Dussur
 | |
| Investment | |
| ISIN | 🆔 |
| Founded 📆 | 2014 |
| Founder 👔 | |
| Headquarters 🏙️ | Riyadh, Saudi Arabia |
Area served 🗺️ | |
Key people | Rashid bin Mohammed al-Shabaili (Chairman) |
| Members | |
Number of employees | |
| 🌐 Website | دُسر |
| 📇 Address | |
| 📞 telephone | |
Dussur is a Saudi Arabian government company which was established in 2014 by Royal Decree. Owned jointly by three of the Kingdom of Saudi Arabia’s largest and most respected organizations, the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco and SABIC (Saudi Basic Industries Corporation) . The company started operating in February 2016.:[1][2]
The company focuses on investments in the Kingdom through joint venture partnerships with global industry leaders, with each investment designed to be sustainable and active in the fields of: Power and Water, Maritime and Oil & Gas. In May 2016 Dussur and GE signed a Memorandum of Understanding (MoU) to co-invest in strategic sectors that will help develop and localize industrial value chains in Saudi Arabia.
Company owners
It is a jointly owned company by[3][4]
- 50% Public Investment Fund of Saudi Arabia
- 25% Aramco[5]
- 25% SABIC
Operations
Dussur operates a sustainable investment model that facilitates the development of key industrial sectors and their desired value chains in the Kingdom.
Of particular interest is downstream development in strategically important industries.
The sectors that Dussur operations focus on are:
- Conventional
- Automotive
- Chemicals
- Maritime
- Solar Power
- Water
Activities
The company was established for the development of industry in Saudi Arabia.[6]
Current projects
- Establishment of advanced gas turbine plant.
- Agreement with General Electric Company.[7][8]
- Agreement with Saudi Aramco and Hyundai.
See also
External links
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Wikimedia Commons has media related to Dussur. |
References
- ↑ لمحة عامة عن دسر نسخة محفوظة 29 مايو 2018 على موقع واي باك مشين.
- ↑ http://www.arabnews.com/node/1107681/corporate-news
- ↑ https://www.arabianbusiness.com/firing-up-engines-676514.html
- ↑ "Archived Copy". Archived from the original on 2020-07-12. Retrieved 2018-11-25.CS1 maint: Archived copy as title (link)
- ↑ https://www.forbesmiddleeast.com/en/aramco-dussur-sign-deals-with-hyundai-for-engine-manufacturing-in-ksa/
- ↑ https://www.alarabiya.net/ar/aswaq/companies/2017/05/25/%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0%D9%8A-%D9%84%D9%80-%D8%AF%D8%B3%D8%B1-%D8%A5%D9%86%D8%AA%D8%A7%D8%AC-%D8%A3%D9%88%D9%84-%D8%AA%D9%88%D8%B1%D8%A8%D9%8A%D9%86-%D8%BA%D8%A7%D8%B2-%D8%A8%D9%802018.html
- ↑ دسر وجنرال إلكتريك توقعان مذكرة تفاهم لإطلاق استثمارات مشتركة بقيمة 3 مليارات دولار نسخة محفوظة 29 مايو 2018 على موقع واي باك مشين.
- ↑ http://www.allenovery.com/news/en-gb/articles/Pages/Allen--Overy-ber%C3%A4t-DUSSUR-bei-strategischem-Joint-Venture-mit-General-Electric-mit-einem-Volumen-von-SAR-1-Milliarde-(USD-2.aspx
Category:2014 establishments in Saudi Arabia Category:Government-owned companies of Saudi Arabia Category:Saudi Arabian brands
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