The agreement will see Spark and SIDF
share research on joint projects to foster greater cooperation and integration.
is working to evolve its products and services by
The project will be financed through banks and the state-run Saudi Industrial Development Fund (SIDF
Saudi Arabian Mining Co (Maaden) said on Tuesday it had received a 900 million riyal loan ($240 million) from state-run Saudi Industrial Development Fund (SIDF
) to finance a caustic soda project in Jubail.
Maaden and Alcoa through their jointly-owned units would later sign financing deals worth around $2.6 billion with the Saudi finance ministry's Public Investment Fund (PIF) and government-owned Saudi Industrial Investment Fund (SIDF
The Saudi Industrial Development Fund (SIDF
) is among those which have enjoyed a 21% rise in their budget allocation from the state.
8 March 2010 - Saudi Industrial Development Fund (SIDF
) has extended a SAR200m (USD53.3m/EUR39m) credit to Eastern Petrochemicals Co aimed at bankrolling the building of an ECR glass fiber plant, local paper Al Riyadh said.
But with cheap financing available from the Saudi Industrial Development Fund (SIDF
) and, until relatively recently at least, low-cost feedstock, private petrochemicals projects have opened up opportunities for enterprising Saudi family firms.
Foreign investors participating in the above schemes will be entitled to the same full financial, tariff, land, energy and other benefits under the normal Saudi foreign investment incentive package, which also includes tax holidays of up to 20 years especially if a joint venture has 25% Saudi participation and interest-free loans from the Saudi Industrial Development Fund (SIDF
) of up to 50% of a project's total cost up to a maximum of SR400m.
Anchor has plans approaching enterprise-wide CIM, as do two other New Zealand dairies: Kiwi Dairies and South Island Dairy Farmers (SIDF
Noor Shabib, who is responsible for strategic planning and business development at the Saudi Industrial Development Fund (SIDF
), displays all those professional qualities, and is playing a key role in providing the financial resources to see Vision 2030 through.