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Home » 2.6 billion riyals, value of opportunities created for SMEs – Saudi News

2.6 billion riyals, value of opportunities created for SMEs – Saudi News

adminBy adminFebruary 23, 2026 Investor No Comments4 Mins Read
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The Human Resources Development Fund confirmed that the “Forsa” platform, one of the services of the “Nine Tens” program, achieved impressive results during 2025, as since its launch, the value of opportunities and recognitions exceeded SR 5 billion, and the value of opportunities and recognitions approved by SMEs through the platform reached over SR 2.6 billion, reaching 122% compared to AD 2024.

The Fund noted that this performance strengthened the position of the “Forsa” platform as one of the most prominent domestic platforms specializing in the field of competition and procurement, noting that November 2025 saw the largest increase in the history of the platform. The baptism amount exceeded 800 million riyals, the highest amount since its inception.

a vital role

This rapid growth reflects the pivotal role played by platforms in enabling SMEs to access qualitative opportunities offered by leading organizations in the government and private sector, contributing to enhanced competitiveness and increased levels of transparency in procurement systems.

The number of suppliers registered on the platform has reached more than 38,000 companies, underscoring the expansion of the beneficiary base and the growing reliance on the Forsa platform as a reliable channel connecting suppliers with leading companies.

The fund said that the results achieved by 2025 are the result of the continued development of digital services, in line with the goals of Saudi Vision 2030, facilitating the movement of users away from suppliers and buyers, and increasing the platform’s credibility as an effective tool for managing supply operations and competition.

technical ability

The Fund noted that the “Forsa” platform will continue to strengthen its technical and operational capabilities during 2026. The aim is to provide a more efficient user experience and motivate more companies and suppliers to take advantage of the opportunities available.

It is worth noting that Saudi Vision 2030 sets an ambitious goal of increasing the contribution of small and medium-sized enterprises to gross domestic product to 35% by 2030 by improving the business environment, providing financing facilities, and developing legal and economic support systems.

The Human Resources Development Fund confirmed that the “Fursa” platform, one of the services of the “Tis’ah A’shar” program, has achieved impressive results since its launch, recording the value of opportunities and contracts of more than 5 billion riyals, and that in 2025 the value of contract opportunities and projects implemented by SMEs through this platform will exceed 2.6 billion riyals, with a growth rate of 122% compared to 2024.

The Fund explained that this achievement strengthens the position of the “Fursa” platform as one of the most prominent national platforms specialized in the field of competition and procurement, noting that November 2025 saw the largest jump in the history of the platform. The contract amount exceeded 800 million riyals, the highest amount since the service was launched.

central role

This accelerated growth reflects the central role played by platforms that enable SMEs to access high-quality opportunities offered by leading organizations in both the public and private sectors, contributing to increased competitiveness and levels of transparency in procurement systems.

The number of suppliers registered on the platform exceeds 38,000, underscoring the growing base of beneficiaries and the increasing reliance on the Fursa platform as a reliable channel connecting suppliers with leading companies.

The Fund pointed out that the achievements achieved by 2025 are the result of the continued development of digital services, which facilitated the movement of users from suppliers and buyers and increased the credibility of the platform as an effective tool for managing procurement and competition processes, in line with the goals of Saudi Vision 2030.

technical ability

The Fund noted that the “Fursa” platform will continue in 2026 to strengthen its technical and operational capabilities. We aim to provide a more efficient user experience and encourage more businesses and suppliers to benefit from the opportunities available.

It is worth noting that Saudi Vision 2030 sets an ambitious goal of increasing the contribution of SMEs to GDP to 35% by 2030 through improving the business environment, providing financing facilities, and strengthening legal and economic support systems.



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