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World bank affiliated

The Multilateral Investment Guarantee Agency (MIGA) is a member of the World Bank Group and promotes cross-border investment in developing countries by providing guarantees (political risk insurance and credit enhancement) to investors and lenders.

The guarantees protect investments against noncommercial risks and can help investors obtain access to funding sources with improved financial terms and conditions. MIGA derives its unique strength from the World Bank Group and from its structure as an international organization whose shareholders include most countries of the world. This enables them to provide an umbrella of deterrence against government actions that could disrupt projects, and assist in the resolution of disputes between investors and governments. They also add value through their ability to offer clients extensive knowledge of emerging markets and of international best practice(s) in environmental and social management.

In 2016 MIGA issued US$15.3 million in guarantees to Global Steel Dust SA of Switzerland for its investments in the construction and operation of Saudi Arabia’s first steel fume dust recycling plant.

The GSDG has since then been audited by the environmental experts of the World Bank and MIGA. We adhere to the strict audit requirements of MIGA and have successfully achieved the full compliance of the annual audits. We are proud to be associated with MIGA and strive to maintain our association

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Clean-up campaigns

GSDG partakes in the Global Annual Recycling day that is held in annually in March . The most recent event was commemorated with a tree planting activity in honor of all the COVID19 global events.

School interaction program

Annual secondary school interactions programs are held where GSDG and local schools with their pupils interact and industrial recycling awareness is shown. The recent school interaction was with Al Bassal International School in Al Khobar. GSDG also partakes in annual training events for students studying in the Environment sector.

Global Recycling day

GSDG partakes in the Global Annual Recycling day that is held in annually in March . The most recent event was commemorated with a tree planting activity in honor of all the COVID19 global events.

Full radiation system installed

GSDG installed multiple radiation detection systems that control all incoming and outgoing materials to the plant and to the process, by testing the radioactivity. These systems were installed in 2017 and are an integral part of our operation and service we provide to the industry.

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