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Saudi Industry Minister Highlights Importance of Technology Use to Affect Growth

Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef. (SPA)
Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef. (SPA)
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Saudi Industry Minister Highlights Importance of Technology Use to Affect Growth

Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef. (SPA)
Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef. (SPA)

Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef stressed that the Kingdom took advantage of various technologies to achieve growth in the industrial and mining sectors, and that technology enables business owners to be productive and effective.
Taking part in a panel discussion titled "Where Manufacturing and Tech Collide", held as part of the World Economic Forum's (WEF) Special Meeting in Riyadh today, Al-Khorayef talked about the transformation witnessed by the manufacturing sector over the past 25 years, which has served many countries, including the Kingdom, and about advanced solutions to lower the carbon footprint, stressing the importance of developing human capital by helping youths interested in technological advancements.
The minister also tackled infrastructure development and preparing regulations and guidelines to secure reliable use of information and data usage, and cybersecurity, and future programs that target 4,000 factories, SPA reported.
He stressed the importance of developing an economic system that takes advantage of technologies like digital twin and 5G for operating and managing the mining sector, especially in remote areas.
Al-Khorayef also spoke about the Saudi industrial base, which has the largest number of active entities and plays a main role in turning ideas into real solutions, making use of technologies that contribute added value to countries.

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Trump Asks US Supreme Court to Pause Law Threatening TikTok Ban

Trump was fiercely opposed to TikTok during his 2017-21 first term, but has since changed his tune - AFP
Trump was fiercely opposed to TikTok during his 2017-21 first term, but has since changed his tune - AFP
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Trump Asks US Supreme Court to Pause Law Threatening TikTok Ban

Trump was fiercely opposed to TikTok during his 2017-21 first term, but has since changed his tune - AFP
Trump was fiercely opposed to TikTok during his 2017-21 first term, but has since changed his tune - AFP

US President-elect Donald Trump filed a brief Friday urging the Supreme Court to pause a law that would ban TikTok the day before his January 20 inauguration if it is not sold by its Chinese owner ByteDance.

"In light of the novelty and difficulty of this case, the court should consider staying the statutory deadline to grant more breathing space to address these issues," Trump's legal team wrote, to give him "the opportunity to pursue a political resolution."

Trump was fiercely opposed to TikTok during his 2017-21 first term, and tried in vain to ban the video app on national security grounds.

The Republican voiced concerns -- echoed by political rivals -- that the Chinese government might tap into US TikTok users' data or manipulate what they see on the platform, AFP reported.

US officials had also voiced alarm over the popularity of the video-sharing app with young people, alleging that its parent company is subservient to Beijing and that the app is used to spread propaganda, claims denied by the company and the Chinese government.

Trump called for a US company to buy TikTok, with the government sharing in the sale price, and his successor Joe Biden went one stage further -- signing a law to ban the app for the same reasons.

Trump has now, however, reversed course.

"Now (that) I'm thinking about it, I'm for TikTok, because you need competition," he recently told Bloomberg.

"If you don't have TikTok, you have Facebook and Instagram -- and that's, you know, that's Zuckerberg."

Facebook, founded by Mark Zuckerberg and part of his Meta tech empire, was among the social media networks that banned Trump after attacks by his supporters on the US Capitol on January 6, 2021.

The ban was driven by concerns that he would use the platform to promote more violence.

Those bans on major social media platforms were later lifted.

In the brief filed on Friday, Trump's lawyer made it clear the president-elect did not take a position on the legal merits of the current case.

"President Trump takes no position on the underlying merits of this dispute," John Sauer wrote in the amicus curiae -- or "friend of the court" -- brief.

"Instead, he respectfully requests that the court consider staying the act's deadline for divestment of January 19, 2025, while it considers the merits of this case, thus permitting President Trump's incoming Administration the opportunity to pursue a political resolution of the questions at issue in the case."