‎PIF’s SIRC launches marine response services and products firm


Price of SIRC

Saudi Funding Recycling Co. (SIRC), which is wholly-owned by the Public Funding Fund (PIF), launched SAIL Co.


The contemporary firm will acknowledge to oil and hazardous spills along the coastline of Saudi Arabia, the Crimson Sea and the Arabian Gulf, in accordance with an announcement. 


SAIL will work toward establishing marine emergency response services and products supported by marine monitoring which can attend to detect oil and hazardous discipline cloth spills within the Saudi waters in a actually early stage. SAIL will furthermore present varied marine services and products to be supplied later.


Abdul Rahman Al-Fadley, Minister of Ambiance, Water, And Agriculture and Chairman of SIRC, has no longer too prolonged ago supplied the board of administrators’ approval on establishing a recent company for environmental marine services and products