BRIEF — PIF Launches Tawrid To Provide Supply — Chain Financing Products In Saudi Arabia

Sept 20 (Reuters) — PUBLIC INVESTMENT FUND: Pif - Launches Tawrid To Provide Supply-chain Financing Products In Saudi Arabia Pif - Tawrid Obtained The Saudi Central Bank’s “sama” Permit To Operate Under The Regulatory “sandbox” Environment Pif - Tawrid Will Play A Significant Role In Connecting Buyers, Suppliers, And Funders Through Its Digital Platform Pif - Tawrid Will Offer Products Such As Early Settlement Options Against Approved Invoices Pif - Tawrid Started Operations And Already Signed Binding Agreements With Local Banks And Companies (Reuters.Briefs@thomsonreuters.com;)