The Saudi Industrial Development Fund (SIDF) was established in 1974 as a government financial institution to realize the objectives, policies, and programs of industrial development in Saudi Arabia. SIDF is aimed at supporting the private sector in various industrial fields, financing and developing the industrial sector in conjunction with government entities. SIDF provides loans and advisory services to investors wishing to expand or modernize industrial projects and supports small and medium-sized enterprises by providing them with special financing products.