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Saudi Arabia launches project to promote algae industry

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

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Saudi Arabia to develop largest MENA fish farm

Abu Dhabi: Saudi Arabia plans to set up a 70 million fingerlings fish farm, the largest in the MENA region, officials said Tuesday, in a bid to boost its burgeoning multimillion-dollar aquaculture industry. In the presence of the Minister of Environment, Water and Agriculture Abdulrahman Al-Fadhli, NEOM Company and Tabuk Fish Company signed a Memorandum of Understanding aimed at expanding local aquaculture production and applying the new generation of aquaculture technologies in the NEOM region. The MoU included developing a fish farm to promote the aquaculture industry in the region, both within artificial lakes and natural waters, and establish a solid infrastructure in the Kingdom, in line with Vision 2030, which aims to diversify the country’s economy and sources of income.

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NEOM, Tabuk Fisheries sign MoU to develop largest fish farm across MENA

NEOM, Tabuk Fisheries sign MoU to develop largest fish farm across MENA April 06, 2021 RIYADH In the presence of the Minister of Environment, Water and Agriculture Abdulrahman Al-Fadhli, NEOM Company and Tabuk Fish Company signed a Memorandum of Understanding aimed at expanding local aquaculture production and applying the new generation of aquaculture technologies in the NEOM region. The MoU included developing a fish farm to promote the aquaculture industry in the region, both within artificial lakes and natural waters, and establish a solid infrastructure in the Kingdom, in line with Vision 2030, which aims to diversify the country s economy and sources of income.

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