KAUST President to Asharq Al-Awsat: We Are Extracting Lithium from Sea Water to Make Batteries

Saudi KAUST University uses saline water to grow crops through the Red Sea Farms project. (Asharq Al-Awsat)
Saudi KAUST University uses saline water to grow crops through the Red Sea Farms project. (Asharq Al-Awsat)
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KAUST President to Asharq Al-Awsat: We Are Extracting Lithium from Sea Water to Make Batteries

Saudi KAUST University uses saline water to grow crops through the Red Sea Farms project. (Asharq Al-Awsat)
Saudi KAUST University uses saline water to grow crops through the Red Sea Farms project. (Asharq Al-Awsat)

Professor Tony Chan, President of King Abdullah University of Science and Technology (KAUST), revealed tangible success in transforming research and studies conducted at the university into real-world inventions.

This led to the inclusion of KAUST on the list of research universities that were able to export technology outside its geographical borders, he underlined.

In an interview with Asharq Al-Awsat, Chan pointed to the most prominent innovative technologies produced at the university, including the use of saline water to grow high-quality agricultural crops and the extraction of lithium – a key element in the making of batteries - from the Red Sea water, a discovery that prompted major countries, such as China and the United States, to express a desire to know more about the invention.

Asked about KAUST’s contribution to the Saudi economy, Chan replied: “KAUST has two missions: The first is related to basic research and university education, while the other is related to economics, development and innovation.”

“Part of our job is to contribute to the economy. We do this in a variety of ways, the most important of which is that we educate and train students, who will later contribute to the economy.”

He continued: “For example, many KAUST graduates work in the Kingdom for companies such as Aramco. More importantly, almost 30 percent of the international students graduating from our university stay in the Kingdom, working for companies there or setting up their own, which is really amazing.”

Chan emphasized that part of the university’s efforts is also to try to foster innovation and develop an economic system. He stressed in this regard the presence of a private fund to support students’ startups.

“The other part is related to environmentally friendly projects… KAUST has succeeded in placing Saudi Arabia on the global map of the environmental field through its academic research,” he added.

On KAUST’s contribution to giant Saudi projects, Chan said: “We have many research projects, as we cooperate with NEOM to build the largest coral garden in the world on the island of Shusha, which is part of NEOM.”

He added that KAUST had technology and scientific knowledge that qualifies it to implement this project, including a field called “marine architecture” that is specialized in the cultivation of coral reefs.

“NEOM represents new energy versus conventional energy,” Chan explained. “Here, I refer to the second initiative that emerged from the G20 Summit 2020 hosted by Saudi Arabia, which is related to the preservation and restoration of coral reefs in the deep seas and oceans at the global level. KAUST hosts the headquarters of this initiative.”

Chan also talked about the Red Sea Farms, a company that was established within KAUST as a startup, and now has turned into a large company that develops technologies to irrigate plants from sea water and to mitigate the impact of greenhouse gas emissions.

“The founder of the company is Prof. Mark Tester. All of his work took place in a small experimental station inside KAUST; but today, the company is operating at the commercial and investment levels,” he remarked.

Chan revealed that tomatoes, which are produced through this innovative technology, are exported to the United States.

“We are very proud of this achievement… It’s an evolution that took place within KAUST,” he told Asharq Al-Awsat.

Asked about Saudi Arabia’s renewable energy wealth, the president of KAUST emphasized the importance of solar energy, saying that relying on oil was needed during the transitional period.

“[The Kingdom] will still need to rely on oil during the transition period from traditional energy sources to new ones. I don’t know if that will happen within 20 to 50 years, but I think that Saudi Arabia, on its part, realizes this. There are countries around the world, such as European nations, which have imposed bans on internal combustion engines,” he said.

He continued: “Within NEOM, there are attempts to fully rely on sustainable energy.”

“Nevertheless, oil constitutes a large part of the Saudi economy. Saudi Arabia has the sun and solar energy, and in order to exploit it, it needs devices that are characterized by a large degree of efficiency to collect this energy, as well as a high level of quality. It also needs to protect the solar panels from dust.”

Chan explained that when dust builds up on the solar panels, their efficiency declines.

“Today, we already have startups in the field of cleaning, using the NOMADD technology that has been available for a few years (automatic water-free dust removal device),” he said.

Regarding wind energy, he noted that NEOM enjoyed a lot of wind energy coming from the Red Sea and the currents that come from Africa.

“The sun and wind complement each other,” he added. “The wind comes when the sun is not shining, that is, at night, as a result of a change in temperature. But wind is an unstable source.”

