News - Dussur | Public Investment Fund Company

August 20, 2025

Mr. Mansour AlQarawi Appointed as Dussur Chief Executive Officer

Riyadh, Saudi Arabia –20-08-2025 The Saudi Arabian Industrial Investment company, Dussur is pleased to announce the appointment of Mr. Mansour AlQarawi as its new Chief Executive Officer. Mr. AlQarawi

September 2, 2024

GE Vernova acquires Dussur’s shares in General Electric Saudi Advanced Turbines (GESAT)

(Formerly a joint venture between Dussur and GE Vernova) DAMMAM, Saudi Arabia (September 2, 2024) – The Saudi Arabian Industrial Investments Company (“Dussur”) successfully divested its 55%

July 2, 2024

GE Vernova rolls out first H-Class gas turbine completed at Saudi Arabia GESAT facility

GE Vernova’s advanced H-Class turbine is set to power the Jafurah Cogeneration Independent Steam and Power Plant (ISPP) in Saudi Arabia The H-Class turbines are highly efficient,

February 14, 2024

Baker Hughes, Dussur Inaugurate Saudi Petrolite Chemicals’ Facility, Supporting Regional Growing Market

Jubail Saudi Arabia — Feb. 11, 2024 In the presence of HRH Prince Abdulaziz Bin Salman Al Saud, Minister of Energy, His Excellency Mr. Bandar bin Ibrahim

November 6, 2023

Markus Solibieda Appointed as Dussur Chief Investment Officer

The Saudi Arabian Industrial Investment company, Dussur, announces today the appointment of Mr. Markus Solibieda as its new Chief Investment Officer with effect from November 1st, 2023.

May 29, 2023

Dussur announces the acquisition of a stake in “Italmatch”, and announces the inauguration of the National Company for Additive Manufacturing and Innovation “NAMI”

Riyadh, Saudi Arabia – May 28, 2023 Under the auspicious patronage of HRH Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy, and in the

February 2, 2023

SeAH Gulf Special Steel Industries Held Groundbreaking Ceremony for the Kingdom’s first stainless seamless pipe and tube production plant

Saudi Arabia, 1 February 2023 SeAH Gulf Special Steel Industries, owned by Saudi Arabian Industrial Investments Company (Dussur) and South Korean SeAH Changwon Integrated Special Steel, broke

September 13, 2022

Signing an agreement between SeAH Gulf Special Steel LLC and King Salman Energy City SPARK to allocate industrial land and the contract signing for the construction of “SeAH Gulf Special Steel” factory with Sendan International

King Salman Energy City SPARK – 12\9\2022 . In an advanced step for the SeAH Gulf Special Steel, owned by the Saudi Arabian Industrial Investments Company Dussur,

May 17, 2022

In the presence of His Royal Highness Prince Saud bin Nayef, Governor of the Eastern Province, and His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, Dussur sign an MOU with the Saudi Petroleum Services Polytechnic

Dammam, Saudi Arabia; May 16th, 2022 In the presence of His Royal Highness Prince Saud bin Nayef, Governor of the Eastern Province, and His Royal Highness Prince

May 17, 2022

Under the patronage of HRH Minister of Energy, Dussur signs an MOU with General Electric

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