Introduction
SIDF Investment Company (SIC) referred to as the “Company” is committed to protecting your personal data and ensuring its confidentiality. This policy shows how to collect, use, process, preserve and protect your personal data in compliance with Saudi Arabia's regulations, including the Personal Data Protection System (PDPL) and other relevant regulations.
1. Defination
For the purposes of this Privacy Policy, the following definitions are used:
1.1 Personal Data: Any data that can identify an individual, including name, contact details, financial information, and location data.
1.2 User: Any individual who interacts with our Services and agrees to this Privacy Policy.
1.3 Sensitive data: Data that reveals racial or ethnic origin, political opinions, religious beliefs, biometric data, health data, or any other data that is defined as sensitive under Saudi law.
2. Personal Identity Information
We use the information we collect for the following purposes:
- To evaluate and process investment proposals.
- To communicate with you regarding our services, projects, or inquiries.
- To conduct due diligence and background checks for investments or partnerships.
- To comply with legal obligations and regulatory requirements, including anti-money laundering (AML) and "Know Your Customer" (KYC) protocols.
- To improve our website and user experience.
3. Disclosure of Your Information
We may disclose your personal data to third parties in the following circumstances:
- Service Providers: We may share data with trusted third-party service providers to facilitate our operations, such as legal advisors, auditors, financial institutions, or IT service providers.
- Legal Obligations: We may disclose information to comply with Saudi Arabian laws, government requests, or legal processes.
- Business Transfers: In the event of a merger, acquisition, or sale of SIC's assets, your information may be transferred as part of that transaction.
4. Security of Your Information
We implement robust technical and organizational measures to ensure the security of your personal data. We use encryption, firewalls, and secure systems to protect against unauthorized access, data breaches, or loss of information.
However, no data transmission or storage system can guarantee absolute security. We recommend that you also take appropriate steps to safeguard your data.
5. Your Data Protection Rights
Under Saudi Arabian law, you have the following rights regarding your personal data:
- Access: You have the right to request access to your personal data held by us.
- Correction: You may request corrections to inaccurate or incomplete data.
- Deletion: You may request that we delete your personal data under certain conditions.
- Objection: You may object to certain processing activities involving your data.
To exercise these rights, please contact us at [Insert Contact Information].