Jeddah, Kingdom of Saudi Arabia – 25 December 2025
Ratl Technology Ltd., the visionary architect behind the MUHIDE platform, a leading digital ecosystem for authenticating and governing B2B trade, today announced a landmark strategic agreement with NASCO Saudi Arabia Insurance Brokers a premier licensed insurance brokerage in the Saudi market.
This partnership is set to enable companies to achieve greater stability in their deferred-payment commercial transactions, manage risks effectively, and enhance growth within a credible business ecosystem.
Through this partnership, clients of the “Muhide” platform will be able to access a wide range of trade credit insurance services through NASCO Saudi Arabia and its extensive network of top-tier licensed insurers. This partnership will also provide insurers with authenticated KYB data and digitally governed trade records, facilitating the efficient issuance of insurance policies.
This alliance grants Muhide clients an additional layer of protection. By safeguarding receivables against non-payment and buyer default, companies can confidently extend credit terms. Furthermore, these insurance policies serve as powerful collateral, unlocking preferential, flexible financing from MUHIDE’s financing partners, directly optimizing cash flow and operational liquidity.
Through this partnership, Muhide reaffirms its strong commitment to protecting its clients’ rights and ensuring the highest levels of trust and transparency in trade relationships. The platform offers an innovative solution supported by blockchain technology to provide tamper-proof records. These robust proof mechanisms ensure that in the event of a dispute, MUHIDE acts as a “single source of truth” for all parties involved.
Commenting on this step, Mr. Hashim Al-Husseini, CEO of Ratl Technology, stated:
“Our partnership with NASCO Saudi Arabia embodies our firm commitment to empowering companies in the Kingdom. We believe trade credit insurance is a key enabler of sustainable growth, allowing businesses to scale without fear of credit risks. We aren’t just facilitating exchanges; we are building an integrated ecosystem where documented technology meets world-class insurance protection, ensuring our clients compete with absolute confidence.”
For his part, Mr. Ehab Langawi, General Manager of NASCO Saudi Arabia, added:
“We are pleased to collaborate with an innovative platform like MUHIDE. This agreement will enable us to support companies registered on the MUHIDE platform by providing trade credit insurance services for highly governed transactions. By insuring transactions conducted under MUHIDE’s rigorous governance, we are reinforcing the confidence of investors and financing entities alike. This synergy contributes directly to market stability and the broader economic resilience of the Kingdom.”
Through this strategic alliance, MUHIDE and NASCO are establishing a new era of technology-enabled trade, where data integrity converges with insurance protection to equip national enterprises with a sustainable competitive edge. This collaboration empowers businesses to expand globally, mitigate credit gaps, and directly strengthen the resilience of the Kingdom’s digital economy while accelerating the vitality and growth of trade.
