Webinar: Exploring Financial Incentives & Project Financing Opportunities

Posted on 01 September 2020

Date: Tuesday, 8 September 2020
Time: 11:00 (BST) / 13:00 (Saudi)

The Department for International Trade and Arabian Enterprise Incubators (AEI) in partnership with the Saudi Industrial Development Fund (SIDF) and Ministry of Investment (MISA) invite you to join “Exploring Financial Incentives” webinar.

Inspired by a daring vision to blaze a path to success for the industrial sector in Saudi Arabia, the Saudi Industrial Development Fund (SIDF) was founded to play a leading role in effectuating development policies and programs. With an appetite of expenditure of SAR 105bn (excess of £21bn) this is the ultimate opportunity for both UK and Saudi companies to benefit given the current challenges resulting from COVID19.

SIDF has introduced a new package of financial products and services through the National Industrial Development and Logistics Program (NIDLP) as a breakthrough in its quest towards reaching Vision 2030’s objectives. NIDLP contributes by adding SAR 1.2bn to GDP ,generating jobs, improving the balance of payments and strengthening the local content.

Moreover, the Ministry of Investment (MISA) continues to support new investors by helping them explore and access a wide range of incentives that make it easier than ever before to do business in Saudi Arabia. These incentives include export credit and loan programs, customs duty exemptions, tax credits and exemptions, financing guarantees and insurance, utilities incentives and property solutions, employment funding, and ecosystem stimulus for SMEs.

Sectors applicable:
•Energy
•Fire & Safety
•Infrastructure
•Life Sciences / Pharma
•Logistics
•Mining
•Oil & Gas, Chemicals
•Renewables

Opening Remarks:
•Ms. Noor Shabib , Vice President, Strategic Planning &
Business Development, SIDF
•Mr. Chad Woodward, Director DIT KSA & Deputy HM Trade
Commissioner MEAP

Presenters
•Mr. Yazan Shukair : Head of Market Entry, Arabian Enterprise
Incubators
•Mr. Abdulaziz Alghifaili : Int’l Office Director UK, Ministry of
Investment
•Mr. Mohanad Al Nuaim : Credit Relationships Director, SIDF
•Mr. David Moleshead: Senior Counsellor, UK Export Finance.
•DIT/SDI: Ms. Ansa Ghulam, Mr. Omar Saeed, Mr. Mohammed
Farooq, Mr. Khalid Darazi, Mr. Sharif Moussa

Agenda
•Introduction by Arabian Enterprise Incubators
•Ministry of Investment (MISA) offer / incentives / opportunities
•SIDF Overview, services / packages offered
•UK Export Finance offer / support for companies
•Department for International Trade & Scottish Development
International Clusters Overview
•Q&A Session

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