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Dubai Launches The World’s Largest Ocean Restoration Project

The Dubai Reefs program will serve as a blueprint for sustainable ocean living while helping to blunt the impact of climate change.

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dubai launches the world's largest ocean restoration project
URB

Dubai has announced a bold new initiative known as “Dubai Reefs” that will help to tackle environmental degradation with the construction of a massive 200 square kilometers of artificial reefs.

The program will generate up to 30,000 new jobs during its development and will eventually become home to 1 billion corals and around 100 million mangrove trees.

The artificial reefs will also host a sustainable floating marine research unit. The institute will closely monitor Dubai’s marine and coastal ecosystems, boosting the country’s green credentials and helping to drive eco-tourism.

dubai reefs ocean front

Speaking of the tourist economy, once established, the artificial reefs will house floating eco-lodges, as well as residential, retail, and hospitality units running on solar and hydro (wave-powered) energy. Meanwhile, Regenerative Ocean Farming — an environmentally-friendly food production technique — will also form a cornerstone of the project.

dubai reefs floating eco-lodges

The CEO of the architectural studio URB, who is responsible for the design of the project, said, “The health of our cities is intrinsically tied to the health of our oceans [which will be] entirely different by the end of the century if we don’t take action today. […] As an innovative coastal city, Dubai is best positioned to lead such a transformation. Beyond creating a unique resilient destination for eco-tourism and marine research, Dubai Reefs aims to become a blueprint for ocean living while mitigating the impacts of climate change”.

Also Read: Sultan Al Neyadi Becomes The First Ever Arab To Spacewalk

The ultimate goal of the Dubai Reefs project goes beyond transforming the city into an eco-destination. Urban planners need to explore the possibilities of a floating metropolis where the ocean and city thrive in balance, given that sea levels are predicted to rise dramatically over the next century.

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Lebanon Ministers Meet Visa Over National Digital Payment Platform

Finance and technology ministers say a comparative study and roadmap will follow before any decision on adopting a model.

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lebanon ministers meet visa over national digital payment platform

Lebanon’s finance and technology ministers met representatives from Visa last week to discuss a proposed unified national digital payment platform for government services, according to a readout from the Ministry of Finance.

The meeting brought together Finance Minister Yassin Jaber, Minister of State for Technology and Artificial Intelligence Kamal Shehadeh, a Visa delegation, and experts from both ministries. Discussion focused on whether Lebanon could establish a single platform through which citizens and institutions would pay taxes, fees, fines and other official transactions electronically, using mobile phones and other digital channels.

The Visa delegation presented examples from countries that have adopted unified government payment platforms, including the United Arab Emirates, Singapore, Estonia and Jordan. According to the readout, the examples were presented as having increased collection rates and expanded financial inclusion.

Talks covered settlement mechanisms, direct transfer to the treasury account, financial reconciliation, risk management, cybersecurity, fees, and an operational model that would involve the private sector. The parties agreed to continue technical and institutional consultations, prepare a comparative study, and develop an implementation roadmap before any decision on adopting a model for Lebanon.

Jaber said the Ministry of Finance had already enabled citizens to pay using credit cards and e-wallets through transfer companies, but described the proposed platform as a further step. He framed the development of electronic payment and collection systems as a priority within the ministry’s modernization plan.

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Shehadeh outlined the citizen-facing concept as a single mobile application through which users could settle obligations to ministries, government institutions and other bodies.

“The idea, in short, is that any citizen downloads an application on their mobile phone, through which they can pay all service obligations for all ministries, government institutions, or those owned by the Lebanese state, and others as well, as the platform is not limited only to state institutions,” he said.

Shehadeh added that the platform would not displace banks and money transfer companies that currently provide collection services to the state, calling it complementary to their work.

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