INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

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.