of breach incidents and constitute 41% of all exposed files. According to the report, these documents frequently contain both personal and commercial information, making them valuable targets for cybercriminals. Bank statements, found in 49% of breaches, and International Bank Account Numbers (IBANs), present in 36%, were highlighted as common items that could facilitate identity fraud, payment redirection and mandate scams. Commenting on the findings, Robin Brattel, Co-founder and Chief Executive Officer at Lab 1, said: "Rather than focus on mega data dumps of structured and primarily credential-based information, we've focused on the huge risks associated with unstructured files that often hold high-value information, such as cryptographic keys, customer account data, or sensitive commercial contracts. "With cybercriminals now behaving like data scientists to unearth these valuable insights to fuel cyberattacks and fraud, unstructured data cannot be ignored. We've refined a scientific approach to analyzing unstructured breach contents and today share our findings, which underline the need to move towards a content-aware approach to breach analysis. Ultimately, organizations must understand what information has been leaked, how it can be used, and who might be affected. And faster than it can be used against them." PII and customer data exposure Personal and corporate data - including Human Resources files containing personally identifiable information (PII), payroll, and resumes - featured in 82% of breaches. Additionally, 67% of incidents involved documents and records related to customer service, support, or communication. The prevalence of emails was particularly notable, with 86% of breach incidents exposing this form of sensitive communication. Half the analysed incidents included U.S. Social Security Numbers, further highlighting the scale of PII at risk. The exposure of such data increases the likelihood of targeted phishing attacks, identity theft, and regulatory breaches, which could subject organisations to significant financial penalties and legal challenges under frameworks such as the General Data Protection Regulation (GDPR) or the Federal Trade Commission (FTC) Act. These risks extend to the erosion of customer trust. Broader attack surface from unstructured files The report underscores the widening cyberattack surface resulting from the exposure of unstructured files. Cryptographic keys, which can be used to bypass authentication and gain access to secure systems, appeared in 18% of incidents. Indicators for cloud and infrastructure, such as AWS S3 paths and virtual hosts, were present in 20% and 23% of breaches respectively. Code files, exposed in 87% of all incidents and accounting for 17% of the total files, present additional vulnerabilities to the supply chain by compromising software trustworthiness. Attack blast radius growing According to Lab 1, the median number of organisations impacted per breach - the so-called 'blast radius' - has risen by 61% since 2022, from 257 to 482 organisations today. This figure includes secondary and tertiary parties who might be unaware of their potential exposure, given their connection to the breached primary organisation. The dataset underpinning the report comprised more than 141 million individual file records, all sourced from ransomware and data breach incidents found in the public domain and reconstructed from forensic acquisitions.
Bangkok Post
6 days ago
- Politics
- Bangkok Post
Benefits to axeing bulbul's status: govt
The government has pointed out what it sees as the "benefits" of removing the red-whiskered bulbul, or nok krong hua juk, from the list of protected wildlife species. It aims to support both conservation and the economy, says Natural Resources and Environment Minister Chalermchai Sri-on. A working group has been set up by the Department of National Parks, Wildlife and Plant Conservation (DNP) to study the bird's population, control illegal hunting, and prevent captive birds from returning to the wild. The group will assess potential impacts over the next three months before making recommendations. The move aims to allow for regulated breeding and ownership of the bird, which is popular among Thais. Mr Chalermchai said responsible ownership can help prevent extinction and stimulate a bird-related economy. Addressing concerns that de-listing may lead to increased poaching, he said officials would be able to verify whether a bird was bred in captivity or taken from the wild. "If we continue to ban it completely, people may capture wild birds secretly," he warned. "Instead, we should engage with bird lovers, support their efforts, and work together on conservation." If any rules are violated, the species could be reinstated as protected, he added. DNP Director-General Atthapol Charoenchansa said the working group will survey wild populations and propose safeguards against poaching and escapes. Their findings will be submitted to the Wildlife Conservation Committee and then the cabinet for final approval. He said the red-whiskered bulbul trade is estimated to be worth over one billion baht. With proper regulation, wild birds can be kept separate from those in captivity, allowing Thailand to benefit from both conservation and economic opportunities.
