The Board of Directors of the Saudi Industrial Development Fund (SIDF), under the chairmanship of Governor of the Saudi Arabian Monetary Agency (SAMA) Hamad Ibn Saud Al-Sayyari, has approved loans amounting to SR 453 million (U.S. $ 120.8 million) for seven new private-sector industrial projects. These projects are for the production of anti-plastic oxidation materials, plastic food wrappings, insulated multi-layer glass, material for coating carpets, polyester thread, oxidized-aluminum materials, oxygen and nitrogen.

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