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Partnership Funds Aramco Facilities
Saudi Aramco, in collaboration with the Small and Medium Enterprises Bank, the "Taleed" Program, and Manafieh Company, announced the launch of financial solutions to facilitate access to funding for SMEs connected to the Aramco ecosystem, aiming to reach nearly 1.5 billion riyals over five years. The initiative aims to support projects in the industrial and services sectors through flexible repayment plans and quick procedures, offering a variety of financial products including working capital, invoice financing, payroll, and purchase orders, all to promote growth and sustainability for small and medium enterprises in Saudi Arabia.
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