logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. SIRC pacts with THC to advance sustainability in aviation sector

SIRC pacts with THC to advance sustainability in aviation sector

NOHA.GAD
Jan 20, 2025
SIRC and The Helicopter Company signed an MoU to advance sustainability in aviation sector

Riyadh - Sharikat Mubasher: The Helicopter Company (THC), a premier commercial helicopter operator in Saudi Arabia, signed a memorandum of understanding (MoU) with the Saudi Investment Recycling Company (SIRC) to advance sustainable aviation initiatives.

This partnership aims to enhance waste management and recycling practices in addition to promoting a greener environment in alignment with Saudi Vision 2030, THC announced in a recent statement.

The MoU reflects the shared commitment of both parties to providing sustainable aviation solutions and advanced services that contribute to reducing the environmental impact. It also targets promoting technology-driven operations and helping THC expand its scope to cover new sectors.

Arnaud Martinez, CEO of THC, emphasized the company’s dedication to effectively reducing the carbon footprint of its operations.

He noted that the agreement aims to transform ambitious ideas into tangible achievements that contribute to creating a sustainable future for the aviation industry.

In turn, Ziyad Alshiha, CEO of SIRC, stated that the collaboration aims to drive innovation, reduce emissions, ensure long-term environmental safety for the sector, and promote a sustainable future, ultimately positioning Saudi Arabia at the forefront of the global green economy.

THC, wholly owned by the Public Investment Fund (PIF), aims to activate new sectors in Saudi Arabia in line with Vision 2030 by creating a new ecosystem for general aviation services and introducing safe and efficient transport services across the Kingdom.

Tags

Saudi Arabia
Aviation sector
Sustainability
Innovation
Carbon footprint
Share

Attract clients with your ad

Start Now

Trending

Nahda Capital Partners registers first $300mn GCC-focused PE fund
MUBASHER
Tuwaiq Academy launches AI training programs as 2026 named ‘Year of AI’
MUBASHER.SA
Shorooq joins $1.03bn funding round for AI startup AMI Labs
MUBASHER
RUWAD boosts Emirati entrepreneurship with AED1.5mn in 2026
MUBASHER
Qatari logistics firm ShipBee closes $500K seed round
MUBASHER

Related News

Private Equities News
Calendar Icon
Mar 12, 2026
Tuwaiq Academy launches AI training programs as 2026 named ‘Year of AI’
Read More
Private Equities News
Calendar Icon
Mar 11, 2026
Saudi Arabia declares 2026 ‘Year of Artificial Intelligence’, SDAIA unveils official logo
Read More
Private Equities News
Calendar Icon
Mar 10, 2026
Abu Dhabi Businesswomen Council announces winners of Ra’idah’s Falcon Tank Competition
Read More
Private Equities News
Calendar Icon
Mar 10, 2026
Judan Financial buys 50.1% stake in Alpha Wave Global
Read More
Private Equities News
Calendar Icon
Mar 10, 2026
Four Winds ensures supply chain continuity with alternative logistics solutions
Read More
Private Equities News
Calendar Icon
Mar 9, 2026
SAP relocates MENA headquarters to Misk City in Riyadh
Read More
Private Equities News
Calendar Icon
Mar 9, 2026
Monsha’at launches advisory programs in Jeddah to support entrepreneurs
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher