Saudi Arabia signs cybersecurity cooperation agreement

Saudi Arabia’s National Cybersecurity Center (NCSC) and World Economic Forum (WEF) officials sign a memorandum of intent to enhance cybersecurity and identify potential opportunities for collaboration in projects and initiatives. (SPA)
Updated 13 April 2019

Saudi Arabia signs cybersecurity cooperation agreement

The Kingdom’s National Cybersecurity Center (NCSC) signed an agreement on Friday with the World Economic Forum (WEF) to explore cybersecurity cooperation, the Saudi Press Agency reported.

The memorandum of intent is aimed at enhancing cybersecurity, protecting against threats, and identifying potential opportunities for collaboration in projects and initiatives.

It was co-signed by the deputy governor for strategy and planning, Dr. Ibrahim Al-Freih, and managing director and head of compliance and institutional affairs at the WEF, Alois Zwinggi.

The NCSC’s vision is to build a resilient and secure cyberspace that protects national and citizens’ interests, and foster the growth of Saudi Arabia’s economy.

It provides defense systems, technology and guidance to protect communication systems against attacks to confidentiality, integrity, processes, and vulnerability in the nation’s communications infrastructure.

The NCSC has previously issued basic cybersecurity guidelines to minimize the risk of threats to different government agencies. The guidelines were prepared to establish minimum standards to safeguard government networks and systems, and the Kingdom’s vital economic and national interests.

Applying these guidelines is mandatory for all government agencies, including ministries, authorities, institutions, and others, in addition to private sector agencies that own, operate, or host sensitive national infrastructures.

The WEF is an independent international organization committed to global development by involving business, politicians, academics and other community leaders, for formulation of global, regional and industrial agendas.

Finance officials meet to map out Saudi Arabia’s budget plans

Updated 19 April 2019

Finance officials meet to map out Saudi Arabia’s budget plans

  • Finance representatives of 150 government bodies meet for the Budget Forum 2020

RIYADH: Saudi finance chiefs have kicked off a major conference in the capital aimed at mapping out the Kingdom’s budget requirements.
Around 300 specialists representing 150 government bodies met at the InterContinental hotel in Riyadh for the Budget Forum 2020.
Minister of Finance Mohammed Al-Jadaan welcomed delegates to the second edition of the gathering organized by the Saudi Finance Ministry under the slogan “Partnership and Empowerment.”
Al-Jadaan said the ministry was focused on “partnership and commitment,” and sought to share the challenge of developing an effective budget to achieve the Kingdom’s ambitious goals.
“We are also committed to empowering financial leaderships to learn about the ministry’s programs and projects and provide training and qualification opportunities to the best international standards,” he added.
The finance chief said the budget planning process required the collaboration of multiple authorities and a clear strategy based on transparency. 
Items up for discussion at the forum included financial planning in governmental bodies, automation, and the promotion of revenues and efficient spending.
Finance Ministry steering committee chairman, Abdul Aziz bin Saleh Al-Freih, stressed the importance of the forum in getting the ball rolling at an early stage on formulating a general state budget.
Workshops were held on the sidelines of the conference focused on empowering government organizations, and a training program on financial planning and income estimations was also staged.