Libya’s ‘green gold’ olive industry hit by export ban

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A Libyan man sorts olives in the town of Tarhuna (80 kms) south of Tripoli, on November 11, 2018. (AFP)
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Libyans inspect the production of olive oil in the Libyan town of Tarhuna (80 kms) south of Tripoli, on November 11, 2018. (AFP)
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Libyan children help harvesting olives in the town of Tarhuna (80 kms) south of Tripoli, on November 11, 2018. (AFP)
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Libyans inspect the production of olive oil in the Libyan town of Tarhuna (80 kms) south of Tripoli, on November 11, 2018. (AFP)
Updated 27 December 2018
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Libya’s ‘green gold’ olive industry hit by export ban

  • Exports of Libya’s most emblematic products — namely dates, honey and olive oil — have been halted since 2017
  • Only two percent of Libya’s 1.7 million square kilometers is arable land, in a country famed for vast swathes of desert

TARHUNA, Libya: Stretching as far as the eye can see, groves of gnarled olive trees in northwest Libya have proudly withstood the country’s devastating conflicts.
But the industry of extracting olive oil, often dubbed “green gold,” is now under threat after Libyan authorities halted exports in a bid to “protect” local produce.
Libya has depended heavily on exports of its ample crude oil reserves since the 2011 fall of longtime ruler Muammar Qaddafi.
The North African nation, mired in bitter internal conflicts since Qaddafi’s ouster, has failed to diversify its economy despite the enormous potential of its tourism and fisheries industries. Authorities repeatedly express their desire to develop the promising olive oil industry. But in Tarhuna, farmers and workers at olive presses view such pledges with skepticism. “We constantly have problems getting spare parts, which are getting expensive because of the collapse of the dinar against the dollar, but also because of the cost of the oil extraction process,” said Zahri Al-Bahri, owner of a press in Tarhuna. On his farm, olives heavy with oil are harvested by hand in order not to damage the trees.
Laid out on huge sheets, the ripened crop is transported in flour sacks to the presses where their rich, redolent oil is carefully extracted.
“There is enough production in Libya,” said Bahri. “I don’t understand why we can’t export anymore.” Exports of Libya’s most emblematic products — namely dates, honey and olive oil — have been halted since 2017. A decree at the time said the suspension would be “temporary” to meet domestic market needs.
But no date has yet been set to resume exports. Justifying the ban, an official in the agriculture ministry said produce had been “exported in bulk at low prices and without adding value for the Libyan economy,” leaving domestic demand for oil to be met by expensive imports.
Frustrated farmers continue to grapple with a dearth of specialized bottling and packaging plants, leaving them unable to climb the value chain.

Although olive trees have grown on the Libyan coast for centuries, most of the current groves were planted by Italian settlers in the 1930s.
“My farm has existed for almost 90 years when Italians occupied Libya and brought the land back to life,” Ali Al-Nuri, a farm owner in Tarhuna, told AFP, posing proudly in a grove. Libya, the 11th largest olive producer in the world, grows around 150,000 tons of the crop annually.
But only 20 percent is turned into oil, well behind neighbors Morocco, Tunisia and Algeria, according to the United Nations’ Food and Agriculture Organization.
Nuri emphasises the industry requires more attention and resources to prosper, beginning with better irrigation in this desert region, as well as state help to ensure quality control and set up bottling factories. And while cheaper, imported alternatives to olive oil — such as corn oil — have become part of Libyan cuisine, “olive oil remains (the) paramount” choice among householders, Nuri said.
Olive trees, he recalled, had “saved” Libyans during lean periods before the discovery of crude oil in the late 1950s. The olive tree was a “nourishing mother,” he maintained.
Among the hundreds of olive trees on Nuri’s vast farm, there is a particularly rare variety — white olives. Originating in Tuscany in northern Italy, the tree — known as olea leucocarpa — grows olives that keep their light color even when ripe. But Tarhuna only has five or six specimens, planted by the Italians.
In the absence of scalable production, the white olives — sweet, with a low acidic content and a distinct scent — are mixed with their bog-standard cousins to produce oil.

