‎PIF launches Tawrid for supply-chain financing

‎PIF launches Tawrid for supply-chain financing ‎PIF launches Tawrid for supply-chain financing

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Logo ofTawrid Company for Financing Solutions

PIF today announced the launch of Tawrid Company for Financing Solutions, an innovative digital platform providing supply-chain financing products to companies in the Saudi Arabian market.

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Tawrid has obtained the Saudi Central Bank’s (SAMA) permit to operate under the regulatory “Sandbox” environment.

According to PIF, supply-chain financing products help companies fund their broader activities, while Tawrid’s digital offering will further support the Saudi private sector, particularly small and medium-sized enterprises (SMEs).

Tawrid has started operations and has already signed binding agreements with local banks and companies, including Gulf International Bank (GIB), Saudi National Bank (SNB), Banque Saudi Fransi (BSF), ROSHN Group, and Nesma Partners.

Tawrid will connect buyers, suppliers, and funders through its digital platform, offering a range of financing products, including early settlement options against approved invoices, to help businesses expand operations, improve working capital efficiency, and enhance liquidity management.

The launch of Tawrid aligns with PIF’s strategy to increase the Saudi private sector’s contribution to its projects and portfolio companies and expand the sector’s share of the local economy. Its platform will enable local banks registered on its network to engage with registered suppliers, strengthening supply chains while supporting the diversification of financial services and the digitalization of trade in Saudi Arabia.

PIF’s investment in supply-chain financing builds on its efforts to support the growth, resilience, and strength of supply chains in Saudi Arabia. Tawrid will create more opportunities for local suppliers and encourage them to develop their capabilities, in line with PIF’s strategic objectives to engage the private sector and enable it to contribute to a more diversified economy with deep, local, tech-enabled supply chains.

Sultan Alsheikh, Head of Financial Institutions in MENA Investments at PIF, said Tawrid will strengthen and enhance the resilience of Saudi supply chains by improving companies’ access to financing and liquidity management. Its supply-chain financing products will enable businesses to operate with greater agility and efficiency, creating further opportunities for the Saudi private sector.

The financial services industry is a strategic enabler of the six ecosystems that PIF recently announced as part of its 2026–2030 strategy.

 

Logo ofTawrid Company for Financing Solutions

PIF today announced the launch of Tawrid Company for Financing Solutions, an innovative digital platform providing supply-chain financing products to companies in the Saudi Arabian market.

Tawrid has obtained the Saudi Central Bank’s (SAMA) permit to operate under the regulatory “Sandbox” environment.

According to PIF, supply-chain financing products help companies fund their broader activities, while Tawrid’s digital offering will further support the Saudi private sector, particularly small and medium-sized enterprises (SMEs).

Tawrid has started operations and has already signed binding agreements with local banks and companies, including Gulf International Bank (GIB), Saudi National Bank (SNB), Banque Saudi Fransi (BSF), ROSHN Group, and Nesma Partners.

Tawrid will connect buyers, suppliers, and funders through its digital platform, offering a range of financing products, including early settlement options against approved invoices, to help businesses expand operations, improve working capital efficiency, and enhance liquidity management.

The launch of Tawrid aligns with PIF’s strategy to increase the Saudi private sector’s contribution to its projects and portfolio companies and expand the sector’s share of the local economy. Its platform will enable local banks registered on its network to engage with registered suppliers, strengthening supply chains while supporting the diversification of financial services and the digitalization of trade in Saudi Arabia.

PIF’s investment in supply-chain financing builds on its efforts to support the growth, resilience, and strength of supply chains in Saudi Arabia. Tawrid will create more opportunities for local suppliers and encourage them to develop their capabilities, in line with PIF’s strategic objectives to engage the private sector and enable it to contribute to a more diversified economy with deep, local, tech-enabled supply chains.

Sultan Alsheikh, Head of Financial Institutions in MENA Investments at PIF, said Tawrid will strengthen and enhance the resilience of Saudi supply chains by improving companies’ access to financing and liquidity management. Its supply-chain financing products will enable businesses to operate with greater agility and efficiency, creating further opportunities for the Saudi private sector.

The financial services industry is a strategic enabler of the six ecosystems that PIF recently announced as part of its 2026–2030 strategy.

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