Global security hubs in Saudi Arabia will strengthen efforts to tackle cybercrimes: SAMI CEO

Walid Abukhaled was speaking at the Global Cybersecurity Forum in Riyadh.
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Updated 20 December 2024
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Global security hubs in Saudi Arabia will strengthen efforts to tackle cybercrimes: SAMI CEO

RIYADH: Establishing “global or regional” command and control centers in Saudi Arabia to counter cyber threats is seen as a “win-win” in enhancing international cooperation, according to Walid Abukhaled, CEO of Saudi Arabian Military Industries. 

Speaking at the Global Cybersecurity Forum in Riyadh on Wednesday, Abukhaled highlighted that such a “hub”, which various countries can be part of, could facilitate the sharing of regulatory reforms, information on threat types, best practices, and mutual learning. 

He said: “There is a direct relationship between the safety, security, and prosperity of any nation. Foreign investments are always linked to the safety and security of any nation, so if a country wants to invest in another country, they look at the safety and security of that nation.”  

The SAMI CEO added: “The future is all about cyber, and this is huge security about protecting strategic assets and investments.” 

Megat Zuhairy bin Megat, CEO of the National Cyber Security Agency in Malaysia, emphasized that “global collaboration” is “the fifth pillar of national cybersecurity strategy.” 

He said: “We have been communicating and collaborating with our cybersecurity entities around the world.” 

The CEO added: “We have our command center in Malaysia. We share our intelligence with Singapore, Indonesia, and the rest of the world. However, without the capability and capacity of us receiving the information, we will not be able to translate that better whether it is a real threat or not, for example.” 

Felix Barrio Juarez, director general of the Spanish National Cybersecurity Institute, indicated that in the EU, they are currently enhancing standardization processes to establish a set of requirements.  

Juarez added: “We have to talk about national sovereignty in terms of technology, and cybersecurity allows this.” 

Abdulrahman Ali Al-Malki, president of the National Cyber Security Agency in Qatar, said: "Nations that dedicated large budgets for cybersecurity have benefited in the short and long term from attracting the global solutions and establishing the appropriate infrastructure for new future projects.” 

This has attracted “international companies plus safeguarding assets in the country from cyberattacks and their consequences in restoring services." Al-Malki added. 


Saudi minister at Davos urges collaboration on minerals

Global collaboration on minerals essential to ease geopolitical tensions and secure supply, WEF hears. (Supplied)
Updated 20 January 2026
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Saudi minister at Davos urges collaboration on minerals

  • The reason of the tension of geopolitics is actually the criticality of the minerals

LONDON: Countries need to collaborate on mining and resources to help avoid geopolitical tensions, Saudi Arabia’s minister of industry and mineral resources told the World Economic Forum on Tuesday.

“The reason of the tension of geopolitics is actually the criticality of the minerals, the concentration in different areas of the world,” Bandar Alkhorayef told a panel discussion on the geopolitics of materials.

“The rational thing to do is to collaborate, and that’s what we are doing,” he added. “We are creating a platform of collaboration in Saudi Arabia.”

Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources 

The Kingdom last week hosted the Future Minerals Forum in Riyadh. Alkhorayef said the platform was launched by the government in 2022 as a contribution to the global community. “It’s very important to have a global movement, and that’s why we launched the Future Minerals Forum,” he said. “It is the most important platform of global mining leaders.”

The Kingdom has made mining one of the key pillars of its economy, rapidly expanding the sector under the Vision 2030 reform program with an eye on diversification. Saudi Arabia has an estimated $2.5 trillion in mineral wealth and the ramping up of extraction comes at a time of intense global competition for resources to drive technological development in areas like AI and renewables.

“We realized that unlocking the value that we have in our natural resources, of the different minerals that we have, will definitely help our economy to grow to diversify,” Alkhorayef said. The Kingdom has worked to reduce the timelines required to set up mines while also protecting local communities, he added. Obtaining mining permits in Saudi Arabia has been reduced to just 30 to 90 days compared to the many years required in other countries, Alkhorayef said.

“We learned very, very early that permitting is a bottleneck in the system,” he added. “We all know, and we have to be very, very frank about this, that mining doesn’t have a good reputation globally.

“We are trying to change this and cutting down the licensing process doesn’t only solve it. You need also to show the communities the impact of the mining on their lives.”

Saudi Arabia’s new mining investment laws have placed great emphasis on the development of society and local communities, along with protecting the environment and incorporating new technologies, Alkhorayef said. “We want to build the future mines; we don’t want to build old mines.”