Riyadh, April 28, 2025Masic Logistics, a subsidiary of Mohammed Ibrahim Al Subeaei & Sons Investment Company (MASIC), announced the completion of a strategic partnership deal with the entry of two new investment partners: the SIDF Investment Company (SIC) and Wisayah Global Investment Company, a subsidiary of Aramco. This strategic move aims to support the company’s expansion plans in…

Riyadh, March 3, 2025The SIDF Investment Company (“SIC”), a subsidiary of the Saudi Industrial Development Fund (“SIDF”), has announced the signing of an investment agreement with Ashmore Investment Saudi Arabia to launch and commence operations of a private closed-end industrial investment fund. This fund is the first-of-its-kind Saudi industrial private equity fund with an unspecified asset…

Riyadh, 14 Jumada Al-Akhirah 1445 AH corresponding to December 27, 2023 AD, SPAThe SIDF Industrial Company announced the appointment of Fahd bin Jamal Al-Naeem as CEO of the company.Al-Naeem held several positions in the public and private sectors, most notably: Undersecretary of the Ministry of Investment for Investment Development, and CEO of Investment at "Nasaned" Investment Company,…

Today, the Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al-Khorayef, announced the establishment of the “SIDF Investment Company,” which will partner with the private sector in investing in the promising opportunities available in strategic and qualitative sectors. According to what the Industrial Development Fund published on its Twitter account, the company will…