Chan noted that the use of batteries is a solution to the problem.

“At KAUST, we invented a new method for extracting lithium from the sea a few months ago. There is a lot of interest in this innovation from entities such as Maaden, the mining company, as well as other government entities, including China and the United States,” he told Asharq Al-Awsat.

On Artificial Intelligence, Chan revealed that KAUST works in partnership with SDAIA (the Saudi Authority for Data and Artificial Intelligence) and also cooperates with Aramco, pointing to the establishment of the KAUST Artificial Intelligence Center for this purpose.

“When looking at the classification of Saudi Arabia in this field at the global level, we find that it occupies the 20th position. Eighty percent of all research papers in the field of artificial intelligence in Saudi Arabia come from KAUST. We are fortunate that we have the right people who provide the right research. This is certainly positive for society and the economy,” he stressed.



Gold Advances on US–Iran Tensions as Markets Weigh Fed Policy Path

UK gold bars and gold Sovereign coins are displayed at Baird & Co in Hatton Garden in London, Britain, October 8, 2025. REUTERS/Hiba Kola/File Photo
UK gold bars and gold Sovereign coins are displayed at Baird & Co in Hatton Garden in London, Britain, October 8, 2025. REUTERS/Hiba Kola/File Photo
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Gold Advances on US–Iran Tensions as Markets Weigh Fed Policy Path

UK gold bars and gold Sovereign coins are displayed at Baird & Co in Hatton Garden in London, Britain, October 8, 2025. REUTERS/Hiba Kola/File Photo
UK gold bars and gold Sovereign coins are displayed at Baird & Co in Hatton Garden in London, Britain, October 8, 2025. REUTERS/Hiba Kola/File Photo

Gold prices extended gains on Thursday after rising more than 2% in the previous session, as lingering tensions between the United States and Iran prompted a flight to safety, while investors evaluated the Federal Reserve's monetary policy path.

Spot gold rose 0.2% to $4,989.09 per ounce by 1227 GMT. US gold futures for April delivery held steady at $5,008.60.

"Geopolitical concerns are front and centre with reports that, if the US were to take military action against Iran, it could go on for several weeks," said Jamie Dutta, market analyst at Nemo.money, Reuters reported.

Some progress was made during Iran talks this week in Geneva but distance remained on some issues, the White House said on Wednesday.

FED LARGELY UNITED

Top US national security advisers met in the White House Situation Room on Wednesday to discuss Iran and were told all US military forces deployed to the region should be in place by mid-March.

Meanwhile, the Fed's January minutes showed it largely united on holding interest rates steady, but divided over what comes next, with "several" open to rate hikes if inflation remains elevated, while others were inclined to support further cuts if inflation recedes.

The weekly jobless claims data, due later in the day, and Friday's Personal Consumption Expenditures report, the Fed’s preferred inflation gauge, will provide further clues on the central bank's policy trajectory.

Markets currently expect this year's first interest rate cut to be in June, according to CME's FedWatch Tool.

Non-yielding bullion tends to do well in low-interest-rate environments.

Spot silver rose 0.9% to $77.87 per ounce after climbing more than 5% on Wednesday.

Silver is "supported by tight supply and low COMEX stock levels ahead of the delivery period of the March contract. However, given the extent of the historic correction earlier this month, silver is not back on safer ground until it trades back above $86," said Ole Hansen, head of commodity strategy at Saxo Bank.

Spot platinum fell 0.6% to $2,059.55 per ounce, while palladium lost 1.7% to $1,686.47.


Oil Prices Extend Gains on Concerns of Potential US-Iran Conflict

FILE PHOTO: The Phillips 66 Lake Charles Refinery is pictured in West Lake, Louisiana, US, June 12, 2018. REUTERS/Jonathan Bachman/File Photo
FILE PHOTO: The Phillips 66 Lake Charles Refinery is pictured in West Lake, Louisiana, US, June 12, 2018. REUTERS/Jonathan Bachman/File Photo
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Oil Prices Extend Gains on Concerns of Potential US-Iran Conflict

FILE PHOTO: The Phillips 66 Lake Charles Refinery is pictured in West Lake, Louisiana, US, June 12, 2018. REUTERS/Jonathan Bachman/File Photo
FILE PHOTO: The Phillips 66 Lake Charles Refinery is pictured in West Lake, Louisiana, US, June 12, 2018. REUTERS/Jonathan Bachman/File Photo

Oil prices rose on Thursday as the US and Iran attempted to ease a standoff in talks over Tehran's nuclear program while both sides heightened military activity in the key oil-producing region.

