World Bank Delegation Visits Saudi Investment Recycling Company

The Saudi Investment Recycling Company (SIRC) logo
The Saudi Investment Recycling Company (SIRC) logo
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World Bank Delegation Visits Saudi Investment Recycling Company

The Saudi Investment Recycling Company (SIRC) logo
The Saudi Investment Recycling Company (SIRC) logo

A high-level delegation from the World Bank has visited the headquarters of the Saudi Investment Recycling Company (SIRC), a wholly-owned subsidiary of the Public Investment Fund (PIF).

The CEO of SIRC, Eng. Ziyad bin Mohammed Al-Shiha, and the executive management team received the delegation, which included representatives from the bank in some American, European, Asian, and African countries, as well as the senior representatives of the bank in the Middle East and the Kingdom.

The delegation was briefed on SIRC’s activities, its investment projects, and its subsidiary companies across various fields in the recycling and waste management sector.
They also conducted a tour of the Control and Command Center (CCC) of the Marine Operations For Environmental Services (SAIL), a subsidiary of SIRC.
Moreover, the delegation held a meeting with the executive management for a detailed explanation of the activities, plans, and projects of SIRC, its subsidiary companies, investment opportunities, and the group's initiatives towards achieving sustainability.
The discussion also covered the concept of the circular economy and the goals of the "Saudi Green Initiative.”



Saudi Industry Minister Discusses in Singapore Partnerships in Advanced Manufacturing Technologies 

Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef held bilateral meetings with heads of Singaporean institutions to discuss boosting cooperation. (SPA)
Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef held bilateral meetings with heads of Singaporean institutions to discuss boosting cooperation. (SPA)
TT

Saudi Industry Minister Discusses in Singapore Partnerships in Advanced Manufacturing Technologies 

Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef held bilateral meetings with heads of Singaporean institutions to discuss boosting cooperation. (SPA)
Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef held bilateral meetings with heads of Singaporean institutions to discuss boosting cooperation. (SPA)

Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef held bilateral meetings with heads of Singaporean institutions to discuss boosting cooperation, benefiting from their expertise in creating sustainable economic growth, developing small and medium-sized enterprises, and partnering on advanced manufacturing technology, reported the Saudi Press Agency on Tuesday.

The meetings were attended by Ministry of Industry and Mineral Resources Assistant Minister for Planning and Development Dr. Abdullah Ali Alahmari, National Industrial Development Center (NIDC) Chief Executive Eng. Saleh Al-Sulami, and Saudi Authority for Industrial Cities and Technology Zones Chief Executive Majed Rafed Al-Argoubi.

During a meeting with Singapore Economic Development Board (EDB) Chairman Png Cheong Boon, Alkhorayef discussed opportunities to bolster cooperation, build partnerships, and benefit from the EDB’s expertise.

He met with Enterprise Singapore Executive Chairman Lee Chuan Teck to explore aspects of cooperation, leveraging the institution’s expertise in capacity building, innovation, and transformation.

Alkhorayef also met with Meinhardt Group's head of the fourth industrial revolution division to discuss modern technologies that could boost efficiency and innovation in the sector.

In his meeting with the Agency for Science, Technology and Research (A*STAR) chief executive, Alkhorayef explored ways to strengthen cooperation with the agency, which is considered one of the top innovative government organizations globally in the field of science and technology.

The minister’s official visit to Singapore is one leg of an economic tour of East-Asia where he is leading a ministry delegation with the aim of deepening bilateral ties, attracting high-quality investments to Saudi Arabia, and exploring mutual investment opportunities in the industrial sector.