The Saudi Industrial Development Fund was established by Royal Decree No. (M / 3) issued on 1394 AH [1974] to realize the Kingdom’s industrial development goals and programs via financing and advisory services. With the announcement of the Kingdom’s Vision 2030 program, SIDF evolved to play a more significant role in the Kingdom’s economic growth and agenda. With a paid in capital of SAR105 billion since 2019, SIDF has been playing a more prominent role as the primary financial enabler of the National Industrial Development and Logistics Programs (NIDLP), which aims to transform the Kingdom into a leading industrial powerhouse and a global logistics hub supporting four main sectors: industry, energy, mining, and logistics. Our Vision: Industrial development fund enabling Saudi Arabia’s transformation to become an industrial powerhouse and a global logistics hub. Our Mission: Enhance ecosystem competitiveness and investments attractiveness by providing financial and non-financial offerings. Our Values: Client’s Success: We support our clients to succeed as we measure our success by theirs. Enablement: We enable others to take ownership of the work we do and the outcomes we are trying to achieve together. Team Work: We work as part of a team to achieve the growth, development and prosperity of our country. Development: Development is at the core of our business. It underpins everything we do. Reliability: We show reliability in our work and all decisions taken.
View Top Employees from SIDFWebsite | https://www.sidf.gov.sa/ |
Employees | 1,290 (435 on RocketReach) |
Founded | 1974 |
Address | PO Box 4143, Riyadh 11149, SA |
Phone | +966 11 825 1000 |
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Industry | Financial Services, Finance General, Finance |
Web Rank | 885906 |
Keywords | Sidf, صندوق التنمية الصناعي, Permits The Exporter To Maintain His Desired Profit Percentage To Set A Suitable Export Price, الصندوق الصناعي, صندوق التنمية الصناعية السعودي |
SIC | SIC Code 628 Companies, SIC Code 62 Companies |
NAICS | NAICS Code 523 Companies, NAICS Code 52 Companies, NAICS Code 523920 Companies, NAICS Code 52392 Companies, NAICS Code 5239 Companies |
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Noor Shabib is the Vice President of Strategy and Business Development of SIDF.
435 people are employed at SIDF.
The NAICS codes for SIDF are [523, 52, 523920, 52392, 5239].
The SIC codes for SIDF are [628, 62].