Building Tomorrow’s Industries Today

We are a dedicated private equity firm, we partner with local and international businesses to provide capital and expertise, helping them scale, innovate, and contribute to the Kingdom’s economic diversification.

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HE. Mr. Bandar Alkhorayef

HE. Mr. Bandar Alkhorayef

Minister of Industry and Mineral Resources, Chairman

The SIDF Investment Company (SIC) represents a pivotal milestone within the framework of Saudi Vision 2030. It was established to empower the Kingdom’s industrial sector and build upon the distinguished legacy of the Saudi Industrial Development Fund (SIDF). The company is dedicated to driving a transformative shift in Saudi Arabia’s industrial landscape and solidifying the kingdom’s position as a global industrial leader through strategic alliances and innovative investment solutions.

SIC’s vision focuses on becoming the partner of choice for industrial investors by fostering growth and innovation while promoting industrial diversity and advancement. It seeks to enhance the attractiveness of industrial investments by adopting sophisticated financial strategies, leveraging both debt and equity instruments, to build a sustainable and competitive industrial ecosystem.

The company adopts clear strategic objectives including accelerating economic growth, enhancing industrial capabilities, and encouraging innovation and technological advancement while attracting private sector investments to further support national economic development. Through disciplined governance practices and recruiting top-tier talent, SIC aims to achieve operational and financial sustainability while delivering measurable returns that are sustainable for industrial companies.

As a key enabler to the industrial sector, SIC offers a comprehensive suite of tools and services that include facilitating access to subsidized programs across the ecosystem, implementing advanced portfolio management techniques, and pioneering sustainable investment strategies that leverages other established funds and entities. Additionally, SIC aims to empower small and medium-sized enterprises (SMEs) by addressing their unique challenges through a tailored and comprehensive bundle of financial solutions, incorporating both debt and equity instruments.

The company strategically focuses on mergers and acquisitions to foster resilience and efficiency within industrial entities. Through active investing, SIC also seeks to encourage private capital flows into the industrial sector to institutionalize SMEs, ensuring their long-term viability and impact.

SIC’s advanced strategies emphasize the development of a sustainable and competitive industrial ecosystem, while ensuring adherence to global governance standards to foster trust and transparency with investors. Furthermore, the company supports value-add investments that strengthen supply chains and align with the Kingdom’s localization objectives. Through indirect investments in industrial funds where SIC is the anchor investor, the company ensures sustainable financial returns while driving the growth of the broader industrial economy.

With its comprehensive strategies and promising vision, the SIDF Investment Company aims to be a leader of industrial transformation that contributes to sustainable development and reinforces Saudi Arabia’s position as a competitive global industrial hub.

Fahad Alnaeem

Fahad Alnaeem

CEO

The SIDF Investment Company (SIC) embodies an ambitious vision aimed at transforming Saudi Arabia into a leading global industrial hub by enabling the Kingdom’s industrial base and contributing to a diversified and sustainable national economy. A cornerstone of our approach is fostering strong partnerships with the private sector, recognizing that sustainable development is a shared endeavor. To achieve this, the company offers innovative investment solutions through investing in Private Equity and Private Debt instruments in promising industrial projects that support local industries, drive innovation, and enable private sector participation. Our commitment to global best practices and robust governance standards will ensure success for us, our investors, and the industrial ecosystem to create opportunities that support the industrial sector and enhance economic diversification and sustainability.

Our commitment to supporting investments in the industrial sector stems from our firm belief in its importance to realizing Saudi Vision 2030, by providing investment products focused on promising opportunities in strategic and high-impact sectors. This, in turn, will contribute to creating an environment that enables small and medium enterprises to grow and expand, contributing to a strong and prosperous national economy.

Our vision is to become the preferred partner for industrial investors enabling growth, innovation and diversification of KSA’s industrial sector.

