Sabb backs Saudi mangrove study program
Riyadh, July 7, 2010
Sabb has joined the Saudi Wildlife Commission in a marine life programme in which the bank sponsored a research team to conduct a study for the rehabilitation and cultivation of mangroves on the shores of the kingdom.
The team of 12 Saudi researchers will focus on ways to preserve endangered mangroves, the trees that are known for their environmental and medical benefits. The mangroves significantly contribute to the sustainability of the ecosystem by providing ideal environment for marine life, habitats for migratory birds and shoreline stabilisation. The trees are also known for their medicinal ingredients used in the treatment of gum and liver diseases.
“We strongly believe in the aims of this project as a new step in protecting Saudi flora and some of its endangered species,' stated Ibrahim Abo-Mouti, Sabb head of Corporate Communications.
It is worth mentioning that there are more than 80 species of mangrove trees around the world, of which only four species are found in the Arab region. Mangroves grow on the shores of the Red sea of Egypt, Sudan, Saudi Arabia, Yemen as well as Gulf of Aqaba and the Arabian Gulf.-TradeArabia News Service