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

Namal, SDB launch new program to empower entrepreneurs across Saudi Arabia
MUBASHER.SA
Flat6Labs, Idealab.ai partner to bring 1.2 million business ideas to entrepreneurs
MUBASHER
QSTP, Microsoft partner to support Qatar startups with AI tools
MUBASHER
Holouly launches ETEPS platform to manage POS operations
MUBASHER.SA
Vitalls secures $1.5 mn investment from EST Growmore
Abu Dhabi - Sharikat Mubasher: Vitalls, an AI-powered digital health passport platform headquartered in Abu Dhabi, secured a $1.5 million investment from EST Growmore, EST Group's investment arm, as part of its seed round.Both parties signed the investment agreement at the Abu Dhabi Future Health Summit, under which EST Growmore may invest an additional $1 million in Vitalls, the health platform announced today.The agreement was signed by Mehdi Bouchenak, Founder of Vitalls, and Sindhu Bhaskar, Chairman of EST Group.Beyond capital, the partnership opens access to EST Growmore's investment ecosystem, including group telecom and healthcare portfolio companies. The two companies will explore collaboration opportunities across distribution, partnerships, and product development to accelerate Vitalls' growth regionally and globally.Commenting on the agreement, Bouchenak said: “This agreement is a major step for Vitalls. More than the capital, it confirms that the problem we set out to solve is real and urgent. When an investor of Dr. Sindhu Bhaskar's experience commits after looking closely at what we have built, it tells us the need is understood. Patient-owned health records are no longer a niche idea. They are where healthcare is going."Moreover, the investment reflects a shared conviction that people should own their health history and carry it with them wherever they live, work, or travel.

Related News

Private Equities News
Calendar Icon
Oct 21, 2026
Flat6Labs, Idealab.ai partner to bring 1.2 million business ideas to entrepreneurs
Read More
Private Equities News
Calendar Icon
Oct 21, 2026
QSTP, Microsoft partner to support Qatar startups with AI tools
Read More
Private Equities News
Calendar Icon
Oct 20, 2026
OIC approves Saudi proposal to establish Cybersecurity Ministers Council in Riyadh
Read More
Private Equities News
Calendar Icon
Oct 20, 2026
FII Institute postpones FII10 conference to 2027
Read More
Private Equities News
Calendar Icon
Oct 19, 2026
NearPay SoftPOS obtains Jaywan Contactless L2 approval
Read More
Private Equities News
Calendar Icon
Oct 18, 2026
Forbes features 29 Saudi entries in Sustainability Leaders 2026 List
Read More
Private Equities News
Calendar Icon
Oct 18, 2026
Abu Dhabi to host 6G MENA 2026, gathering world’s tech leaders
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