GCC Cybersecurity Ministerial Committee Holds First Meeting in Riyadh

The GCC Cybersecurity Ministerial Committee holds its first meeting at the headquarters of the GCC Secretariat General in Riyadh. (SPA)
The GCC Cybersecurity Ministerial Committee holds its first meeting at the headquarters of the GCC Secretariat General in Riyadh. (SPA)
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GCC Cybersecurity Ministerial Committee Holds First Meeting in Riyadh

The GCC Cybersecurity Ministerial Committee holds its first meeting at the headquarters of the GCC Secretariat General in Riyadh. (SPA)
The GCC Cybersecurity Ministerial Committee holds its first meeting at the headquarters of the GCC Secretariat General in Riyadh. (SPA)

The Gulf Cooperation Council (GCC) Cybersecurity Ministerial Committee held its first meeting at the headquarters of the GCC Secretariat General in Riyadh.

The meeting was attended by the heads of specialized institutions in cybersecurity in GCC countries and GCC Secretary-General Dr. Nayef Al-Hajraf. Saudi Arabia was represented by the National Cybersecurity Authority.

The gatherers discussed work papers presented by GCC countries, which aim at boosting cooperation in cybersecurity fields at the Gulf level through several initiatives concerned with developing the cybersecurity sector.

Heads of institutions discussed several issues of mutual interest in the cybersecurity field, including implementing joint cybersecurity exercises in GCC countries to bolster the exchange of information and expertise and contribute to developing the sector.



OpenAI Secures $4 bln Credit Facility

The OpenAI logo is seen in this illustration taken, February 3, 2023. (Reuters)
The OpenAI logo is seen in this illustration taken, February 3, 2023. (Reuters)
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OpenAI Secures $4 bln Credit Facility

The OpenAI logo is seen in this illustration taken, February 3, 2023. (Reuters)
The OpenAI logo is seen in this illustration taken, February 3, 2023. (Reuters)

OpenAI said on Thursday it has secured a new $4 billion credit facility, in addition to the $6.6 billion investment the AI startup unveiled on Wednesday.

The revolving credit facility that is undrawn at closing has been established with JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS and HSBC, Reuters reported.

The company now has access to over $10 billion in liquidity, OpenAI said in a blog post.