PIF launched Tawrid Co. for Financing Solutions, a digital platform connecting buyers, suppliers and funders with products including early settlement against approved invoices, as the Kingdom works to widen SME financing. The Financial Sector Development Program targets raising SMEs' share of bank financing to 20% by 2030, while the latest IMF data show SME loans accounted for 11% of total bank loans in 2025.
Invoice-backed credit is the chosen mechanism to reach 20%, so a finance director at a Saudi SME should prepare payables data instead of another loan application.
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Now the burger chain discloses
The 2027 electricity tariff disclosures have reached consumer-facing companies. Burgerizzr expects about a 1% rise in annual cost of revenue. National Gypsum expects annual production costs to rise about 1%. Watani Steel expects total cost of sales to rise 1.12%. National Building & Marketing expects its subsidiary Ajeej Steel's energy costs to rise about SAR 3.5 million from 2027.
When a restaurant chain reports the same 1% as a gypsum plant, it shows that the tariff change is affecting every part of the economy that uses power, not just heavy industry.
Eleven percent against twenty
PIF launched Tawrid Co. for Financing Solutions, a digital platform connecting buyers, suppliers and funders with products including early settlement against approved invoices, as the Kingdom works to widen SME financing. The Financial Sector Development Program targets raising SMEs' share of bank financing to 20% by 2030, while the latest IMF data show SME loans accounted for 11% of total bank loans in 2025.
Invoice-backed credit is the chosen mechanism to reach 20%, so a finance director at a Saudi SME should prepare payables data instead of another loan application.
Fifty billion in facilities
Saudi Minister of Municipalities and Housing Majed Al-Hogail said the Kingdom's facility management market has surpassed $50 billion, driven by urban expansion and national projects including preparations for Expo 2030 Riyadh and the 2034 FIFA World Cup. He was speaking at the third International Facility Management Conference and Exhibition in Riyadh, which drew more than 200 public and private entities.
This market grows through operating budgets rather than capital budgets. Therefore, owners of Saudi facilities services firms should pursue multi-year contracts instead of bidding on individual projects.
