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Al-Leef signs deal with Reef for Red Sea mangroves
Alif International Environmental Services Company announced the signing of a strategic contract with Reef Environmental Renewal Services to plant one million mangrove trees in the Red Sea region. The goal is to enhance biodiversity and protect the coasts. The project will be implemented between September 2026 and October 2028, with its positive impact on revenues expected to begin in the second half of 2026, and the financial effects anticipated to continue through 2027 and 2028. The project focuses on sustainable planting operations to achieve environmental goals, and its value will account for more than 15% of the company's annual revenues.
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