Versuchen GOLD - Frei
FEEDERS
Forbes Middle East - English
|Oct 2023
The cofounders of Saudi's RedSea are on a mission to change how food is sourced in harsh climates, building luscious farms in the arid desert to feed over a billion people.
In 2018, as the earth faced its fourth warmest year since 1880, three old college friends in Saudi embarked on a journey to leverage technology to sustain food production. Their goal was to overcome the challenges presented by rising temperatures and water scarcity in order to stabilize the food supply. “The idea was simple yet ambitious: to use cutting-edge technology to make local, sustainable food production a reality for over a billion people living in desert areas,” says Ryan Lefers, CEO and Cofounder of RedSea, a Makkah-based startup that’s been enabling commercial farming in harsh climates for five years.
Having launched in a desert country with no permanent rivers or lakes and very little rainfall, Lefers, Mark Tester, and Derya Baran—who met on campus at the King Abdullah University of Science and Technology—are now growing a variety of crops, including snack peppers, tomatoes, cucumbers, and strawberries. The company helps reduce the water usage and carbon footprint of agricultural processes, with combined savings of up to 90%. Today, its patented technologies are used in 12 countries across five continents, from Spain to Saudi Arabia.
The demand for sustainable agricultural technologies has reached a critical level, particularly due to the pressing issue of water scarcity in MENA. According to the Organisation for Economic Co-operation and Development, 12 of the 17 most water-stressed countries in the world are in MENA.
Diese Geschichte stammt aus der Oct 2023-Ausgabe von Forbes Middle East - English.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Forbes Middle East - English
Forbes Middle East - English
CHICKEN SCRATCH
NO ONE WOULD FINANCE TODD GRAVES' IDEA FOR A RESTAURANT SERVING ONLY CHICKEN FINGERS. SO HE WORKED AS A BOILERMAKER AND SALMON FISHER TO FUND IT HIMSELF. NOW RAISING CANE'S IS ONE OF AMERICA'S HOTTEST FAST-FOOD CHAINS AND GRAVES IS THE COUNTRY'S RICHEST RESTAURATEUR, WORTH $22 BILLION.
12 mins
November 2025 - English - Forbes Middle East
Forbes Middle East - English
RIDING THE WAVE
Saudi Arabia's tourism revival under Vision 2030 is creating new opportunities. For Taiba CEO Sultan Al-Otaibi, acting fast is imperative and so is investing $880 million in eight prime projects to keep pace with rising demand.
5 mins
November 2025 - English - Forbes Middle East
Forbes Middle East - English
CEO Pay Power Play
Executive compensation across corporate America surged in 2024, driven by stock options and performance bonuses.
2 mins
November 2025 - English - Forbes Middle East
Forbes Middle East - English
Gold Rally Pushes 5 Arab Reserves Above $145B
Gold hit a historic milestone in October 2025, surpassing $4,350 per ounce for the first time, fuelled by rising geopolitical tensions and expectations of monetary easing.
2 mins
November 2025 - English - Forbes Middle East
Forbes Middle East - English
Women Taking Over The Corner Office In 2025
Though women held only 9.8% of CEO roles across S&P 500 companies in Q1 2025, according to Altrata, several notable female leaders have recently taken the helm of major firms globally, from Wall Street to Shanghai, across banking, beauty, aviation, and technology.
4 mins
November 2025 - English - Forbes Middle East
Forbes Middle East - English
THE MIDDLE EAST'S 100 TOP CEOs 2025
Our fifth annual list of the Top 100 CEOs in the Middle East spotlights leaders whose influence extends far beyond business performance.
1 min
November 2025 - English - Forbes Middle East
Forbes Middle East - English
Value & Victory
FINAL THOUGHT - “If your courage rises when difficulties befall, you are made of the stuff that wins.” —B.C. Forbes
1 min
November 2025 - English - Forbes Middle East
Forbes Middle East - English
The World's Highest-Paid Soccer Players 2025
Cristiano Ronaldo leads a group of ten footballers collectively earning $945 million this season, but as the sun sets on his legendary career, two young stars are stepping into the spotlight.
4 mins
November 2025 - English - Forbes Middle East
Forbes Middle East - English
EMPOWERING INDUSTRIES
Majed Al-Argoubi, CEO of the Saudi Authority for Industrial Cities and Technology Zones (MODON), is reshaping Saudi Arabia's industrial landscape, driving growth across 39 industrial cities spanning over 220 million sqm. His focus: modernizing the sector, empowering SMEs, and positioning the kingdom as a global manufacturing and technology hub.
5 mins
November 2025 - English - Forbes Middle East
Forbes Middle East - English
Brain Man
HERRIOT TABUTEAU combined a Yale medical degree with two decades in finance to start biotech firm AXSOME. Now its success with drugs for neurological disorders has made the Haiti-born immigrant a new billionaire.
4 mins
November 2025 - English - Forbes Middle East
Translate
Change font size
