
Ministry of Industry Signs Agreement to Provide Financing Solutions for Industrial Facilities
The Ministry of Industry and Mineral Resources signed an agreement with Dinar Investment Company to provide financing solutions for industrial facilities, as part of the ministry's ongoing efforts to enable industrial investments and support growth and expansion in the sector.
The agreement seeks to introduce innovative financial solutions that contribute to the growth and sustainability of local factories, in line with the objectives of the National Industrial Strategy. It also aims to develop Dinar's financial products to better meet the needs of targeted industrial facilities, with the ministry facilitating communication between Dinar and beneficiary establishments.
Under the agreement, Dinar will offer a range of financial technology products through its crowdfunding platform, including working capital and expansion financing, while ensuring efficient and reliable financing services.
The agreement comes within the framework of the ministry’s efforts to build a financially sustainable industrial sector by providing facilities with comprehensive financing solutions that support the growth and development of their businesses.