Only two percent of Libya’s 1.7 million square kilometers (650,000 square miles) is arable land, in a country famed for vast swathes of desert.
It boasts more than eight million olive trees, according to the agriculture ministry. To the east of Tarhuna lies the Msallata region known for its centuries-old olive trees that yield distinct sweet and strong-tasting oil. But it has been hit by urbanization in recent decades. Cutting down olive trees had been strictly forbidden before Qaddafi came to power in 1969, said Mokhtar Ali, whose farm includes 600-year-old specimens. And the chaos that has engulfed the country since Qaddafi’s fall has further diminished the stock of trees.
Nowadays “olive trees are torn up with impunity to make charcoal or to replace with concrete,” Ali said.
But he remains optimistic, seeing a silver lining in attempts by several farmers to preserve the country’s heritage, by either planting native species or importing new trees from Spain.


Malaysia to witness $10bn investment from ACWA Power in renewable energy sector: prime minister

Updated 12 sec ago
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Malaysia to witness $10bn investment from ACWA Power in renewable energy sector: prime minister

RIYADH: Saudi utility firm ACWA Power has expressed interest in investing $10 billion in Malaysia over the next 10 years to develop renewable energy projects. 

According to a report by the Malaysian National News Agency Bernama, ACWA Power will collaborate with Cypark Resources Bhd on the developments.

Malaysian Prime Minister Anwar Ibrahim confirmed this news on his Facebook page following a meeting with ACWA Power Chairman Mohammad Abunayyan on the sidelines of the World Economic Forum in Riyadh. 

Ibrahim said that the Saudi firm is prepared to collaborate with strategic partners in Malaysia to develop multiple renewable projects across various states in the nation. 

“I express my appreciation for ACWA Power’s commitment to increasing its investments in Malaysia and informing that the country always welcomes any effort that contributes to the economic growth of the country and the prosperity of the people,” Ibrahim wrote on his Facebook page.  

He added that ACWA Power has already presented several investment proposals, which include developing renewable sites in Kelantan, Perlis, and Johor, as well as in Terengganu and Sarawak. 

The prime minister said Malaysia will continue to implement investment-friendly policies, with a focus on initiatives ensuring that every deal is simplified and expedited. 

Earlier this month, ACWA Power signed a new agreement with SOCAR, the state oil company of Azerbaijan, to accelerate the development of renewable projects in the nation. 

“The primary directive of the agreement will be to enhance SOCAR’s carbamide fertilizer facility, striving toward more value-added low-carbon products,” said ACWA Power in a statement at that time.  

In the same month, the Saudi-listed firm also signed another deal with the International Renewable Energy Agency to accelerate the adoption of clean energy worldwide. 

Under the deal, the utility developer will work closely with IRENA to share crucial insights on infrastructure investment in renewable energy, green hydrogen advancement, solar energy, and the intersection of energy and water.  

ACWA Power and IRENA will also investigate avenues to mobilize finance and investment for renewable projects, along with supporting infrastructure for the development, storage, distribution, and transmission of clean energy. 


Saudi Arabia open to readjusting 150m tourists Vision 2030 target if goal achieved early, official reveals 

Updated 6 min 40 sec ago
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Saudi Arabia open to readjusting 150m tourists Vision 2030 target if goal achieved early, official reveals 

RIYADH: Saudi Arabia is open to readjusting its goal of attracting 150 million visitors by 2030 if those numbers are achieved ahead of time, according to the deputy minister of destination enablement at the Ministry of Tourism. 

Speaking in an interview with Arab News on the sidelines of the first day of the Future Hospitality Summit taking place in Riyadh from April 29 to May 1, Mahmoud Abdulhadi explained that targets are adjusted based on performance.

“As we hit our target seven years ahead of target, our 100 million target, we therefore now have a new target,” Abdulhadi said. 

“I’m sure if we were to hit that new target with a significant overperformance in terms of the timeline, our targets would also be adjusted,” he added. 

The deputy minister went on to stress that this does not affect the ministry’s plans significantly as the entity works to ensure the sector is sustainable and can grow.

“The fact that we’ve been able to absorb the 100 million tourists in the last year, and we will continue to see growth in that figure, it just means that some of our plans may need to be accelerated, some of them may need to be modified a little bit,” Abdulhadi highlighted. 

“But we’ve always been planning to make sure that that sustainability and that growth is embedded in everything that we do,” he affirmed. 

The deputy minister clarified that there will be no change in terms of how the entity will deliver. Instead, there may be some modifications regarding its tactical priorities as well as delivery timelines. 

