Mazen Alghamdi, Head of Investment at SIDF Investment Co. (SIC), said the company’s total investment commitments, including deals that have been completed or are nearing completion, are approaching SAR 1 billion.
Speaking to Argaam on the sidelines of the Money20/20 Middle East conference in Riyadh, Alghamdi said the company’s latest disclosed investment commitments exceeded SAR 800 million. 
He added that the company plans to announce an update on the size of its investment commitments by the end of this year.
SIC has announced three investment deals since the beginning of 2026, including an investment in Brix, a company specializing in the digitization and provision of platforms and solutions for delivering construction tools and materials to project sites, as well as financing solutions.
The second deal involved an investment in Khwarizmi Venture Capital Fund II, which focuses on venture capital investments in industrial sectors and startups operating in the industrial sector.
Mazen Alghamdi, Head of Investment at SIDF Investment Co. (SIC), said the company’s total investment commitments, including deals that have been completed or are nearing completion, are approaching SAR 1 billion.
Speaking to Argaam on the sidelines of the Money20/20 Middle East conference in Riyadh, Alghamdi said the company’s latest disclosed investment commitments exceeded SAR 800 million.
He added that the company plans to announce an update on the size of its investment commitments by the end of this year.
SIC has announced three investment deals since the beginning of 2026, including an investment in Brix, a company specializing in the digitization and provision of platforms and solutions for delivering construction tools and materials to project sites, as well as financing solutions.
The second deal involved an investment in Khwarizmi Venture Capital Fund II, which focuses on venture capital investments in industrial sectors and startups operating in the industrial sector.
