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 SIDF’s pioneers are honored and new logo is launched

SIDF's pioneers are honored and new logo is launched

Under the auspices  of  H.E.  Dr. Tawfiq Al Rabiah, Minister of Commerce and Industry, SIDF organized at Riyadh on Sunday 21/2/2016 a ceremony to honor its pioneers and launch its new logo and strategy.

The ceremony,  titled "A Touch of  Recognition, Journey of Contribution", was organized in SIDF' recognition of the fundamental roles of  the dignities who have contributed to laying the  groundwork for the Fund activities, establishing SIDF business procedures and processes, and have had a remarkable impact on its march of  accomplishments.  Pioneers' contribution was instrumental in the Fund's performing its vital role in the industrialization development of the Kingdom.

Addressing the event, Dr. Tawfiq Al Rabiah expressed his appreciation for the pioneers' effort in laying the building blocks of this great institution, highlighting that the new SIDF's logo reflects an ambitious vision for new phase of advancement in supporting entrepreneurs to realize their industrial goals.

The Minister pointed out that the Fund has always been keen on recruiting national talents, providing them with specialized training programs that are conducted at the best and recognized international training centers and institutes. This has made the Fund a leading school which produces highly qualified, and well trained Saudi employees who proved to be excel in performing the tasks and responsibilities assigned to them effectively and efficiently.

On his part, Mr. Abdul Karim Al-Nafea, SIDF Director General, congratulated the Fund pioneers on being  honored, stressing that their leadership contribution to the transform the Fund's inception during the challenging times into a confident initiation of outstanding and sustainable journey of achievements.

Mr. Al-Nafea further elaborated that the Fund has undertaken a number of initiatives to contribute to the Kingdom's economic development in general, and industrial development in particular. The Director General pointed out that the Fund new strategy is fundamentally based on the Fund having a greater role in the Kingdom's advancement as an industrialized country, a goal that is attainable by providing effective financial and consultancy solutions, supporting economic diversification, promoting creation of various industrial sectors, developing competitiveness of enterprises, and encouraging strategic initiatives.

He also outlined the new strategy's  features, the most important of which include: initiative in development; responsibility in investment; partnership in growth; provision of professional expertise in consultancy; and constant pursuance of  success in industry. He  stressed that the Fund's successful accomplishments are attributable to Allah Almighty's grace, to continued guidance and support by the Custodian of the Two Holy Mosques King Salman bin Abdul-Aziz, the Crown Prince, the Deputy Crown Prince -may Allah protect them all- and  close and consistent follow-up by H.E. Chairman and members of  the SIDF Board of Directors.

It is worth mentioning that the Fund honorees included  H.E.  Mohammed Ali Abalkhail, H.E. Dr. Ibrahim Abdulaziz Al-Assaf, H.E. Dr. Khalid Mohammed Al Gosaibi, H.E. Hamad Saud Al-Sayari, H.E. Dr. Saleh Abdulaziz Al-Omair, H.E. Dr. Ahmed Abdullah Al-Malik; H.E. Dr. Jubarah bin Eid Al-Suraiseri , Mr. Yousef Ibrahim Al-Bassam; Dr. Abdulrahman Abdullah Al-Humaid,  Mr. Saleh Abdullah Al-Nuaim (May Allah's mercy be upon him) ,  Mr. Muhammed Salem Al-Dubaib and Mr. Ali Abdullah Al-Ayed.


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