24 Hrs
Source:
البلاد
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Investment Fund Introduces Tawreed Supply Financing
The Public Investment Fund has launched Tawareed for Financing Solutions, a digital platform that offers supply chain financing products for companies in Saudi Arabia. The initiative aims to strengthen the private sector's role, improve capital efficiency, and enhance liquidity management. Tawareed has obtained a license from the Saudi Central Bank and is working on establishing links between buyers, suppliers, and financing entities. Additionally, it provides solutions such as early invoice payments to expand business and support the diversification of the local economy. The company has already begun its operations and expects to sign agreements with local banks and institutions, with the goal of strengthening supply chains and increasing their resilience in the Saudi market.
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