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Saudi Arabia sees foreign investment boost from India, Egypt


Saudi Arabia sees foreign investment boost from India, Egypt
Saudi Arabia has already taken unprecedented measures to support its finances, including tripling value-added tax, increasing import fees, and canceling some benefits for government workers.
(REUTERS)
Vivian Nereim
, Bloomberg
Egypt and India led the way, with 30 licenses being awarded to investors from each country, followed by the UK and Lebanon with 16 permits apiece.
The US lagged with 10 licenses, while investors from France were granted 11 fewer than Yemen, Syria, and Pakistan.
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Saudi Arabia granted 20% more foreign investment licenses in the third quarter compared to the same period last year, with India and Egypt driving the increase despite efforts to attract American and European interest. ....

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Vendor to Dental Practices Hacked: 1 Million Affected


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A Florida-based company that provides support services to hundreds of dental practices in 20 states says it’s been hacked, exposing information – including payment card numbers - on more than 1 million patients.
If details are confirmed by federal regulators, the incident would be one of the largest health data breaches reported so far this year.
On Oct. 11, Sarasota, Florida-based Dental Care Alliance discovered the hacking incident, according to a breach notification report submitted recently to Maine’s attorney general’s office.
The company’s breach notification indicates information “acquired” by hackers in the incident includes “individuals’ name or other personal identifier in combination with financial account number, or credit/debit card number in combination with security code, access code, password or PIN for the account.” ....

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