RIYADH: Saudi Arabia’s National Fisheries Development Program on Tuesday launched a project to develop commercial algae technology and promote localization of the algae industry in the Kingdom. The fisheries development program comes under the purview of the Saudi Ministry of Environment, Water and Agriculture. Ali Al-Shaikhi, the CEO of the program, said the project aims to
LONDON: NEOM, the Saudi megacity development project, has signed an agreement with Tabuk Fish Company that includes plans for a fish farm with a production capacity of 70 million eggs. This would make it the biggest hatchery in the MENA region.
The deal, signed in the presence of Minister of Environment, Water and Agriculture Abdulrahman Al-Fadley, will expand local aquaculture production and apply a new generation of technologies.
It also includes a focus on improving the productivity of local fish species in the Red Sea, which will contribute to efforts to achieve the Kingdom’s goal of producing 600,000 tons of fish products by 2030, and place the country at the forefront of countries that are pioneers in sustainable aquaculture.
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