Catalyze industrial advancement in KSA by crowding-in private sector investments in industrial enterprises through tailored equity and debt investment strategies nurturing a competitive and sustainable industrial ecosystem. SIC aims to realize its Mission through the following key strategic objectives

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Board Members

HE. Mr. Bandar Alkhorayef

His Excellency Mr. Bandar Bin Ibrahim AlKhorayef

Chairman Of The Board

HH. Prince Sultan Bin Khalid

His Highness Prince Sultan bin Khalid Al-Saud

Vice Chairman

HE. Eng. Khalil Ibnsalamah

His Excellency Eng. Khalil bin Ibrahim Ibnsalamah

Board Member

HE. Dr. Nabeel Koshak

His Excellency Dr. Nabeel bin Abdulqadir Koshak

Board Member

Mr. Ammar Alkhudairy

Mr. Ammar bin Abdulwahid AlKhudairy

Board Member

Mr. Abdulwahab Albetairi

Mr. Abdulwahab bin Abdulkarim Al Betairi

Board Member

Mr. Abdulelah Alnemr

Mr. Abdulellah bin mohammed Al-Namer

Board Member

Executive Team

Fahad Alnaeem

Fahad Alnaeem

Chief Executive Officer

Fahad Alnaeem

Chief Executive Officer

Seasoned executive and Investment professional with over 17 years of experience in Finance and Investment sectors

Experience Past

  • Deputy Minister at Ministry of Investment
  • Chief Investment Officer at Nusaned Investment (SABIC)
  • Associate Director - Investment at Dussur
  • Private Equity at Sanabil Investment
  • Investment banking at Morgan Stanley

Past Boards and Committees

  • NIDLP – BoD member
  • Monshaat – BoD member
  • Kafalah – BoD member
  • Aseer Dev. Authority – IC member
  • Premium Residency Committee for Entrepreneurs - Chairman
  • Saudi Electronic University – IC member
  • ALAT (PIF) – Excom and IC member
Mazen Alghamdi

Mazen Alghamdi

Chief Investment Officer

Mazen Alghamdi

Chief Investment Officer

Investment professional with more than 14 years of experience in Investments in the Industrial sector.

Experience Past

  • Investment Director at Dussur
  • Global Corporate Banking and Investment Banking in JP Morgan
  • Management consulting in McKinsey and Company

Past Boards and Committees

  • Italmatch Chemicals – BoD and Audit Committee member
  • Elessent Clean Technologies – BoD and Audit Committee member
Sattam Buali

Sattam Buali

Chief Financial Officer

Sattam Buali

Chief Financial Officer

Highly experienced Finance professional and leader with over 14 years of experience in Finance/Accounting and Petrochemical sectors.

Experience Past

  • DM Advisor/Director of Banking at Ministry of Investment
  • Head of Finance Department at Nusaned Investment (SABIC)
  • Senior Finance Specialist - SABIC Corporate Finance

Past Boards and Committees

  • Member of several committees at Ministry of Investment
  • Investment committee at Nusaned Investment - Secretary
Majed Alsanea

Majed Alsanea

Chief Operations Officer

Majed Alsanea

Chief Operations Officer

Seasoned professional and leader with more than 20 years of experience in HR, IT, Strategy, and international organizations & partnerships.

Experience Past

  • Senior Advisor to the CEO at SIDF
  • Division Head of different functions including HR, IT and Int Partnerships at Saudi Aramco
  • Head of International Universities partnership and HR at Aramco Asia HQ in Beijing

Past Boards and Committees

  • Higher Committee of Investment Track post COVID 19 – Team Secretary
  • Sustainability Board of The Montreal Group - member
  • Saudi Advanced Manufacturing Hub of the World Economic Forum – member
  • D20/ Long Term Investors Club - Secretary
Salah Al-Harbi

Salah Alharbi

General Counsel

Salah Alharbi

General Counsel

Legal Counsel leading legal strategy and overseeing structuring and execution of corporate and investment transactions, including private equity and fund-related matters.

Experience Past

  • General Counsel SIDF Investment Company
  • General Counsel Jada Fund of Funds Company
  • General Counsel Al Rajhi Holding Group
  • Legal Advisor to governmental, semi-governmental, and private sector entities

Past Boards and Committees

  • Advisor to investment, Boards and executive committees on legal and governance matters