24 Hrs
Source:
الاقتصادية
Saudi PIF Launches Tawrid Supply Chain Finance
The Saudi Public Investment Fund has launched "Tawrid for Financial Solutions," a digital platform offering tailored financing products for supply chains of companies in the Saudi market. The goal is to enhance financing, manage liquidity, and diversify local supply chains. The company has obtained a license from the Saudi Central Bank and has signed agreements with several local banks and companies. Through its platform, it provides financing to buyers and suppliers, supporting the private sector and strengthening supply chain resilience in Saudi Arabia. This initiative is part of the fund's strategy to increase private sector participation and bolster the national economy.
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