Startup of the Week: Saudi business venture offers bright future for sustainable food production

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Oaesis’ mission was aligned with the Saudi Vision 2030 reform plan.
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Oaesis’ mission was aligned with the Saudi Vision 2030 reform plan.
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Oaesis’ mission was aligned with the Saudi Vision 2030 reform plan.
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Oaesis’ mission was aligned with the Saudi Vision 2030 reform plan.
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Oaesis’ mission was aligned with the Saudi Vision 2030 reform plan.
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Oaesis’ mission was aligned with the Saudi Vision 2030 reform plan.
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Oaesis’ mission was aligned with the Saudi Vision 2030 reform plan.
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Oaesis’ mission was aligned with the Saudi Vision 2030 reform plan.
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Oaesis’ mission was aligned with the Saudi Vision 2030 reform plan.
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Oaesis’ mission was aligned with the Saudi Vision 2030 reform plan.
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Oaesis’ mission was aligned with the Saudi Vision 2030 reform plan.
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Oaesis’ mission was aligned with the Saudi Vision 2030 reform plan.
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Updated 15 January 2020
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Startup of the Week: Saudi business venture offers bright future for sustainable food production

  • The startup will help toward achieving the Vision 2030 goal of reducing waste and providing better food using sustainable and efficient resources

JEDDAH: A Saudi startup is aiming to shed new light on food production using the latest laser technology.

Oaesis was established by entrepreneurs Vasiliki Kordopati and Robert Werfelmann with the support of the King Abdullah University of Science and Technology’s (KAUST) new-business accelerator program, to help solve the global problem of food scarcity by harnessing light to grow items sustainably.

The company’s laser-based artificial lighting system has proved to be a major boon to the horticulture industry since its introduction. “We utilize laser technology within the visible light spectrum, and we grow plants in a more efficient way,” Kordopati told Arab News.

“We noticed that most plants and salads we have (in the Kingdom) are imported, traveling long distances … so we asked ourselves: ‘Why not have indoor farms here in the region and in Saudi Arabia, where people can have fresh local produce with no pesticides or chemicals?’”

Oaesis is thought to be the world’s first provider of laser-based energy efficient grow lights for indoor farming, enabling growers to produce fresh, healthy, year-round vegetables and fruits.

“We utilize the laser technology providing artificial light with lower energy consumption and better efficiency,” Kordopati said. “This technology is capable of growing any kind of indoor farming plants (such as microgreens, lettuces, herbs and berries) on a commercial scale, maximizing yields effortlessly.”

She added that using light with less heat emissions was better for plants, with Oaesis’ system providing “up to 4.5 times more light to plants with almost 80 percent less heat emissions compared to current technologies. Our system is competitive with the cost of current technologies and has shown a 35 percent reduction of total operating costs for an indoor farm.”

Kordopati pointed out that the population of Saudi Arabia was expected to reach 39.5 million by 2030, “raising the need for food production by 35 percent.” One of the best potential sustainable ways of growing food locally was through the use of indoor/vertical farms, as opposed to traditional agricultural methods which used vast quantities of water and space.

“Saudi Arabia’s Vision 2030 tackles this problem by adapting more sustainable, productive and efficient ways to produce local food,” she said.

Oaesis’ mission was aligned with the Saudi Vision 2030 reform plan. “Our mission is to help more companies, locally and globally, to improve their farms and provide better, fresh and nutritious produce with less energy demands,” Kordopati added.

“Also, Oaesis will hopefully inspire new local and global indoor farms to enter the market in Saudi Arabia.”

In addition, the startup will help toward achieving the Vision 2030 goal of reducing waste and providing better food using sustainable and efficient resources. “We wish to see a future where energy is used as efficiently as possible.”

On the company’s name, Kordopati said: “We’re in Saudi Arabia, and when we think about plants in a desert, an oasis comes to mind … We’re making an imaginary oasis in the Kingdom, and we want to be unique in what we’re doing.”


Saudi Arabia pays Yemeni government $346.6m to meet salary shortfall

Updated 51 min 46 sec ago
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Saudi Arabia pays Yemeni government $346.6m to meet salary shortfall

  • The payment is part of the Kingdom’s ongoing work to promote stability and development for the Yemenis

RIYADH: Saudi Arabia has provided $346.6 million (1.3 blln SAR) to help pay Yemeni government employees the massive shortfall in their salaries.

The payment, under a ruling by Saudi Arabia’s King Salman and crown prince Mohammed bin Salman, was delivered through the Saudi Program for Development and Reconstruction of Yemen (SDRPY).

The payment is part of the Kingdom’s ongoing work to promote stability and development for the Yemenis, the SDRPY said in a statement released on its X.com account.

The statement added that the initiative aimed to strengthen economic, financial and monetary stability in Yemen, enhance the capacity of government institutions, improve governance and transparency, and enable the private sector to drive sustainable economic growth.

Yemeni Presidential Leadership Council chairman Rashad Al-Alimi thanked the Saudi royals for the support, describing it as an extension of the Kingdom’s longstanding support for the Yemeni people.

And Al-Alimi said the support sent a message of confidence in Yemen’s path of recovery as well as the in the government’s ability to strengthen national institutions and reinforce security and stability.

Adding that Yemen’s ongoing partnership with Saudi Arabia represented an important choice for a more stable future.

And he called for a unified effort to support the reconstruction of the country’s instituions, as well as improve living conditions and advance economic and social development.