Alnaeem, CEO of the SIDF Industrial Company

Riyadh, 14 Jumada Al-Akhirah 1445 AH corresponding to December 27, 2023 AD, SPA
The 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, affiliated with SABIC. He also previously held the position of Associate Investment Manager at the Saudi Arabian Industrial Investment Company "Dusur", and worked in the private equity investments sector at "Sanabel" Investment Company, affiliated with the Public Investment Fund.

He also served as a member of several national councils and committees, including: the National Industry Development and Logistics Program (NDLP), the Financing Guarantee Program for Small and Medium Enterprises (Kafala), the General Authority for Small and Medium Enterprises (Monsha'at), and was a member of the Investment Committee at the Saudi Electronic University and the Asir Region Development Authority.
It is worth noting that the Industrial Investment Fund Company was established in December 2022, with the aim of working to increase the private sector's contribution to investment in industry, energy, mining and logistics projects, encouraging entrepreneurs and investors to expand in the targeted sectors, and developing the Kingdom's economy by contributing to the growth of the non-oil GDP and investing in promising projects.
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15:24 T.M.