Saudi Public Investment Fund launches Kingdom’s first commercial helicopter operator 

The kingdom’s is launching its first commercial helicopter operator with an initial capital of 565 million riyals. (File photo: AFP)
Updated 12 March 2019

Saudi Public Investment Fund launches Kingdom’s first commercial helicopter operator 

  • The kingdom’s is launching its first commercial helicopter operator with an initial capital of 565 million riyals

RIYADH: Saudi Arabia’s Public Investment Fund said the Kingdom will be launching its first commercial helicopter operator.
The company will provide private air transport services within major cities, the Saudi Press Agency reported. It will also be organizing tours to many different destinations throughout the Kingdom. 
The helicopter company was established with initial capital of SR 565 million ($151 million) to meet the growing demand in the Kingdom for luxury tourism and transportation services.
The company will provide safe access to distant tourist destinations inside the Kingdom and provide a high quality air transport experience in accordance to international standards. 
The step is in line with the investment fund strategy which aims to maximize sustainable financial returns as well as launching new sectors and developing them.
It also fulfills efforts to achieve Saudi Arabia’s Vision 2030 by encouraging the tourism sector in the Kingdom.  


Saudi center for disease prevention signs agreement with Swedish agency

Updated 16 December 2019

Saudi center for disease prevention signs agreement with Swedish agency

  • The two parties agreed to promote and develop public health initiatives of common concern

RIYADH: The National Center for Disease Prevention and Control has signed a cooperation agreement with the Public Health Agency of Sweden.

The agreement will strengthen ties and enhance cooperation between the two countries in public health within the framework of cooperation prepared in 2019.

On behalf of the center, Dr. Abdullah Al-Gwizani, executive director-general, signed the agreement with his Swedish counterpart, Dr. Johan Carlsson.

The two parties agreed to promote and develop public health initiatives of common concern, as well as outlining the fields of work covered.

These fields included the workforce, organizational development, institutional strategy, business planning, specialized microbiology laboratories, health economics, non-communicable disease prevention, promotion of healthy lifestyles, the monitoring of communicable and non-communicable diseases, and health improvement.

Dr. Al-Gwizani said that the agreement would last for five years. It would then be reviewed and renewed after the agreement of both parties.

“These agreements reinforce the center’s role in creating new health practices and developing the performance of the public health sector,” he said. “Benefiting from well-established organizations such as the Public Health Agency of Sweden confirms our eagerness to convey the best practices to the public health sector locally, as well as exchanging experiences.”