PIF launches Tawreed to offer supply chain finance solutions in Saudi Arabia
Saudi Arabia’s Public Investment Fund has launched Tawreed, a digital platform providing supply chain finance products to companies in the Kingdom.
Key Takeaways
AIThe Public Investment Fund (PIF) has announced the launch of Tawreed Financial Solutions, an innovative digital platform specializing in supply chain finance products for companies in the Saudi market.
In a statement today, PIF said Tawreed has received approval from the Saudi Central Bank (SAMA) to begin piloting its operations within the regulatory sandbox. Financial services are a strategic enabler for the six economic ecosystems recently announced by PIF as part of its 2026–2030 strategic objectives.
Supply chain finance products help companies meet essential funding needs for their operations. Tawreed’s digital platform will support the local private sector, especially small and medium-sized enterprises.
Sultan Al-Sheikh, Head of Financial Institutions for Middle East and North Africa Investments at PIF, said: “Tawreed will strengthen local supply chains and increase their resilience by improving companies’ access to finance and cash flow management. The company will provide supply chain finance solutions, enabling businesses to operate more efficiently and flexibly, and creating more opportunities for the local private sector.”
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Investing in supply chain finance is a natural extension of PIF’s efforts to further develop and strengthen the robust supply chains in the Saudi market. The fund has also worked to expand opportunities for local suppliers to build their capabilities, in line with its strategic goals to boost private sector participation and empower it to contribute to economic diversification and the resilience of local supply chains through advanced technologies.
Tawreed has commenced operations and signed binding agreements with several local banks and companies, including Gulf International Bank – Saudi Arabia, Saudi National Bank, Banque Saudi Fransi, Roshn Group, and Nesma & Partners.
PIF is one of the world’s most influential investment institutions, working to enable new sectors and opportunities that help shape the future of the global economy, deliver returns, and drive economic transformation in Saudi Arabia.
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