Dammam, Saudi Arabia; May 16th, 2022 Under the patronage of HRH Prince Abdulaziz Bin Salman, Saudi Minister of Energy, a memorandum of understanding was signed between the Saudi Arabian Industrial Investments Company (DUSSUR) and GE to develop a roadmap to enhance the capabilities of GESAT – Adding services for operating heavy loads in future gas […]
Riyadh – March 29th, 2022 Under the patronage of HRH Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, the Saudi Arabian Industrial Investments Company (Dussur), owned by the Public Investment Fund, Saudi Aramco, and the Saudi Basic Industries Corporation (SABIC), announced the signing of four JV agreements with global partners, comprises the establishment of […]
First-of-its-kind facility in the region to offer both sand-casting and open die forging processes (complemented by machining facilities) The facility is expected to have an annual production capability of 60,000 tons The facility is expected to create approximately 1,400 direct jobs The facility is anticipated to be operational in the first quarter of 2025 Riyadh […]
Jeddah, 4 December 2021: The Saudi Arabian Industrial Investments Company (Dussur) today signed a joint venture with the Saudi Arabian Military Industries (SAMI), and France’s FIGEAC AÉRO Group, announcing the establishment of SAMI FIGEAC AÉRO Manufacturing LLC, the announcement was made during the Saudi-French Investment Forum held on the sidelines of the visit of the […]
The Saudi Arabian Industrial Investments Company (Dussur), Saudi Aramco, and Hyundai Heavy Industries (HHI) have signed a joint venture to manufacture 2-stroke and 4-stroke marine and Electric Power Plants (EPP) engines, as well as marine pumps. The manufacturing facility will be located at Ras AlKhair in the Kingdom’s Eastern Province. The venture, which will establish […]
Riyadh – April 8, 2019: Dussur, a strategic joint venture of the Public Investment Fund (PIF), Saudi Aramco and SABIC, announced today the appointment of Dr. Raed AlRayes as its new Chief Executive Officer with effect from April 1st, 2019. Dr. AlRayes has a proven track record of accomplishments in different professional capacities spanning nearly […]
Dussur, the Saudi Arabian Industrial Investments Company, has continued its industrialization push by signing MoUs with leading regional and international institutions in the Automotive, Chemicals and Industrial Metals sectors. HRH Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, attended the launch event of the National Industrial Development and Logistics Program (NIDLP) […]
Riyadh, Rabi’II 25, 1439, January 12, 2018, SPA — The Kingdom of Saudi Arabia, represented by the Ministry of Energy, Industry and Mineral Resources will participate with 14 Saudi sectors in the fields of energy, industry and electricity in an interactive pavilion at the Abu Dhabi week for Sustainability 2018, to be begun tomorrow and […]
JEDDAH: Saudi Aramco, the Saudi Arabian Industrial Investments Company (Dussur) and Hyundai Heavy Industries (HHI) on Wednesday announced the launch of a joint venture to manufacture 2-stroke and 4-stroke engines and marine pumps. A memorandum of understanding (MoU), in this regard, has been signed, which lays out a comprehensive cooperation framework for the joint venture […]
*In line with Saudi Vision 2030, Dussur and GE support Saudi Arabia’s growing industrial sector *Dussur and GE partner to localize the manufacturing of gas turbines in Dammam Riyadh, Saudi Arabia; May 24, 2017: Dussur (formerly operating under the name Saudi Arabian Industrial Investments Company) and GE (NYSE: GE) have signed a joint venture agreement […]
