AMAALA partners with Monaco Foundation to work on marine conservation
Saudi Arabia’s AMAALA has signed a partnership agreement on Friday with The Prince Albert II of Monaco Foundation, the Centre Scientifique de Monaco and Oceanographic Institute.
The signing ceremony took place at the Oceanographic Institute on the final evening of the Monaco Yacht Show and was attended by HSH Prince Albert II of Monaco, AMAALA CEO Nicholas Naples, the AMAALA Advisory Board, select partners of the brand and other guests.
Together the partners will work on oceanographic and marine life research and conservation initiatives to benefit the world’s oceans with four opportunities identified for joint projects, including coral reef management, iconic species protection, Marine Protected Areas (MPA) enforcement, and fighting plastic pollution.
“We are committed to fully sustainable development throughout the design, build, and operation phases, which includes being net carbon neutral from the start of operations,” Naples said.
“AMAALA will allow us to, collaboratively, better understand the biology of corals in order to better protect their ecosystems. The Red Sea corals offer exceptional characteristics, in particular their resistance to environmental stresses, which will be interesting to explore with Saudi researchers,” Professor Patrick Rampal of Centre Scientifique de Monaco said.