Riyadh - Sharikat Mubasher: New Murabba, a wholly owned subsidiary of the Public Investment Fund (PIF), signed an agreement with the Small and Medium Enterprises General Authority (Monsha’at) to strengthen SME participation across New Murabba’s ecosystem through the Jadeer vendor qualification platform.

The agreement was signed by Andrew Cubitt, Chief Commercial Officer of New Murabba, and Ryan Alfayez, Deputy Governor for Enterprise Services at Monsha’at, according to the official statement.

The deal establishes a framework to use the Jadeer platform to streamline vendor qualification, improve access to qualified SMEs, and support transparent, high-quality supplier engagement. New Murabba will leverage Jadeer as a strategic platform to identify, onboard, and engage SMEs in line with defined qualification and compliance standards.

Together, Monsha’at and New Murabba aim to build a resilient, trusted supplier ecosystem, while creating meaningful opportunities for Saudi SMEs to participate in major development initiatives.

This collaboration underscores New Murabba’s efforts to embed local content, supplier quality, and SME enablement across its operations, reinforcing its role as a platform for sustainable economic participation and partnership.