Agritech and green industry updates from the UAE and Saudi Arabia

AGRITECH-

Silal + Kezad partner on climate-resilient farming: Abu Dhabi’s agri-food and technology company Silal has signed a Musataha agreement with Kezad Group to procure land use rights to establish two AgTech initiatives in Al Ain Industrial City, Wam reports.

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What we know: In collaboration with desert farming agritech firm Iyris, Silal will build a 50k sqkm indoor farm to cultivate premium berries. The second initiative spans 100k sqkm to cultivate “high-value” crops, using “advanced controlled-environment” technologies to cultivate high-value crops with maximized yields while significantly reducing water consumption and carbon emissions.

GREEN INDUSTRY-

Saudi Musanadah + Irish CoolPlanet partner on energy efficiency services: Saudi Arabian management company and Alturki Holding subsidiary Musanadah — which is ESCO certified by the Saudi Energy Efficiency Centre — and Irish decarbonization engineering and software firm CoolPlanet have partnered to help Musanadah set up a new division for energy and sustainability services, according to a statement. With support from CoolPlanet’s patented Net Zero Glidepath platform that helps clients plan their decarbonization, the Saudi company’s new division will help clients across Saudi Arabia and Bahrain cut emissions, increase energy efficiency, and achieve cost savings.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

• Maaden to set up 800k-mangrove nursery: Maaden signed an agreement with the Royal Commission for Jubail and Yanbu and the National Center for Vegetation Cover to set up a mangrove nursery in Saudi Arabia, with the capacity to grow over 800k mangroves annually. The deal comes ahead of COP16 on combatting desertification, scheduled for next week in Riyadh. (Statement)
• Tunisia + EBRD to boost phosphate production: Tunisia’s Industry, Mines and Energy Ministry signed an MoU with the European Bank for Reconstruction and Development (EBRD) to support phosphate production in the country. The two also explored partnering on renewables, fertilizers, and mining. No further details on the MoU or the talks were mentioned. (Statement)