King and Crown Prince Thank Industrial Development Fund

Riyadh, May 08, SPA--The Custodian of the Two Holy Mosques King
Abdullah bin Abdulaziz Al Saud has expressed his thanks to the
Minister of Finance and all employees of Saudi Industrial Development
Fund for the Fund's achievements, wishing them all further success.
The King has sent a cable to the Minister of Finance Dr. Ibrahim bin
Abdulaziz Al-Assaf, after the King was briefed on the Fund's annual
report for the fiscal year 1428 /1429H showing the achievements of
the Fund in the field of loans provided for industrial projects since
its inception in 1394H.
A similar cable of thanks was also sent by Crown Prince
Sultan bin Abdulaziz Al Saud, Deputy Premier, Minister of Defense and
Aviation and Inspector General.
It is noteworthy that the Fund provided loans amounting to SR 75,617
million since its inception until the end of the fiscal year
1428/1429H contributing to the establishment of 2,140 projects in
various regions of the Kingdom of Saudi Arabia.
--SPA