The Saudi Industrial Development Fund (SIDF) is a government financial institution established in 1974 to support and diversify the Saudi economy. Headquartered in Riyadh, within the King Abdullah Financial District, SIDF has grown its capital from SAR 500 million to SAR 105 billion by 2019. Dr. Ibrahim Almojel is the Chief Executive Officer. SIDF offers a variety of financial and advisory services to enhance the local industrial sector. It provides mid-term and long-term loans to private enterprises in areas such as energy, logistics, and mining. Additionally, SIDF offers advisory assistance to improve enterprise efficiency and supports strategic initiatives that promote local product development and industrial safety. The fund aims to enhance productivity, integrate sectors, catalyze foreign direct investment, and promote local participation in the industrial landscape. Aligned with Saudi Vision 2030, SIDF is committed to transforming Saudi Arabia into an industrial powerhouse and a global logistics hub, having approved loans for over 4,000 projects with investments nearing SAR 700 billion.