The Saudi Industrial Development Fund (SIDF) was established in 1974 with an initial capital of SAR 500 million, aiming at supporting industrial development in Saudi Arabia through granting medium and longterm loans to new and existing industrial businesses. SIDF gradually increased its capital to SAR 105 billion by 2019. Throughout 50 years, SIDF has adapted its support to evolving needs of the industrial sector, by encouraging industrial investment opportunities, promoting local industry development, enhancing performance, fostering competition, and backing strategic initiatives. Moreover, SIDF has expanded its support to include emerging sectors in the manufacturing, energy, mining, and logistics industries. Hence, SIDF plays a vital role as the key financial enabler for industrial transformation and national economy development