23 Hrs
Source:
المشهد العربي
Saudi Arabia Funds Supply Chain Loan
The article reported that the Public Investment Fund of Saudi Arabia has launched "Tawreed for Financial Solutions," a digital platform offering financing products to empower supply chains for local companies, especially small and medium-sized enterprises. The platform holds a license from the Saudi Central Bank and has begun testing its operations through agreements with major banks and corporations, aiming to enhance liquidity and working capital efficiency in the Saudi market. It also focuses on connecting consumers and suppliers with financial institutions to facilitate early payments and improve liquidity management, in support of economic growth in the private sector.
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