The Middle East’s
1. Nadhmi Al-Nasr
Designation: CEO
Company: NEOM
Established: 2019
Headquarters: Saudi Arabia
In February 2024, NEOM established a joint venture with the Tabuk Fisheries Company. Topian Aquaculture will produce 600,000 tons of fish products per year by 2030. It will include a hatchery with a planned capacity of 42 million fingerlings per year and marine pen production facilities. In April 2024, scientists at the King Abdullah University of Science and Technology (KAUST) began work on the KAUST Coral Restoration Initiative’s first nursery. The nursery is set to have a production capacity of 40,000 corals per year. A secondary facility with a capacity of 400,000 corals per year is anticipated to be completed by December 2025.