Riyadh – Sharikat Mubasher: Saudi Investment Recycling Company (SIRC), a Public Investment Fund (PIF) subsidiary, signed a strategic partnership with King Abdullah University of Science and Technology (KAUST) to accelerate research and development in waste management and recycling technologies.

According to an official press release, this partnership aims to advance recycling innovation, improve waste treatment efficiency, and support Saudi Arabia’s net-zero emissions target by 2060. It also aligns with the Saudi Green Initiative and focuses on cutting landfill use while creating new investment opportunities in the recycling sector.

During the signing event, SIRC leaders toured KAUST’s SIRCularity Applied Solutions Center, reviewing projects on lithium battery recycling, organic waste conversion, and mining waste treatment.

Khaled Al-Salem, SIRC Chairman stressed the importance of research-driven innovation to enhance sustainability, while Edward Byrne, KAUST President highlighted the role of academic-industrial collaboration in creating practical solutions and supporting knowledge-based economic growth.