TRSDC employs marine spatial planning tool to enhance biodiversity

‘TRSDC destinations will be environmentally smart by utilizing the latest technology to enhance visitors’ experiences. Additionally, the data will be stored into a smart environmental platform.’ (Supplied)
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Updated 23 June 2022
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TRSDC employs marine spatial planning tool to enhance biodiversity

  • The technology helps the company decide which island to develop, says official

RIYADH: The Red Sea Development Co. is using a marine spatial planning simulation — utilizing software specially developed in Saudi Arabia — to assess the developmental impact and enhance biodiversity.
Developed in partnership with King Abdullah University of Science and Technology, the technology plans, collects and analyzes oceanographic data that influences marine and terrestrial ecosystems and tracks net conservation benefits.
“Marine spatial planning helps the company decide which island to develop and which is most important to protect by integrating expert opinion, ecological principles, and a software-based decision support tool,” Lina Eyouni, environmental physical science manager, TRSDC, told Arab News on the occasion of UN World Oceans Day on June 8.
 




The company is contributing to this year’s theme by building cross-multiple partnerships that will enable the company to achieve its goal of 30 percent net conservation benefit throughout the project. — Lina Eyouni, Environmental physical science manager, TRSDC.

According to a TRSDC scientific paper titled “Reconciling Tourism Development and Conservation Outcomes Through Marine Spatial Planning for a Saudi Giga-Project in the Red Sea,” published in the scientific journal Frontiers in Marine Science, the company is developing comprehensive plans for enhancing coral reefs, which involves growing coral nurseries and breeding healthy corals.
The master plan for the development conserves 58 percent of the site’s marine area, with the development footprint only 5 percent of the total area.
The paper noted that the resulting conservation to development ratio of 10:1 was unprecedented in any documented coastal development plan.

HIGHLIGHTS

• The company is developing comprehensive plans for enhancing coral reefs, which involves growing coral nurseries and breeding healthy corals.

• The master plan for the development conserves 58 percent of the site’s marine area, with the development footprint only 5 percent of the total area.

• The paper noted that the resulting conservation to development ratio of 10:1 was unprecedented in any documented coastal development plan.

“The MSP’s primary goal is to utilize the marine environment in a way that won’t harm the ecosystem by reconciling all activities and development elements assessed by the master plan with net positive conservation outcomes,” said Bandar Makhdom, environmental engagement manager, TRSDC.
He added: “Through the MSP, activities generating positive and negative interactions were uncovered, as well as minor tactical adjustments to avoid negative synergies in the ecosystem.”
To mark the UN World Oceans Day, the company participated in a workshop titled “The Role of Scientific Research and Cooperation with Relevant Authorities in Preserving the Environments of the Red Sea,” sponsored by Saudi Arabia’s Minister of Environment, Water and Agriculture Abdul Rahman Al-Fadhli.
 




Through MSP technology, activities generating positive and negative interactions were uncovered, as well as minor tactical adjustments to avoid negative synergies in the ecosystem. — Bandar Makhdom, Environmental engagement manager, TRSDC.

“The company is contributing to this year’s theme by building cross-multiple partnerships that will enable the company to achieve its goal of 30 percent net conservation benefit throughout the project,” said Eyouni.
TRSDC is using adaptive ecosystem-based management for the environmental regulatory system, which will use observational data and associated modeling to provide scientific guidance for developing and protecting the ecosystem.
“TRSDC destinations will be environmentally smart by utilizing the latest technology to enhance visitors’ experiences. Additionally, the data will be uploaded and stored into a smart environmental platform to support science-informed adaptive ecosystem-based management,” she added.


Silver crosses $77 mark while gold, platinum stretch record highs

Updated 27 December 2025
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Silver crosses $77 mark while gold, platinum stretch record highs

  • Spot silver touched an all-time high of $77.40 earlier today, marking a 167% year-to-date surge driven by supply deficits
  • Spot platinum rose 9.8% to $2,437.72 per ounce, while palladium surged 14 percent to $1,927.81, its highest level in over 3 years

Silver breached the $77 mark for the first time on Friday, while gold and platinum hit record highs, buoyed by expectations of US Federal Reserve rate cuts and geopolitical tensions that fueled safe-haven demand.

Spot silver jumped 7.5% to $77.30 per ounce, as of 1:53 p.m. ET (1853 GMT), after touching an all-time high of $77.40 earlier today, marking a 167% year-to-date surge driven by supply deficits, its designation ‌as a US ‌critical mineral, and strong investment inflows.

Spot gold ‌was ⁠up ​1.2% at $4,531.41 ‌per ounce, after hitting a record $4,549.71 earlier. US gold futures for February delivery settled 1.1% higher at $4,552.70.

“Expectations for further Fed easing in 2026, a weak dollar and heightened geopolitical tensions are driving volatility in thin markets. While there is some risk of profit-taking before the year-end, the trend remains strong,” said Peter Grant, vice president and senior metals strategist ⁠at Zaner Metals.

Markets are anticipating two rate cuts in 2026, with the first likely ‌around mid-year amid speculation that US President Donald ‍Trump could name a dovish ‍Fed chair, reinforcing expectations for a more accommodative monetary stance.

The US ‍dollar index was on track for a weekly decline, enhancing the appeal of dollar-priced gold for overseas buyers.

On the geopolitical front, the US carried out airstrikes against Daesh militants in northwest Nigeria, Trump said on Thursday.

“$80 in ​silver is within reach by year-end. For gold, the next objective is $4,686.61, with $5,000 likely in the first half of next ⁠year,” Grant added.

Gold remains poised for its strongest annual gain since 1979, underpinned by Fed policy easing, central bank purchases, ETF inflows, and ongoing de-dollarization trends.

On the physical demand side, gold discounts in India widened to their highest in more than six months this week as a relentless price rally curbed retail buying, while discounts in China narrowed sharply from last week’s five-year highs.

Elsewhere, spot platinum rose 9.8% to $2,437.72 per ounce, having earlier hit a record high of $2,454.12 while palladium surged 14% to $1,927.81, its highest level in more than three years.

All precious ‌metals logged weekly gains, with platinum recording its strongest weekly rise on record.