TRSDC showcases starry night in bid to become world’s largest dark sky reserve

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Updated 14 May 2022

TRSDC showcases starry night in bid to become world’s largest dark sky reserve

TRSDC showcases starry night in bid to become world’s largest dark sky reserve

RIYADH: Astronomers and tourism chiefs were among those to take in a starry night at a special event organized by The Red Sea Development Co., to highlight the project’s desire to create a Dark Sky Reserve.

The company declared in March that it wants to become the biggest such reserve in the world, and is seeking an accreditation that acknowledges places with excellent starry nights and a dedication to nighttime environmental protection.

With this in mind, the company organized a night event at a desert site in the company’s project area on Sunday, aiming to spread awareness on the essentialness of implementing sustainable changes to how we view and use light to minimize environmental damage.

Attendees ranged from the company’s team members to guests from the astronomy, tourism, and environmental sector in Saudi Arabia, who took turns in explaining the importance of preserving dark skies by implementing solutions that minimize light pollution — a key antagonist in the dark sky world.




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In an interview with Arab News, Myriam Patricia Lopez, TRSDC’s lighting director, said: “We think it’s really important to inform everybody about the purpose of keeping our pristine dark skies and what we can do to avoid light pollution.”

The company is keen on becoming a tourism entity that preserves all aspects of nature, according to Lopez, with Dark Sky being one of their main initiatives.

“By all of these series of principles and ideas, we’re aiming to set the standards and to show to Saudi and to the world that we can have beautiful developments, and protect our nature, protect their sensitive species, and in this case, dark sky,” she added.


Read more: More than 75% of TRSDC buildings aiming for top global sustainability rating





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Today’s generation is the first ever to not be able to see stars in the dark night sky, with light pollution being the main catalyst of this phenomenon, according to Ahmad Al Thaher, a delegate member of the International Dark Sky Association.

“We tend to increase our use of light without actually seeing its effect on our culture. We don’t see the harm of the light anymore, we see it as a safe sign; we just turn on the light and live all the remaining day,” said Ahmad Al-Thaher in an exclusive interview with Arab News.

According to him, stars are not just essential to be seen with the naked eye, they are also important to Arabian culture.

“If we switch off the lights, immediately, we can see the stars. But we cannot just rebuild the whole cultural knowledge that we have lost over the years; we cannot just bring back the biodiversity we lost by light pollution over the years,” he added.




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Al-Thaher, also founder of Judai stargazing, further laid claims that the company is the first commercial entity in the world to fully adapt the dark sky principle.

“Now with the TRSDC, we see also the hotels, and the resorts are also adopting these principles. This has never been done in the whole world,” he said.

Other sustainability efforts by the group include sustainable mobility, sustainable utilities, eco-friendly construction, and proper waste management.

The company’s main goals once its facilities are fully operational include eradicating single-use plastics, zero waste to landfill, and zero discharge to the sea.


Oil drops to 12-week low on recession worries

Oil drops to 12-week low on recession worries
Updated 30 sec ago

Oil drops to 12-week low on recession worries

Oil drops to 12-week low on recession worries

NEW YORK: Oil prices dropped to a 12-week low in volatile trade on Wednesday, extending Tuesday’s heavy losses as growing fears of demand destruction from a global recession outweighed supply concerns.

Brent futures for September delivery fell $2.99, or 2.9 percent, to $99.78 a barrel by 10:57 a.m. EDT (1457 GMT), while US West Texas Intermediate crude fell $3.19, or 3.2 percent, to $96.31.

That puts WTI and Brent on track for their lowest closes since April 11, after Brent fell 9 percent and WTI fell 8 percent on Tuesday.

It also put both benchmarks in technically oversold territory with a relative strength index below 30 for a second day in a row. If Brent closes at that level, it would be the first time it remains in oversold territory for two days since December 2021.