Brent futures climbed 23 cents, or 0.3% to $70.58 a barrel by 0735 GMT, while US West Texas Intermediate (WTI) crude gained 25 cents, or 0.4%, to trade at $65.44 a barrel.

Both benchmarks settled more than 4% higher on Wednesday, posting their highest settlements since January 30, as traders priced in the risk of supply disruptions in the event of ‌a conflict.

"Oil prices are ‌rallying as the market becomes increasingly concerned over the potential ‌for ⁠imminent US action ⁠against Iran," said ING analysts in a Thursday note.

Iranian state media reported the country had shut down the Strait of Hormuz for a few hours on Tuesday, without making clear whether the waterway had fully reopened. About 20% ⁠of the world's oil supply passes through the waterway.

"Tensions between Washington ‌and Tehran remain high, but the prevailing view ‌is that full-scale armed conflict is unlikely, prompting a wait-and-see approach," said Hiroyuki Kikukawa, chief strategist of ‌Nissan Securities Investment, a unit of Nissan Securities.

"US President Donald Trump does not ‌want a sharp rise in crude prices, and even if military action occurs, it would likely be limited to short-term air strikes," Kikukawa added.

A degree of progress was made during Iran talks in Geneva this week but distance remained on some issues, the White House said on Wednesday, ‌adding that it expected Tehran to come back with more details in a couple of weeks.

Iran issued a notice to ⁠airmen (NOTAM) that ⁠it plans rocket launches in areas across its south on Thursday from 0330 GMT to 1330 GMT, according to the US Federal Aviation Administration website.

At the same time, the US has deployed warships near Iran, with US Vice President JD Vance saying Washington was weighing whether to continue diplomatic engagement with Tehran or pursue "another option".

Meanwhile, two days of peace talks in Geneva between Ukraine and Russia ended on Wednesday without a breakthrough, with Ukrainian President Volodymyr Zelenskiy accusing Moscow of stalling US-mediated efforts to end the four-year-old war.

US crude and gasoline and distillate inventories fell last week, market sources said, citing American Petroleum Institute figures on Wednesday, contrary to expectations in a Reuters poll that crude stocks would rise by 2.1 million barrels in the week to February 13.

Official US oil inventory reports from the Energy Information Administration are due on Thursday.


Madinah Sees Tourism Surge Ahead of Ramadan, Spending Tops $13.9 Billion

A cluster of buildings and hotels surrounding the Prophet’s Mosque (SPA). 
A cluster of buildings and hotels surrounding the Prophet’s Mosque (SPA). 
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Madinah Sees Tourism Surge Ahead of Ramadan, Spending Tops $13.9 Billion

A cluster of buildings and hotels surrounding the Prophet’s Mosque (SPA). 
A cluster of buildings and hotels surrounding the Prophet’s Mosque (SPA). 

Saudi Arabia’s Minister of Tourism, Ahmed Al-Khateeb, has toured hospitality facilities and visitor services in Madinah as part of the “Spirit of Ramadan” inspection tour, which also included Jeddah and Makkah.

New data show visitor numbers exceeded 21 million over the past year, a 12 percent increase from 2024, while total tourism spending reached SAR 52 billion (about $13.9 billion), up 22 percent.

The visit focused on assessing the sector’s readiness for the Ramadan season, evaluating service quality, and supporting ongoing and upcoming tourism projects.

Madinah posted strong tourism performance in 2025, driven by higher visitor inflows and expanded hospitality capacity, reinforcing its position as a leading religious destination within Saudi Arabia’s tourism landscape.

Demand growth has been matched by a sharp rise in supply. Licensed hospitality facilities increased to 610, up 35 percent, while the number of licensed rooms surpassed 76,000, a 24 percent gain, strengthening the city’s ability to accommodate during peak seasons such as Ramadan and Hajj.

Travel and tourism offices also grew to more than 240, reflecting a 29 percent expansion in supporting services.

Al-Khateeb said the entry of international hospitality brands and new projects over the past five years underscores both sectoral growth and rising investor confidence in the Kingdom’s tourism ecosystem.

“The landscape today is different. The sector is growing steadily, supported by a system that empowers investors and facilitates their journey, with a promising future ahead,” he said.

To expand hotel capacity, the minister inaugurated the Radisson Hotel Madinah, a project worth more than SAR 39 million (around $10 million) and financed by the Tourism Development Fund.

The 2025 performance signals a shift from traditional seasonal growth toward more sustainable expansion built on diversified offerings, improved service quality, and a stronger contribution to the local economy.