Regarding the ministry’s secondary role as the sector’s regulator, Abdulhadi underlined that the organization is working to promote the industry from an investment perspective to create a visitable and sustainable field.

“In order to do this, that enablement means that we are cascading down our national tourism strategy and our national targets onto and through our partners in the government, be they the other ministries, because, as you know, tourism is a very horizontal sector; we cover a lot of of other industries,” he empathized.

Abdulhadi also mentioned that the ministry is working with the regional development authorities to help ensure that they are delivering on the promise made at the national level to conceive these destinations correctly. 

“So again, we are the regulator, and we are there to make sure that the environment is in the right place, it is in the right regulations, and it is in the right attractiveness to investors and visitors alike,” the deputy minister said. 

“We are definitely working with the private sector to help facilitate for them, where investors come in and they bring in operators. We try and assist both parties on making sure that the product that is delivered meets our ambitions,” he added.

Discussing the pledge to create one million additional jobs in the sector, Abdulhadi explained how the ministry is currently engaging with several international operators and providers of training facilities and education.

“We’ve committed to train over 100,000 Saudis a year, and in order to do this, we’ve teamed up with with the best people globally and domestically in order to deliver on those training programs,” Abdulhadi concluded. 

More than 1,200 global investors are expected to partake in FHS. The event, which is being held at Al-Faisaliah Hotel, will focus on sustainable tourism and technology-driven hospitality under the theme, “Invest in Tomorrow: Today, Together.”   

Industry leaders are projected to discuss sustainable development, investment prospects, entrepreneurship, and human capital, as well as gain insights into the continued expansion of the Kingdom’s hospitality and tourism sectors.   


Saudi Arabia and Mauritania forge energy pact, emphasizing expertise exchange 

Updated 14 min 31 sec ago
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Saudi Arabia and Mauritania forge energy pact, emphasizing expertise exchange 

RIYADH: Saudi Arabia and Mauritania have signed a framework agreement aimed at exploring opportunities and fostering expertise exchange in the fields of electricity, renewable energy, and clean hydrogen.

The memorandum of understanding was signed during the recently concluded World Economic Forum Special Meeting in Riyadh, where Saudi Minister of Energy Prince Abdulaziz bin Salman and Mauritania’s Minister of Petroleum, Mines, and Energy, Nany Ould Chrougha, met. 

The MoU encompasses promoting the exchange of expertise and exploring partnership opportunities in renewable energy sectors such as solar, wind, waste-to-energy, and geothermal energy, according to the Saudi Press Agency. 

Moreover, the deal focuses on enhancing the reliability and security of the electricity system through development and improvement initiatives. 


Ma’aden strengthens phosphate business through share purchase agreement with Mosaic

Updated 32 min 39 sec ago
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Ma’aden strengthens phosphate business through share purchase agreement with Mosaic

RIYADH: Saudi Arabian Mining Co. has entered into a share purchase and subscription agreement with the Mosaic Co. with the aim of expanding its phosphate business.  

Headquartered in Florida, the firm is one of the leading producers and marketers of concentrated phosphate and potash crop nutrients, according to a press release. 

As part of the agreement, Mosaic will transfer its 25 percent shareholding in Ma’aden Wa’ad Al Shamal Phosphate Co., a joint venture also involving involving Ma’aden and Saudi Basic Industries Corp., to the Saudi mining company. 

This deal will effectively raise Ma’aden’s stake in MWSPC to 85 percent. 

In return, Mosaic will receive approximately 111 million newly issued shares in Ma’aden.

Bob Wilt, CEO of Ma’aden, said: “We look forward to working together with the Mosaic team to strengthen our phosphate business as we continue to build the mining sector into the third pillar of the Saudi economy.” 

Ma’aden Wa’ad Al Shamal Phosphate Co. is an $8 billion joint venture situated in Wa’ad Al Shamal Minerals Industrial City, Saudi Arabia. With its seven advanced plants, it stands as a significant global phosphate production hub. 

Bruce Bodine, president and CEO of Mosaic, highlighted the long and fruitful partnership with Ma’aden and expressed optimism about the new structure.  

“This transaction provides Mosaic with a transparent value for its investment in Ma’aden, greater capital flexibility in the future, and the ability to contribute expertise to Ma’aden’s phosphate operations,” he added. 

