Saudi Industrial Development Fund

Entity type image
Type: Company
Name: Saudi Industrial Development Fund
First reported Jun 17 2013 - Updated Jun 18 2013 - 1 reports
Saudi Aramco
Saudi Aramco

Dow and Aramco sign on Sadara

Saudi Aramco and Dow Chemical signed the remainder of the $12.5 billion financing for the Sadara petrochemicals complex on 16 June. The financing supplements the R7.5 billion ($2 billion) that project company Sadara Chemical Company raised through a Sukuk ... [Published Project Finance Magazine - Jun 17 2013]
First reported Jun 14 2013 - Updated Jun 14 2013 - 1 reports
King Abdullah bin Abdulaziz Al Saud
King Abdullah bin Abdulaziz Al Saud

Default rate for SIDF loans minimal

In This ArticleSaudi Industrial Development Fund Related Massive plan to develop Riyadh's CBD Ashghal awards road contracts worth QAR7.2bn Friday 14 June 2013The Saudi Industrial Development Fund ( SIDF ) has approved more than 3,480 loans worth SR 106 ... [Published Zawya.com - Jun 14 2013]
First reported Jun 13 2013 - Updated Jun 13 2013 - 1 reports

Saudi Sipchem unit gets $187.7 million loan

Funding to be used for new Jubail plant Beirut: Saudi International Petrochemical Co (2310.SA), or Sipchem, said its local unit International Polymers Co, or IPC, has signed an agreement for a long-term loan worth 704 million Saudi riyals ($187.7 million, ... [Published Gulf News - Jun 13 2013]
First reported Jun 13 2013 - Updated Jun 13 2013 - 1 reports

Saudi IPC signs SAR 704 million financing deal with PIF

Arab News reported that Saudi International Petrochemical Company announced that its affiliate, International Polymers Company signed on Monday June 10th a financing agreement of SAR 704 million with Public Investment Fund. The loan is repayable over ... [Published Steel Guru - Jun 13 2013]
First reported Jun 09 2013 - Updated Jun 09 2013 - 1 reports

Construction boom putting high pressure on cement demand

With massive investments being pumped into the infrastructure space, the outlook for the Saudi cement sector looks bright in the coming years. Cement companies have benefited largely from cheap raw materials and fuel availability, making them outstandingly ... [Published GulfBase - Jun 09 2013]
First reported Jun 09 2013 - Updated Jun 09 2013 - 1 reports

*Saudi Industrial Development Fund Provides SR 9,940 Million Loans

SPA -- Saudi Industrial Development Fund provided 136 loans worth SR 9,940 million during the fiscal year 1433/1434 AH.According to Saudi Press Agency (SPA), the Fund said in a report issued today that the number of loans increased by 15% in comparison ... [Published Saudi Press Agency - Jun 09 2013]
First reported Jun 05 2013 - Updated Jun 05 2013 - 1 reports

Sadara waits on debt allocations

The sponsors of the Sadara petrochemicals project still have to decide the exact debt contributions from banks and export credit agencies towards its $20 billion cost. The Saudi Aramco and Dow Chemicals joint venture closed a R7.5 billion ($2 billion) ... [Published Project Finance Magazine - Jun 05 2013]
First reported Jun 04 2013 - Updated Jun 04 2013 - 1 reports

Spichem unit signs 257.5m Saudi riyal loan

Loan to be used for building new plant Dubai: A Saudi International Petrochemical Co. unit has signed a 257.5 million riyals ($68.7 million) loan agreement with Saudi Industrial Development Fund to help finance the construction of a plant at its industrial ... [Published Gulf News - Jun 04 2013]
First reported May 27 2013 - Updated May 27 2013 - 1 reports

Saudi International SMEs Forum to be held under auspices of Minister of Finance

Under the auspices of the Minister of Finance, His Excellency Dr. Ibrahim bin Abdulaziz Al-Assaf, the Saudi International SMEs Forum will be held on 28-29 May, 2013/ 18-19 Rajab 1434, at the Four Seasons Hotel in Riyadh. Under the auspices of the Minister ... [Published AME Info - May 27 2013]
First reported May 26 2013 - Updated May 26 2013 - 2 reports

Saudi fund to host SMEs forum

Saudi Industrial Development Fund has announced plans to organise a two-day forum for the small and medium enterprises (SMEs) starting from May 28 in Riyadh.The Saudi International SME Forum is being held under the patronage of Minister of Finance, Dr ... [Published Trade Arabia - May 26 2013]
First reported May 24 2013 - Updated May 25 2013 - 1 reports

Forum set to focus on ways to support SMEs

RIYADH – A large number of officials and representatives of business and banking sector experts will focus for two days to on the situation of Saudi small and medium-sized enterprises and the challenges they face to enhance their role in economic development ... [Published Saudi Gazette - May 24 2013]
First reported May 21 2013 - Updated May 21 2013 - 2 reports

ALARA CHASES TITLE CLEARANCE FOR SAUDI ZINC PROJECT

Riyadh , May 21Delays in the transfer of the mining licence and exploration licences to a new joint venture company are raising concerns for Australian mining company Alara Resources as it pushes towards development of the $US257M Khnaiguiyah zinc-copper ... [Published Mining Business Media - May 21 2013]

Quotes

...Director General of the SIDF Ali Al- "Aid said the volume of nonperforming, or defaulting loans is estimated at SR 1.5 billion which represents only 1.5 percent of the total loans approved by the SIDF since its establishment. This low defaulting percentage is considered significant by the standards of global financial institutions. The SIDF has always tried to settle problems related to defaulting issues, he was quoted as saying by the local media."
Default rate for SIDF loans minimal [Published Zawya.com - Jun 14 2013]
"Commencing December 2014, the loan will be repayable over 14 years in 26 semiannual and equal installments."
PIF to finance International Polymers' EVA / LDPE facility [Published Chemicals Technology - Jun 12 2013]
However, the company seems to be struggling with its Jordan subsidiary. "We have therefore cut our estimates on its Jordan subsidiary but still remain positive on its investment in Jordan asas it is one of the higher margin markets. Arabian cement appears undervalued with a modest 2013 PE of 7.8 percent, and a dividend yield of 6 percent makes us believe that the company has a healthy upside potential" says the CWC report
Construction boom putting high pressure on... [Published Arab News - Jun 08 2013]
Dr. Rasheed AlZahrani, CEO, RVC, said, "It is a pleasure to be part of such a crucial forum which intends to advocate the present and the future initiatives in order to direct and put inin practice engaging and efficient SME support programs. Moreover, we are here to support this leadership initiative taken by the SIDF and the SCSB in leading the way for bringing the revolution in this level of industry."
Riyadh Valley Company showcases its portfolio strength and capabilities at Saudi International SM ... [Published AME Info - Jun 03 2013]

More Content

All (34) | News (27) | Reports (1) | Blogs (0) | Audio/Video (0) | Fact Sheets (6) | Press Releases (0)
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SAUDI INTERNATIONAL PETROCHEMICHAL CO.: Sipchem... [Published 4 Traders - 18 hours ago]
Dow and Aramco sign on Sadara [Published Project Finance Magazine - Jun 17 2013]
Default rate for SIDF loans minimal [Published Zawya.com - Jun 14 2013]
Saudi Sipchem unit gets $187.7 million loan [Published Gulf News - Jun 13 2013]
Saudi IPC signs SAR 704 million financing deal ... [Published Steel Guru - Jun 13 2013]
PIF to finance International Polymers' EVA / LD... [Published Chemicals Technology - Jun 12 2013]
IPC signs SR 704 m financing deal with PIF [Published Arab News - Jun 11 2013]
SAUDI INTERNATIONAL PETROCHEMICHAL CO.: Sipchem... [Published 4 Traders - Jun 11 2013]
*Saudi Industrial Development Fund Provides SR ... [Published Saudi Press Agency - Jun 09 2013]
Construction boom putting high pressure on ceme... [Published GulfBase - Jun 09 2013]
Construction boom putting high pressure on... [Published Arab News - Jun 08 2013]
American Arabian Development Co Commands A High... [Published Seeking Alpha - Jun 07 2013]
Sadara waits on debt allocations [Published Project Finance Magazine - Jun 05 2013]
Riyadh Valley Company demonstrates business & i... [Published MENAFN - Jun 04 2013]
Spichem unit signs 257.5m Saudi riyal loan [Published Gulf News - Jun 04 2013]
Sipchem Announces One of Its Affiliates Signed ... [Published GulfBase - Jun 04 2013]
Riyadh Valley Company showcases its portfolio s... [Published AME Info - Jun 03 2013]
SABIC demonstrates strong support for Saudi Ara... [Published Eye of Riyadh - Jun 02 2013]
Finance Minister honors NCB for key Kafala role [Published Arab News - May 29 2013]
Saudi International SMEs Forum: HE Minister of ... [Published Zawya.com - May 29 2013]
Al-Assaf: SMEs enjoying many benefits [Published GulfBase - May 29 2013]
Saudi International SMEs Forum to be held under... [Published AME Info - May 27 2013]
Saudi Arabian forum set to boost SMEs [Published Arabian Business - May 27 2013]
Saudi fund to host SMEs forum [Published Trade Arabia - May 26 2013]
WITH PATRONAGE OF THE MINISTER OF FINANCE [Published Dubib.com - May 26 2013]
Forum set to focus on ways to support SMEs [Published Saudi Gazette - May 24 2013]
ALARA CHASES TITLE CLEARANCE FOR SAUDI ZINC PRO... [Published Mining Business Media - May 21 2013]
STUDY BACKS SAUDI ZINC PROJECT - Update [Published Mining Business Media - May 21 2013]
Fact Sheet for Saudi Industrial Development Fund [Published Able2Act - Jan 02 2008]
Fact Sheet for Saudi Industrial Development Fund [Published Able2Act - Jan 02 2008]
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In Focus
  •  
Saad Bin Hamdan Al-Hamdan, Ibrahim Abdul Aziz Al-Assaf, Hamad Al-Sayari, [more]
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Sipchem, Saudi International Petrochemical Company, Public Investment Fund, [more]
  •  
Saudi Arabian Monetary Agency, International Finance Corporation, World Bank Group, [more]
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SME Small & Medium Sized Enterprises, Small & Medium Enterprises, Fiscal Year, [more]
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Google Finance
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Riyadh, Dubai, Beirut
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Saudi Arabia, Chile, Oman, [more]
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Land development, Financial Reporting, Venture Capital, [more]
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Construction, Mining & Metals, Utilities, [more]
Able2Act, Saudi Press Agency, GulfBase, [more]
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