logo
Saudi Reef Aims to Cultivate Two Billion Roses Annually by 2026

Saudi Reef Aims to Cultivate Two Billion Roses Annually by 2026

CairoScene24-04-2025
Saudi Reef is spearheading a national initiative to transform Saudi Arabia into a leading global rose producer, targeting an annual yield of two billion roses by 2026.​
The Sustainable Agricultural Rural Development Program, also known as Saudi Reef, is launching an initiative to produce two billion roses annually by 2026. This would represent a substantial increase from the current output of approximately 960 million roses per year—a 34% rise over the past four years.
Saudi Reef supports over 400 farmers, particularly in regions renowned for rose cultivation such as Taif, Jazan, and Asir. The initiative aligns with the Kingdom's Vision 2030 objectives, focusing on food security, rural development, and agricultural efficiency. By promoting sustainable agricultural practices and empowering local farmers, the program seeks to reduce dependence on imports and boost exports to European and Asian markets.
To achieve these goals, Saudi Reef is implementing advanced agricultural technologies, including hydroponics, artificial intelligence, and smart greenhouse systems. These innovations aim to enhance production quality and water-use efficiency, addressing the challenges posed by the country's arid climate. Additionally, the program has introduced renewable-energy-powered desalination and climate-controlled technologies to overcome regional agricultural constraints.​
The initiative also emphasizes capacity building and knowledge transfer. During the Rose and Aromatic Plants Global Forum in Taif, Saudi Reef distributed 15,000 tissue-cultured seedlings to promote sustainability and boost production. The forum featured sessions on the challenges of Taif rose cultivation, the future of medical tourism in the Kingdom, and the role of artificial intelligence in enhancing product quality.​
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

UK PM to Join Zelensky, Trump in High-Level Talks
UK PM to Join Zelensky, Trump in High-Level Talks

See - Sada Elbalad

time15 hours ago

  • See - Sada Elbalad

UK PM to Join Zelensky, Trump in High-Level Talks

Nada Mustafa British Prime Minister (PM) Keir Starmer will join Ukrainian President Volodymyr Zelensky in his upcoming meeting with U.S. President Donald Trump on Monday, the Prime Minister's Office confirmed. In a statement, the office said that Starmer will attend the talks alongside several European leaders, stressing that he is prepared to support this next stage of renewed negotiations and will reaffirm his commitment that the UK's support for Ukraine will continue for as long as necessary. European Commission President Ursula von der Leyen, German Chancellor Friedrich Merz, French President Emmanuel Macron, Finnish President Alexander Stubb, and NATO Secretary-General Mark Rutte are also set to participate in Monday's meeting. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid Videos & Features Story behind Trending Jessica Radcliffe Death Video News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt News The Jessica Radcliffe Orca Attack? 100% Fake and AI-Generated

Natural Gas drops below $3: Key drivers behind the move
Natural Gas drops below $3: Key drivers behind the move

