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Seaweed as a workhorse of the regenerative blue economy

Seaweed as a workhorse of the regenerative blue economy

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As Ƶ positions itself as a leader in the regenerative blue economy, combining sea-based activities with sustainable development, all eyes are turning to a long-overlooked resource: seaweed.

Seaweed represents a group of about 10,000 photosynthetic multicellular species that grow in the lighted zone of the ocean, mostly attached to the seafloor.

While it has provided economic and cultural benefits to Asia-Pacific nations for millennia, most people around the world, including in Ƶ, are only aware of seaweed as an ingredient in sushi or miso soup.

As an indicator of this huge awareness gap, the first legal code governing the deployment of algal farms in Japan actually dates from the times of Prophet Muhammad.

In the 21st century, seaweed is emerging as a valuable commodity for sustainable development, yet there remains massive untapped potential.

Every hectare of ocean can support seaweed farming, with the area that can be farmed sustainably estimated at 48 million sq. km, matching the global land area appropriated for agriculture.

Seaweed farming is, within that ceiling, a regenerative crop, as it removes excess nutrients and carbon dioxide from seawater and provides habitat for marine life, contributing to water quality while mitigating climate change.

Seaweed products are healthy for consumers and are climate-positive, carrying a near-zero water footprint, and a zero-chemical footprint, as synthetic fertilizers, pesticides and herbicides are not used in this industry.

Seaweed is rising as the Swiss army knife of marine biotechnology. Crops can be processed to yield nutraceuticals, pharmaceuticals, cosmetics, high-value molecules, polymers displacing synthetic ones, biochar and biofuels.

All these products can be produced concurrently using biorefinery approaches, with their combined value potentially multiplying by at least 50-fold the value per tonne compared to conventional single-product uses. As a result, we are witnessing an algal revolution.

Ƶ’s aquaculture program under the Ministry of Environment, Water and Agriculture includes seaweed farming, while Red Sea Global is exploring the potential of this regenerative marine crop.

Research led by the King Abdullah University of Science and Technology has identified a range of promising compounds for pharma, which we named Thuwalallenes, from the Red Sea algae Laurencia.

The Red Sea seaweed Asparagopsis is making headlines as a global climate solution.

Feeding one spoonful of dried Asparagopsis to cows and other ruminants every other day has been found to greatly reduce methane production — something which accounts for 18 percent of global greenhouse gas emission.

Hence, a Red Sea seaweed farming industry can also be a tool to fight climate change at scale. This can be supported by the more than 200 species identified in the Red Sea, of which about 10 percent are unique to the region.

The blue economy of the Red Sea is open for business with huge investment opportunities. This includes regenerative tourism, led globally by Red Sea Global, nutrition, cosmetics, technology and energy.

Seaweed farming can contribute to many of these pillars, as a superfood, a source of material for biotechnology, biofuels, and, although historically overlooked, an intrinsic part of the natural capital of Ƶ.

• Carlos Duarte is executive director of the global coral reef research and development accelerator platform at King Abdullah University of Science and Technology

Disclaimer: Views expressed by writers in this section are their own and do not necessarily reflect Arab News' point of view

Umrah guests praise Kingdom’s rich heritage

Umrah guests praise Kingdom’s rich heritage
Updated 6 min 5 sec ago

Umrah guests praise Kingdom’s rich heritage

Umrah guests praise Kingdom’s rich heritage
  • Sheikh Khadem Mbaki, a preacher from Senegal, expressed his joy at witnessing Madinah’s rich cultural and historical heritage
  • Ali Coulibaly from Mali said that the Kingdom is a global religious and cultural destination

RIYADH: Guests of the Custodian of the Two Holy Mosques Program for Umrah and Visit praised Ƶ’s development and progress across various fields.

They commended efforts to preserve religious sites and historical monuments, highlighting a rich cultural heritage spanning thousands of years, the Saudi Press Agency reported.

During their tour of religious sites and monuments in Madinah, part of a program organized by the Ministry of Islamic Affairs, they expressed gratitude to the Kingdom for hosting them.

Sheikh Khadem Mbaki, a preacher from Senegal, expressed his joy at witnessing Madinah’s rich cultural and historical heritage.

He highlighted how the sites reflect various aspects of Islamic civilization, and praised the Kingdom’s dedication to preserving these important landmarks.

Mbaki also acknowledged the Kingdom’s efforts to ensure the well-being of visitors and Umrah performers from around the world.

Ali Coulibaly from Mali said that the Kingdom is a global religious and cultural destination due to its many historical monuments and archaeological sites in regions like AlUla and NEOM.

He also noted the rapid development of infrastructure projects, which enhance the Kingdom’s ability to welcome tourists and visitors and provide year-round access to these historical and cultural sites.

Mohammed Abdo Abu Yaali from Morocco praised the cultural and historical richness he experienced during his visit to Madinah’s historical sites.

He appreciated the in-depth explanations about the significance of these sites as well as their connection to Islamic history and the life of the Prophet.

Amin Baddad from Algeria expressed his heartfelt thanks to the Saudi leadership for hosting him to visit Madinah and perform Umrah.

He shared the beautiful memories created during his visit and prayed to Allah to reward those responsible for the program for their efforts.


