PIF launches Tawrid to strengthen Saudi supply chain financing

Original announcement: 20 September 2026.

PIF announced Tawrid Company for Financing Solutions on 20 September 2026. The digital platform is designed to connect buyers, suppliers and funders, with products intended to support working capital and liquidity management in Saudi Arabia.

What the announcement covers

According to the announcement, Tawrid obtained permission to operate in the Saudi Central Bank’s regulatory sandbox. Its offering includes early settlement against approved invoices, and it has signed agreements with local banks and companies including ROSHN Group and Nesma and Partners.

The business significance is the connection between procurement activity and access to finance, particularly for smaller suppliers. The launch adds a financial service to the wider effort to deepen local supply chains. Product availability and eligibility should be checked directly with the provider.

Source: PIF · official announcement. Checked 16 October 2026. Image credit: PIF.