Saudi Industrial Development Fund Receives Broader Sector Mandate

Posted on 07/10/2019


The Saudi Industrial Development Fund (SIDF) was formed in 1974. The Saudi government expanded the mandate of the industrial fund to allow the financing of energy, logistics and mining projects, as part of broader efforts to develop the kingdom’s industries. The fund is around 105 billion SAR in size (US$ 28 billion). Previously, the fund […]