Israel says 8 hostages due for release in first phase of truce are dead

Supporters of Israeli hostages held by Hamas in Gaza hold photos of loved ones during a protest calling for their release.
Supporters of Israeli hostages held by Hamas in Gaza hold photos of loved ones during a protest calling for their release.
Updated 5 min 8 sec ago

Israel says 8 hostages due for release in first phase of truce are dead

Supporters of Israeli hostages held by Hamas in Gaza hold photos of loved ones during a protest calling for their release.
  • That means that of the 26 hostages yet to be freed under the first phase of the agreement, only 18 are still alive
  • Under the first phase of the agreement, 33 hostages held by militants in Gaza are to be released in exchange for more than 1,900 Palestinians held by Israel

JERUSALEM: Eight of the hostages due for release in the first phase of a truce deal between Israel and Hamas are dead, Israeli government spokesman David Mencer said Monday.
“The families have been informed of the situation of their relatives,” Mencer told reporters, without providing the names of the deceased.
That means that of the 26 hostages yet to be freed under the first phase of the agreement, only 18 are still alive.
The truce deal, announced earlier in January after months of fruitless negotiations, took effect on January 19, bringing to a halt more than 15 months of war sparked by Hamas’s October 7, 2023 attack.
Under the first phase of the agreement, 33 hostages held by militants in Gaza are to be released in exchange for more than 1,900 Palestinians held by Israel.
Seven Israeli women have been released since the start of the truce, as have 290 Palestinian prisoners.


German Holocaust remembrance under fire from far right

German Holocaust remembrance under fire from far right
Updated 7 min ago

German Holocaust remembrance under fire from far right

German Holocaust remembrance under fire from far right
  • US tech billionaire Elon Musk told AfD supporters that “children should not be guilty for the sins of their great grandparents"
  • Polish Prime Minister Donald Tusk criticizes slogans made at a far-right rally without mentioning Musk by name

FRANKFURT: As the world remembers Auschwitz, the German far right has pushed back against the country’s tradition of Holocaust remembrance, now with backing from US tech billionaire Elon Musk.
“I think there’s too much of a focus on past guilt and we need to move beyond that,” the ally of US President Donald Trump told an Alternative for Germany (AfD) rally in a video discussion at the weekend.
“Children should not be guilty for the sins of their great grandparents,” he told supporters of the AfD, an anti-immigration party he has strongly supported ahead of February 23 elections.
Musk’s comments flew in the face of those made by Chancellor Olaf Scholz to mark 80 years since the liberation of the extermination camp in what was Nazi-occupied Poland and on the “civilizational rupture” of the Holocaust.
“Every single person in our country bears responsibility, regardless of their own family history, regardless of the religion or birthplace of their parents or grandparents,” Scholz said in a speech.
Musk’s comments were all the more divisive as they came ahead of Monday’s 80th anniversary of the liberation of Auschwitz, where more than one million Jewish people and over 100,000 others died between 1940 and 1945.
Polish Prime Minister Donald Tusk, whose country is hosting commemorations, was quick to criticize slogans made at Saturday’s rally, although he did not mention Musk by name.
“The words we heard from the main actors of the AfD rally about ‘Great Germany’ and ‘the need to forget German guilt for Nazi crimes’ sounded all too familiar and ominous,” the Polish leader wrote on X.
“Especially only hours before the anniversary of the liberation of Auschwitz.”
Scholz, who went to Poland for the anniversary events, responded to Tusk’s message: “I couldn’t agree more, dear Donald.”


Oman, India revise deal to avoid double taxation

Oman, India revise deal to avoid double taxation
Updated 30 min 50 sec ago

Oman, India revise deal to avoid double taxation

Oman, India revise deal to avoid double taxation

JEDDAH: Oman and India have finalized an updated protocol to prevent double taxation and curb financial evasion related to income taxes, further bolstering their economic ties.

The agreement was signed in Muscat on Jan. 27 by Nasser bin Khamis Al-Jashmi, Chairman of Oman’s Tax Authority, and Indian Ambassador to Oman Amit Narang, as reported by Oman News Agency.

Al-Jashmi highlighted the importance of the new protocol in strengthening economic relations between the two countries, noting that the agreement is the result of ongoing efforts to enhance bilateral cooperation in the tax sector.

In December, Oman also signed a similar agreement with Tanzania to deepen their strategic partnership.

That deal aimed to foster an attractive investment climate, protect investors from double taxation, and increase transparency in financial transactions.

In October, Al-Jashmi represented Oman in signing a similar agreement with Estonia. The agreement adhered to the standard framework set by the Organization for Economic Co-operation and Development.

According to a statement from Estonia's Ministry of Foreign Affairs, the agreement was designed to provide a stable tax environment for both foreign entrepreneurs investing in Estonia and Estonian businesses expanding internationally.

The ministry emphasized that the primary goal of double taxation avoidance agreements was to foster investment between the signatory countries.

Additionally, the ministry highlighted that foreign investors value the assurance that they will not face a higher tax burden than local businesses operating in the target country.

As of October 2024, India exported $410 million worth of goods to Oman and imported $743 million, resulting in a trade deficit of $334 million, according to the Observatory of Economic Complexity.

India’s top exports to Oman included petroleum products valued at $146 million, processed minerals at $24.4 million, and basmati rice at $15 million. Iron and steel exports totaled $13.9 million, while ships, boats, and floating structures contributed $9.93 million.

On the import side, India’s purchases from Oman were led by fertilizers, totaling $118 million. Petroleum products accounted for $92.5 million, and ships, boats, and floating structures reached $77.5 million. Other commodities amounted to $45.2 million, while crude petroleum was valued at $43.5 million.


Saudi FM holds phone call with Malaysian counterpart

Saudi FM holds phone call with Malaysian counterpart
Updated 35 min 37 sec ago

Saudi FM holds phone call with Malaysian counterpart

Saudi FM holds phone call with Malaysian counterpart

RIYADH: Saudi Foreign Minister Prince Faisal bin Farhan held a phone call on Monday with his Malaysian counterpart, Dato’ Seri Utama Haji Mohamad bin Haji Hasan.

During the call, the chief diplomats discussed relations between Riyadh and Kuala Lumpur, the Saudi Press Agency reported.