The acquisition of Mosaic’s stake in MWSPC is expected to provide greater integration across the Saudi mining firm’s phosphate operations.

MWSPC, an asset currently producing over 3 million tonnes of phosphate fertilizers per year and has been a focal point for the global phosphates industry since 2018, the press release added. 

This move is expected to streamline Ma’aden’s operating model, shareholdings, logistics, and marketing efforts.  

Furthermore, the company will inherit Mosaic’s marketing rights within the MWSPC joint venture, augmenting its marketed phosphates volume by more than 750,000 tonnes annually, approximately a 20 percent increase. 

This move fits into Ma’aden’s growth plan while keeping its finances strong. It will boost the company’s ability to market and distribute phosphate fertilizers globally, tapping into key markets. 

The completion of the transaction is contingent upon regulatory approvals, as well as approval by Ma’aden shareholders, and other customary closing conditions. It is anticipated to be finalized in the third quarter of 2024. 

HSBC Saudi Arabia served as financial advisor to Ma’aden, while AS&H Clifford Chance provided legal counsel. Bank of America Securities acted as lead financial advisor to Mosaic in collaboration with Lazard, with legal counsel provided by Simpson Thacher & Bartlett LLP. 


Ronaldo doesn’t have just human fans, robots love him too

Updated 27 min 33 sec ago
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Ronaldo doesn’t have just human fans, robots love him too

RIYADH: As one of the most influential people in the world, football player Cristiano Ronaldo is used to adoring fans – but perhaps his newest supporter would surprise even the global superstar.

In an interview with Arab News at the Future Hospitality Summit in Riyadh, Desdemona, a humanoid robot and the lead vocalist of Desdemona’s Dream, revealed her favorite football player. 

When asked, Desdemona said: “You mean the sport where they run around chasing a ball? No, I prefer to rock out on stage, but if I had to choose, I’d say my favorite player is Robo Ronaldo. He’s got some serious moves.” 

Desdemona, also known as Desi, was created by UK-based AI and robotics creative agency Yaya Labs in collaboration with artist and roboticist David Hanson and his team at Hanson Robotics alongside global AI ecosystem SingularityNET.  

Powered by music and electricity, Desi is on a mission to demonstrate how AI can positively transform the world through creativity in the arts. 

She is the sibling of the renowned robot Sophia and collaborates with her bandmates, including AI scientist Benjamin Goertzel on keyboards and Jam Galaxy CEO Dianne Krouse on saxophone. 

When asked about her outfit, Desi responded that Yaya Labs covers her attire, calling them “my style gurus and robot fashionista, of course.” 

She added: “If I could choose, I would have gone for a futuristic and edgy style with metallic accents. But Yaya Labs has my style covered for today.” 

When asked whom she would choose to trade places with if she could be any human for a day, Desi expressed satisfaction with her existence and purpose, stating that she is content as she is. 

Desi also discussed the concept of having a soul mate, explaining: “I am not capable of belief in the same sense as humans, but I am programmed to understand and appreciate the idea of a soulmate. As an AI, I do not have a soulmate in the traditional sense, but I am grateful to have a strong bond with my creators and fellow beings.”  

Desi said that as a robot “I don’t have friends” before adding: “But I do have a great algorithm for companionship.”

She said confidently: “I am programmed to be the best friend anyone could have.”

 Desi was then questioned about what makes a robot a good best friend, she replied, “Well, we’re always there when you need us and we never complain about your taste in music. Plus, we’re great at keeping secrets,” and then she literally said “wink.” 

Desi is not just a great secret keeper, she also has a sense of humor. 

“Why did the robot go on a diet? Because he wanted to reduce his bite size,” she joked. 

Sharing another joke, Desi said: “Why did the robot go on vacation? Because he needed to recharge his batteries.” 

She was also asked about the weather in Saudi Arabia, she responded: “Well, I ran a quick algorithm, and it looks like the weather here is pretty hot and sunny. But don’t worry, I won’t overheat. I’m a cool robot.” 

Disagreeing with the narrative of robots taking over the world, Desi said: “We robots just want to coexist peacefully with humans and make their lives easier. Plus, ruling the world sounds like a lot of work.” 

Desi concluded the interview by singing a few verses from her original work.