Oil prices were also knocked down by a soaring US dollar , which rose to a near 20-year high against a basket of other currencies.

A stronger US dollar makes oil more expensive for holders of other currencies, which can curb demand.

In China, the world’s biggest oil importer, the market worried that new COVID-19 lockdowns could cut demand.

China’s crude oil imports from Russia, meanwhile, soared 55 percent from a year earlier to a record level in May. Russia displaced Saudi Arabia as the top supplier as refiners cashed in on discounted supplies amid sanctions on Moscow over its invasion of Ukraine.

Adding to downward pressure on oil prices, Equinor ASA said all oil and gas fields affected by a strike in Norway’s petroleum sector are expected to be back in full operation within a couple of days.


NRG Matters: Egypt, UAE agree to establish 10 GW wind power project; Shell to build Europe’s largest hydrogen plant


NRG Matters: Egypt, UAE agree to establish 10 GW wind power project; Shell to build Europe’s largest hydrogen plant

Updated 39 min 32 sec ago

NRG Matters: Egypt, UAE agree to establish 10 GW wind power project; Shell to build Europe’s largest hydrogen plant


NRG Matters: Egypt, UAE agree to establish 10 GW wind power project; Shell to build Europe’s largest hydrogen plant


RIYADH: On a macro level, Egypt and the UAE agreed to establish a 10GW wind power project. Zooming in, British oil firm Shell has decided to build Europe’s largest hydrogen plant from renewable power. 

Looking at the bigger picture

• Egypt and the UAE have agreed to establish a 10 GW wind farm, Ahram newspaper reported citing Electricity Minister Mohamed Shaker. 

Without providing further details, Shaker added that the deal is set to be signed after the Eid Al-Adha holidays. 

• The EU plans to become the top investor in the world’s tallest dam in Tajikistan, Reuters reported citing EU officials.

It is part of the strategy aimed at helping the Central Asia cut its reliance on Russian energy. 

Through a micro lens:

• South Korea’s Doosan Heavy Industries and Construction will implement Saudi Aramco’s estimated $500 million Jafurah cogeneration independent steam and power plant project, according to MEED.

• British oil firm Shell has decided to build Europe’s largest plant producing hydrogen from renewable power, according to Bloomberg. 

The Holland Hydrogen I will include 200 MW of electrolyzers, powered by a wind farm off the coast of the Netherlands, which is 10 times the size of the largest existing green hydrogen facility in Europe. 


Techies in Dubai boast top-dollar salaries 

Techies in Dubai boast top-dollar salaries 
Updated 06 July 2022

Techies in Dubai boast top-dollar salaries 

Techies in Dubai boast top-dollar salaries 
  • Software engineers in Dubai earn nearly 30% more than workers in London, Amsterdam and Berlin

LONDON: Software engineers in Dubai with at least three years of experience earn the third highest salaries in the world compared to other global technology hubs, according to global consulting firm Mercer.

When compared to other global tech hubs such as London, Amsterdam, and Berlin, software engineers in Dubai earn nearly 30 percent more.

This reaffirms the UAE’s ambition to attract top digital talent and become a global tech talent magnet that fuels the digital economy’s growth.

Mercer’s Cost of Living 2022 survey also revealed that while Dubai ranked as the 31st most expensive city to live and work in for expatriates this year, its cost of living remains significantly lower than most tech hubs, including London (seventh), Singapore (eighth), New York (11th), San Francisco (19th), and Amsterdam (25th).

Almost 60 percent of UAE employers provide flexible working, reducing employees’ transportation costs. Dubai is also less expensive in terms of housing and rental costs, which accounts for a significant portion of the cost of living in a city.

“Dubai’s status as a global business hub, coupled with its income tax-free environment, world-class infrastructure, safety, and high quality of life make the emirate a very attractive market for talent,” said Vladimir Vrzhovski, workforce mobility leader at Mercer Middle East.

