Saudi Warns of Ukraine War Exacerbating Cybersecurity Breaches

Saudi Arabia is working on developing the fields of technology and cybersecurity and enhancing them with qualified national cadres (Asharq Al-Awsat)
Saudi Arabia is working on developing the fields of technology and cybersecurity and enhancing them with qualified national cadres (Asharq Al-Awsat)
TT

Saudi Warns of Ukraine War Exacerbating Cybersecurity Breaches

Saudi Arabia is working on developing the fields of technology and cybersecurity and enhancing them with qualified national cadres (Asharq Al-Awsat)
Saudi Arabia is working on developing the fields of technology and cybersecurity and enhancing them with qualified national cadres (Asharq Al-Awsat)

Saudi experts are warning against aggravating cybersecurity breaches as the effects of the Russian-Ukrainian war take a toll. So far, Saudi efforts have led to adding 40 job roles for cadres working in the field of cybersecurity.

Field specialists estimated the global shortage of human cadres at more than 3 million jobs.

Saudi Arabia has become more in need of qualified human personnel due to the expansion of its technology market, which is close to a fifth of the entire market size in the Middle East.

A seminar on the national economic effects of cybersecurity showed that about 85% of cybersecurity problems are caused by human errors.

However, cyber awareness and the use of technology and job examinations with human cadres can reduce these errors.

Majed Al-Sahli, a specialist in strategy and international cooperation at the National Cybersecurity Authority (NCA), stressed that the national cybersecurity strategy reflects Saudi Arabia’s ambition in a balanced manner.

The Kingdom’s strategy is divided between safety, trust, and growth.

“The strategy is based on several foundations, namely processes, procedures, techniques and human cadres,” Al-Sahli told Asharq Al-Awsat.

In an economic forum, Al-Sahli reviewed controls developed by the NCA.

These controls included the development of cloud computing controls, operational systems, e-commerce, and remote work.

Al-Sahli pointed out the role of the coronavirus pandemic in accelerating the development process of controls.

He highlighted several of the authority’s initiatives, such as capacity building, reducing risks, and democratizing cybersecurity.

Al-Sahli also reviewed national partnerships that led to the launch of the Saudi framework for cybersecurity forces and the addition of 40 job roles in cooperation with the General Authority for Statistics and the Ministry of Human Resources and Social Development.

Moreover, the Kingdom is working on cyber education, which is a promising project that could support and graduate qualified cadres.

Saudi Arabia is more in need of qualified cadres due to the size of the technology market in the Kingdom, which is approximately 17% of the market size in the Middle East.

The Kingdom’s sizable share of the technology market in the region represents a challenge in terms of bridging the gap found in human cadres.

Arwa Al-Hamad, Director of Cybersecurity at “Sanabel,” said that cybersecurity breaches became evident during the Russian-Ukrainian war.



Saudi Non-Oil Exports Hit Two-Year High

The King Abdulaziz Port in Dammam, eastern Saudi Arabia. (“Mawani” port authority)
The King Abdulaziz Port in Dammam, eastern Saudi Arabia. (“Mawani” port authority)
TT

Saudi Non-Oil Exports Hit Two-Year High

The King Abdulaziz Port in Dammam, eastern Saudi Arabia. (“Mawani” port authority)
The King Abdulaziz Port in Dammam, eastern Saudi Arabia. (“Mawani” port authority)

Saudi Arabia’s non-oil exports soared to a two-year high in May, reaching SAR 28.89 billion (USD 7.70 billion), marking an 8.2% year-on-year increase compared to May 2023.

On a monthly basis, non-oil exports surged by 26.93% from April.

This growth contributed to Saudi Arabia’s trade surplus, which recorded a year-on-year increase of 12.8%, reaching SAR 34.5 billion (USD 9.1 billion) in May, following 18 months of decline.

The enhancement of the non-oil private sector remains a key focus for Saudi Arabia as it continues its efforts to diversify its economy and reduce reliance on oil revenues.

In 2023, non-oil activities in Saudi Arabia contributed 50% to the country’s real GDP, the highest level ever recorded, according to the Ministry of Economy and Planning’s analysis of data from the General Authority for Statistics.

Saudi Finance Minister Mohammed Al-Jadaan emphasized at the “Future Investment Initiative” in October that the Kingdom is now prioritizing the development of the non-oil sector over GDP figures, in line with its Vision 2030 economic diversification plan.

A report by Moody’s highlighted Saudi Arabia’s extensive efforts to transform its economic structure, reduce dependency on oil, and boost non-oil sectors such as industry, tourism, and real estate.

The Saudi General Authority for Statistics’ monthly report on international trade noted a 5.8% growth in merchandise exports in May compared to the same period last year, driven by a 4.9% increase in oil exports, which totaled SAR 75.9 billion in May 2024.

The change reflects movements in global oil prices, while production levels remained steady at under 9 million barrels per day since the OPEC+ alliance began a voluntary reduction in crude supply to maintain prices. Production is set to gradually increase starting in early October.

On a monthly basis, merchandise exports rose by 3.3% from April to May, supported by a 26.9% increase in non-oil exports. This rise was bolstered by a surge in re-exports, which reached SAR 10.2 billion, the highest level for this category since 2017.

The share of oil exports in total exports declined to 72.4% in May from 73% in the same month last year.

Moreover, the value of re-exported goods increased by 33.9% during the same period.