Saudi Arabia to release more than 1,500 endangered animals at AlUla


Mona Farag
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More than 1,500 endangered animals began being released in Saudi Arabia's AlUla on Tuesday.

The Royal Commission for AlUla's largest release project involves four species in five phases.

Arabian gazelles, Sand gazelles, Arabian oryx and Nubian ibex will be let go in three of AlUla’s nature reserves: Sharaan, Wadi Nakhlah and Al Gharameel.

AlUla's reserves span more than 12,400 square kilometres.

The latest release is the largest since the commission's reintroduction programme began in February 2019.

“The animal release programme demonstrates how RCU is going to great lengths to promote habitat regeneration and the restoration of native animal species in north-west Saudi Arabia,” said Dr Stephen Browne, the commission's Wildlife and Natural Heritage executive director.

“As a result, we are a growing player in biodiversity restoration and conservation regionally and internationally.”

The release will include 650 Arabian gazelles, 550 Sand gazelles, 280 Arabian oryx and 100 Nubian ibex for a total of 1,580 animals. The first phase, on January 10, saw 80 animals released.

Conservation efforts are also focused on harvesting native vegetation and the development of new infrastructure including quarantine enclosures.

All of the animals have satellite tracking collars and will be monitored by the commission's ranger force.

This is the first time that the lightweight, solar-powered collars will be used for ungulate species in the region.

The commission is hoping to release five times as many animals this year that it did in 2022.

“Animal reintroduction is conducted in line with best practices and International Union for Conservation of Nature guidelines, including quarantine before release, monitoring after release and in-depth analysis of the monitoring results,” said commission zoologist Yousef Alfaifi.

  • An Arabian leopard at a breeding centre in Taif, Saudi Arabia. Photo: Aline Coquelle
    An Arabian leopard at a breeding centre in Taif, Saudi Arabia. Photo: Aline Coquelle
  • A programme aims to introduce more of the endangered species into the north-west of the kingdom. Photo: Aline Coquelle
    A programme aims to introduce more of the endangered species into the north-west of the kingdom. Photo: Aline Coquelle
  • Two cubs born at the centre this year. Photo: Royal Commission for AlUla
    Two cubs born at the centre this year. Photo: Royal Commission for AlUla
  • The birth of two females followed the arrival of another cub at the centre a year earlier. Photo: Aline Coquelle
    The birth of two females followed the arrival of another cub at the centre a year earlier. Photo: Aline Coquelle
  • The cubs' birth is a major boost. It is estimated that there are fewer than 200 Arabian leopards left in the wild between Oman, Yemen and Saudi Arabia.
    The cubs' birth is a major boost. It is estimated that there are fewer than 200 Arabian leopards left in the wild between Oman, Yemen and Saudi Arabia.
  • The IUCN Red List of Threatened Species has assessed the animal as critically endangered since 2008. Photo: Aline Coquelle
    The IUCN Red List of Threatened Species has assessed the animal as critically endangered since 2008. Photo: Aline Coquelle
  • Leopards are sought after by trophy hunters and bushmeat poachers. Photo: Aline Coquelle
    Leopards are sought after by trophy hunters and bushmeat poachers. Photo: Aline Coquelle
  • This five-month old cub is one of 16 leopards at the centre in AlUla.
    This five-month old cub is one of 16 leopards at the centre in AlUla.
  • Each February, Middle East landmarks light up for Arabian Leopard Day
    Each February, Middle East landmarks light up for Arabian Leopard Day

The released animals have been sourced from Saudi Arabia and the UAE.

The commission has conducted extensive genetic and physical screening and health checks to ensure their fitness for release.

Dr Browne said the reintroduction of the Arabian leopard, an apex predator, would be the crowning achievement of the regeneration project. It is planned for 2030.

The International Union for Conservation of Nature classes the Arabian leopard as critically endangered.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Updated: January 18, 2023, 9:47 AM