Search Site

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Saudi Arabia launches regional center for sustainable development of fisheries

The center was announced by Crown Prince Mohammed bin Salman during the Middle East Green Summit held in Riyadh recently.
  • Saudi Arabia’s National Program for the Development of the Fisheries Sector has launched a regional center to sustainably develop fisheries
  • The program focuses on research in the fisheries sector and aquaculture related to the health of animals and aquatic organisms

The National Program for the Development of the Fisheries Sector in Saudi Arabia has launched a regional center for sustainable development of fisheries, official sources have said.

The center was announced by Crown Prince Mohammed bin Salman during the Middle East Green Summit held in Riyadh recently.

The program itself is an affiliate of the Saudi Ministry of Environment, Water, and Agriculture, and was announced during a workshop organized by the ministry.

It is said to be designed to focus on research in the fisheries sector and aquaculture related to the health of animals and aquatic organisms and the management of fisheries.

It is also expected to look into the protection of the marine resources of the kingdom’s seas.

The program’s CEO Ali Al-Shaikhi was quoted by the official sources as explained that the goals set by the Saudi Vision 2030 include providing seafood with a high nutritional value, reducing dependence on imported food products, allocating job opportunities, and supporting a sustainable future by preserving our natural resources for future generations.

He added that these call for extensive and continuous research in the fields of aquaculture, fisheries management, marine environment, and biodiversity, in addition to understanding the impact of climate change on these resources.