Mid East Info

time4 days ago

  • Mid East Info

Natural Gas drops below $3: Key drivers behind the move

By Daniela Sabin Hathorn, senior market analyst at Natural gas prices have finally broken below the critical $3 support level—a threshold that had consistently capped downside moves since the beginning of the year. After an initial dip beneath this level was quickly reversed, last week saw renewed bearish momentum, culminating in a nine-month low on Tuesday. Since then, prices have stabilised, with $2.85 emerging as a near-term support. Currently, natural gas is trading within a familiar range of $2.78 to $3.12—a zone that has historically seen frequent two-way price action. In the absence of a new catalyst, this suggests a potential period of sideways consolidation may be underway. Natural Gas (XNG/USD) daily chart Past performance is not a reliable indicator of future results. Fundamental drivers behind the price drop: The recent decline in natural gas prices can be traced to a combination of seasonal, structural, and geopolitical factors. Despite strong long-term fundamentals, short-term pressure has emerged from several key developments. First, weaker seasonal and industrial demand is contributing to the softening in prices. As the heatwave season begins to ease across major U.S. regions, electricity demand is starting to wane. This drop-off in peak power consumption is reducing near-term natural gas usage and putting downward pressure on spot prices. Industrial demand has also moderated slightly amid slower-than-expected manufacturing output. Furthermore, the supply side remains strong. Rising production and improved infrastructure are helping to keep the market well-supplied. The U.S. natural gas industry continues to pivot strategically toward more gas-focused drilling. This trend is being supported by the expansion of takeaway capacity through major pipeline projects. These developments are easing bottlenecks and facilitating higher throughput, increasing available supply in key hubs. Another important factor is the global expansion in LNG capacity, which has significant implications for price stability, which can lead to softer prices in Europe and Asia. While this supports U.S. export volumes in the long run, the flood of available supply—both domestically and internationally—may cap upside potential for U.S. prices, particularly if demand plateaus or weather-related consumption fails to spike. Finally, there's a geopolitical lens to consider. The market is beginning to factor in the possibility of a 'peace dividend', particularly if negotiations surrounding the war in Ukraine gain momentum. A de-escalation of that conflict would likely reduce the geopolitical premium currently embedded in global energy pricing. European prices have already shown signs of moderation on the back of easing tension, and a similar sentiment recalibration could weigh on U.S. gas if risk premia continue to unwind. In short, while structural demand for natural gas remains robust, a convergence of milder weather, strong production, global supply growth, and shifting geopolitical dynamics are all contributing to the recent correction in U.S. natural gas prices.

OPPO solidifies global patent leadership, ranked among the world's top ten Chinese patent filers in Europe and, USA
OPPO solidifies global patent leadership, ranked among the world's top ten Chinese patent filers in Europe and, USA

Mid East Info

time4 days ago

  • Mid East Info

OPPO solidifies global patent leadership, ranked among the world's top ten Chinese patent filers in Europe and, USA

Dubai, UAE, August 2025 — OPPO, a leading global smart device company, has confirmed its top ten world ranking among patent filers for Chinese companies, announcing that it has filed more than 115,000 patent applications worldwide, with 63,000 granted and approved. As of July 2025, the global consumer tech powerhouse has filed patents in more than 40 countries and regions, including 787 in the Middle East. In 2024, OPPO demonstrated significant intellectual property strength, ranking 7th globally for granted Chinese utility patents, 2nd among Chinese companies for European patents, and 6th among Chinese companies for US patents. According to the World Intellectual Property Organization (WIPO), OPPO ranks among the Top 14 global organizations filing patents under the PCT (Patent Cooperation Treaty) – an international agreement that allows businesses to file patent applications seeking intellectual property protection in multiple countries. Leading 5G network technology deployment: OPPO's commitment to advancing technology is underscored by its extensive 5G Standard Essential Patents (SEPs), which are deployed in over 40 countries and have been declared to the European Telecommunications Standards Institute (ETSI). A proactive contributor to 3GPP, OPPO this year ranks 8th globally for comprehensive 5G patent strength, according to LexisNexis IPlytics. The company maintains a leading global position in video standard patents and is significantly expanding its global AI patent portfolio, with a focus on key areas such as image processing, computer vision, voice technology, natural language processing, and machine learning. Supercharging flash charge technology: OPPO is also supercharging the adoption of its flash charge technology, which has been licensed to over 60 companies across various industries, including consumer electronics, shared power banks, and in-car charging. This expansion is driven by OPPO's 'Flash Initiative,' launched in 2021, which aims to integrate its innovative charging IP beyond smartphones into diverse applications for enhanced user convenience. Notably, OPPO's flash charge patented technology is now integrated into more than 10 million vehicles worldwide. Through strategic patent licensing collaborations with automotive manufacturers, chip makers, and module suppliers, OPPO is actively building a robust fast-charging ecosystem for the automotive sector, demonstrating its commitment to broad industry innovation.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store