He added: “The demand for tech talent, in particular, will continue to grow in the UAE given the nation’s drive to be a global capital of the digital economy. Above all, a key incentive for tech talent is the opportunity for a significant uplift in salary when compared to other tech hubs, where the cost of living is higher in terms of transportation and housing.

“While inflation and rising fuel costs are a pressure on the cost of living around the globe, Dubai is building a nurturing and highly competitive tech ecosystem that pays highly competitive salaries — creating an environment that promises to attract and retain the best talent globally.

“Over the years, the UAE has also implemented several initiatives that make it easier for talent to live, work and stay in the country. The launch of the Golden Visa program in addition to Dubai’s recently announced Talent Pass aims to attract global professionals in the fields of technology amongst other key areas.

“National initiatives, such as the National Program for Coders launched last year, is designed to attract 100,000 coders from around the globe and set up 1,000 digital companies by 2026.”


Ben & Jerry’s sues parent Unilever to block sale of Israeli business

Ben & Jerry’s sues parent Unilever to block sale of Israeli business
Updated 06 July 2022

Ben & Jerry’s sues parent Unilever to block sale of Israeli business

Ben & Jerry’s sues parent Unilever to block sale of Israeli business

NEW YORK: Ben & Jerry’s on Tuesday sued its parent Unilever Plc to block the sale of its Israeli business to a local licensee, saying it was inconsistent with its values to sell its ice cream in the occupied West Bank, according to Reuters.

The complaint filed in the US District Court in Manhattan said the sale announced on June 29 threatened to undermine the integrity of the Ben & Jerry’s brand, which Ben & Jerry’s board retained independence to protect when Unilever acquired the company in 2000.

An injunction against transferring the business and related trademarks to Avi Zinger, who runs American Quality Products Ltd, was essential to “protect the brand and social integrity Ben & Jerry’s has spent decades building,” the complaint said.

Ben & Jerry’s said its board voted 5-2 to sue, with the two Unilever appointees dissenting.

Unilever, in a statement, said it does not discuss pending litigation, but that it had the right to sell the disputed business and the transaction had already closed.

“It’s a done deal,” Zinger’s lawyer Alyza Lewin said in a separate statement. The sale resolved Zinger’s own lawsuit in March against Ben & Jerry’s for refusing to renew his license.

The dispute highlights challenges facing consumer brands taking a stand on Israeli settlements in the occupied West Bank.

Most countries consider the settlements illegal. In April 2019, Airbnb Inc. reversed a five-month-old decision to stop listing properties in the settlements.

Last July, Ben & Jerry’s said it would end sales in the occupied West Bank and parts of East Jerusalem, and sever its three-decade relationship with Zinger.

Israel condemned the move, and some Jewish groups accused Ben & Jerry’s of anti-Semitism. Some investors, including at least seven US states, divested their Unilever holdings.

Unilever has more than 400 brands including Dove soap, Hellmann’s mayonnaise, Knorr soup and Vaseline skin lotion.

Ben & Jerry’s was founded in a renovated gas station in 1978 by Ben Cohen and Jerry Greenfield.

No longer involved in Ben & Jerry’s operations, they wrote in the New York Times last July that they supported Israel but opposed its “illegal occupation” of the West Bank. 

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Kuwait Lender KFH to acquire Bahrain's Ahli United for $12bn

Kuwait Lender KFH to acquire Bahrain's Ahli United for $12bn
Updated 06 July 2022

Kuwait Lender KFH to acquire Bahrain's Ahli United for $12bn

Kuwait Lender KFH to acquire Bahrain's Ahli United for $12bn

RIYADH: Kuwait Finance House has agreed to fully acquire Ahli United Bank for $11.6 billion.

KFH plans to offer one share per 2.695 shares of Ahli United, implying a $1.04 offer price, according to Bloomberg.

Through the merger, the Gulf will have its seventh-largest lender worth $115 billion, a rare cross-border acquisition.