Abstract: Cyanobacteria play a crucial role in marine ecosystems as primary producers of food and oxygen for various organisms while helping remove waste and toxic substances from the environment. They are essential to the carbon cycle and help regulate the climate. These marine autotrophs also aid in the absorption of essential elements and support diverse life forms. They help degrade organic compounds including petroleum hydrocarbons as well as heavy metals. Fluctuations in cyanobacteria populations can indicate ecosystem health, influencing both human well-being and wildlife. Their significance also extends to potential technological advancements, thus providing valuable resources for fields such as pharmacology, medicine, health care, biofuels, cosmetics, and bioremediation. However, some species produce toxins that pose risks to human health and marine organisms. Consequently, cyanobacteria are a major focus of research aimed at preserving and improving marine ecosystems-especially given the environmental damage caused by past and potential future conflicts. This review highlights their roles in phycoremediation and other industrial and biotechnological applications with a particular focus on the Arabian Gulf region.