NTDP and Tamam Sign MoU for SAR 200M Technology Sector Financing Portfolio

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The National Program for the Development of the Information Technology Sector (NTDP) has signed a memorandum of understanding with Tamam to launch a SAR 200 million financing portfolio for technology sector employees.

According to the announcement, the portfolio will provide more flexible and competitive financing solutions to technology professionals, helping them meet financial needs and maintain career stability.

The initiative is also intended to support the retention and growth of national technology talent by offering financing options tailored to employees in the sector. The partners said the move could make the technology industry more attractive to specialized and skilled professionals.

The agreement comes as part of wider efforts to build an integrated support ecosystem for the technology sector. Beyond employment and training, these efforts include financial solutions designed to help professionals continue developing their careers.

The company and program did not provide further details on the financing products, eligibility requirements or launch timeline.

Source: EntArabi

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