SIDF News

Masic Logistics, a subsidiary of Mohammed Ibrahim Al Subeaei & Sons Investment Company (MASIC), announced the completion of a strategic partnership deal with the entry of two new investment partners: the SIDF Investment Company (SIC) and Wisayah Global Investment Company, a subsidiary of Aramco. This strategic move aims to support the company's expansion plans in developing logistics and industrial solutions within the Kingdom of Saudi Arabia.

This strategic investment marks a pivotal milestone in Masic Logistics' journey to solidify its position as a leading national developer and operator of logistics and industrial solutions. These include workforce facilities, ready-built factories, model warehouses, and integrated operational infrastructure. The partnership aligns with national efforts to strengthen supply chains, empower the industrial sector, and enhance infrastructure efficiency in support of Saudi Vision 2030 and the objectives of the National Industrial Strategy.

This investment, marked by the entry of well-established partners in the market, reflects the high level of confidence in the company's business model and expansion strategy. It will contribute to accelerating growth, expanding operations, and delivering added value to both investors and clients.

Mr. Abdulaziz Mohammed Al-Subeaei, Chairman of Masic Logistics and Board Member of Mohammed Ibrahim Al-Subeaei & Sons Investment Company (MASIC), expressed his outlook for the upcoming phase, stating:

“We view this strategic partnership with the SIDF Investment  Company (SIC) and Wisayah Global Investment Company as a pivotal step in our journey to enhance our contribution to the development of Saudi Arabia's logistics and industrial infrastructure. We believe this alliance represents an effective national model of collaboration between the public and private sectors, and of integration between investment and operations strengthening the competitiveness of the sector and supporting the goals of Saudi Vision 2030 in diversifying the economy and empowering vital industries."

For his part, Mr. Fahad bin Jamal Al-Naeem, CEO of SIDF Investment Company (SIC), stated that the partnership with Masic represents a significant step toward enabling industrial facilities to access advanced operational solutions and developing industrial infrastructure that meets the growing demands of the Kingdom's industrial sector. He emphasized that this investment reflects the company's commitment to enhancing the competitiveness of vital productive sectors and embodies the spirit of partnership with the private sector, which is a key pillar in achieving national strategic goals.

Commenting on this investment move, Ms. Sheila bint Adheeb Al-Ruwaili, CEO of Wisayah Global Investment Company, explained that the deal is part of the company's investment strategy in local private alternative asset markets. She stated that the company seeks high-quality opportunities that provide significant financial returns in sectors of high appeal and importance, contributing to the realization of Saudi Vision 2030. She added:

“Our investment in Masic Logistics is a natural step in a long-standing relationship with the company and its owners, following a previous investment. We believe the company is poised for new successes and a promising future, supported by its partners and the presence of an effective and ambitious management team that serves an important sector within the Kingdom's industrial and logistics ecosystem."


Mr. Rami Ali Al-Sheikh, CEO of Masic Logistics, expressed:

“We are proud to welcome SIDF Investment Company (SIC) and Wisayah Global Investment Company into the shareholder structure of Masic Logistics. This strategic step reflects the trust of leading national institutions in our capabilities and future potential. This partnership is a genuine support to our expansion plans and our approach to maximizing added value in the logistics industrial sector. We are entering a new phase of qualitative growth, supported by strategic alliances, an ambitious team, and comprehensive institutional development plans. In this context, we are working on launching a new corporate identity that reflects our renewed ambitions and our drive toward operational excellence, delivering sustainable value to our clients and partners."

This alliance serves as an integrated national model, combining executive and investment expertise across various sectors of industry and services. The SIDF Investment  Company (SIC) plays a role in enabling industrial growth and driving quality investments, while Wisayah, as Aramco's investment arm, brings expertise in asset diversification through long-term local and international partnerships. Masic Logistics is the leading executive entity in developing and operating integrated solutions for facilities and logistics and industrial infrastructure.

This investment underscores the importance of national partnerships in building a more competitive and prosperous future for the logistics and industrial sectors in the Kingdom of Saudi Arabia.