UN Selects Riyadh to Host the Internet Governance Forum (IGF) 2024

General view of Riyadh city. Reuters file photo
General view of Riyadh city. Reuters file photo
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UN Selects Riyadh to Host the Internet Governance Forum (IGF) 2024

General view of Riyadh city. Reuters file photo
General view of Riyadh city. Reuters file photo

The United Nations has selected Riyadh to host the 19th edition of the Internet Governance Forum (IGF) in 2024.
The IGF is an annual event organized by the United Nations, bringing together global experts to discuss and formulate international trends and policies regarding the developments of internet governance in a collaborative manner between governments, the private sector, and non-profit organizations.
The Minister of Communications and Information Technology, Eng. Abdullah bin Amer Alswaha, affirmed that the Kingdom is leading international efforts to increase digital inclusion and bridge the digital divide worldwide.

It aims to contribute to building a thriving and inclusive digital economy for all.

This comes in light of the unlimited support received by the sector from the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and Prince Mohammed bin Salman, the Crown Prince and Prime Minister.

The Governor of the Digital Government Authority, Eng. Ahmed bin Mohammed Alsuwaiyan, pointed out that the United Nations' selection of Riyadh to host this global forum reflects Saudi Arabia’s leading role and efforts in maximizing the impact of digital infrastructure to achieve sustainable development goals and serve communities and business sectors.

The trust placed by international organizations in Saudi Arabia’s ability to host major exhibitions and global conferences confirms its position as an advanced country in the field of communications, information technology, and digital government. It also recognizes its excellence in various fields in line with the programs and initiatives of Saudi Vision 2030.

IGF brings together more than 160 countries and features over 1,000 speakers consisting of global experts and specialists. It hosts more than 300 sessions and workshops, in addition to awards, and cooperative agreements that will take place over five days. These activities aim to facilitate the exchange of expertise, success stories, and best practices in public policy issues related to the Internet.

The forum seeks to shape the future of the Internet and technology and build a secure digital future for all.



S&P Downgrades Israel’s Long-Term Ratings to 'A' amid Hezbollah Conflict

People take cover by the side of a road as a siren sound, after Iran fired a salvo of ballistic missiles at Israel, in Tel Aviv, Israel, October 1, 2024. (Reuters)
People take cover by the side of a road as a siren sound, after Iran fired a salvo of ballistic missiles at Israel, in Tel Aviv, Israel, October 1, 2024. (Reuters)
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S&P Downgrades Israel’s Long-Term Ratings to 'A' amid Hezbollah Conflict

People take cover by the side of a road as a siren sound, after Iran fired a salvo of ballistic missiles at Israel, in Tel Aviv, Israel, October 1, 2024. (Reuters)
People take cover by the side of a road as a siren sound, after Iran fired a salvo of ballistic missiles at Israel, in Tel Aviv, Israel, October 1, 2024. (Reuters)

S&P Global downgraded Israel's long-term ratings to "A" from "A+" on Tuesday, citing risks to the country's economy and public finances from the escalating conflict with Iran-backed armed movement Hezbollah in Lebanon.

The rating agency highlighted concerns over potential security threats, including retaliatory rocket attacks against Israel, which could worsen the economic impact.

Peer Moody's cut the country's credit rating two notches to "Baa1" last week and warned of a drop to "junk" if the current heightened tensions with Hezbollah turned into a full-scale conflict.

"We now consider that military activity in Gaza and an upsurge in fighting across Israel's northern border - including a ground incursion into Lebanon - could persist into 2025, with risks of retaliation against Israel," S&P said.

S&P maintained Israel's outlook at "negative".