Dussur

The Arab Energy Fund and Dussur sign $200m MoU to boost greenfield energy projects

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RIYADH: Greenfield energy projects are set to receive a boost, as The Arab Energy Fund has signed a $200 million funding agreement with the Saudi Arabian Industrial Investments Co.  A memorandum of understanding was executed between the energy-focused financial institution TAEF and the Saudi-based industrial investment and development company, also known as Dussur.   This deal aims … Read more

PIF-backed Dussur, Baker Hughes open chemicals and industrial materials facility in Jubail

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Arab nations see 9.8% surge in public expenditure, reaching $957.5bn in 2022: report  RIYADH: Arab countries witnessed a 9.8 percent increase in total public expenditure, reaching $957.5 billion in 2022, compared to $878.9 billion in 2021, according to a recent analysis.  The 43rd edition of the Arab Monetary Fund’s Joint Arab Economic Report disclosed that … Read more