logo
Buildnow is now Aajil: A bold new chapter empowering Saudi businesses with speed, trust, and growth

Buildnow is now Aajil: A bold new chapter empowering Saudi businesses with speed, trust, and growth

Zawya25-05-2025

Riyadh, Saudi Arabia: Buildnow, the Saudi-born pioneer in Micro and Small to Medium Enterprise (SME), 'Buy Now Pay Later' (BNPL) solutions, proudly announces its rebrand to Aajil (عاجل), an Arabic word meaning urgent or immediate. This change shows how the company is growing beyond one sector, helping small and medium businesses across Saudi Arabia access the support they need to scale. The rebrand underscores Aajil's commitment to national roots, speed, and modernity, which means delivering bold, agile solutions that meet the evolving needs of Saudi entrepreneurs in a digitally connected, fast-paced economy.
Aajil: More Than a Name, A Local Symbol of Speed and Empowerment
The name Aajil was chosen deliberately for its immediacy, local familiarity, and deep emotional resonance in Saudi Arabia. It reflects the company's brand values of urgency, agility, clarity, credibility, and empowerment, and positions Aajil as a true Saudi-first brand.
'Aajil not only demonstrates the speed at which we operate, but also our deeply rooted connection to the Kingdom, our clients, and the pace of progress under Vision 2030. This is more than a rebrand; it's a reaffirmation of our mission.'
- Abdulla Sheikh, Chief Executive Officer of Aajil.
The logo design, set entirely in Arabic, is more than text. It is an iconic brandmark that is clean, purposeful, and aesthetic in its modern Arabic typography, with design lines that visually represent motion, flow, and responsiveness. This elegance in the form matches the elegance in function of Aajil's digital-first platform.
With minimalist symmetry, sharp ascenders, and flowing curves, the logo serves as a wordmark and a visual identity. It signals strength, clarity, and a strong leap into the future of Saudi fintech.
A Strategic Shift with a Wider Mission
While we began our journey focused on construction under the Buildnow brand, we've seen growing interest from various sectors. This is a clear signal that the need for smarter payment solutions extends far beyond building materials. With automated approvals in under 48 hours, minimal documentation requirements, and access to hundreds of verified suppliers, Aajil is built for scale. This rebrand reflects that evolution and reinforces the message that Aajil is: Sector-agnostic: Built for all businesses that value speed, liquidity, and growth.
Locally rooted: A homegrown Saudi company with local understanding and national relevance.
Growth-driven: Focused on real business outcomes, including cash flow optimisation, project acceleration, supplier flexibility, and procurement ease.
'Our ambition is to become the go-to digital platform and partner for every growth business in the Kingdom. Aajil is for builders, makers, traders, and innovators. Aajil is their ally.' Hisham Al Saleh, Cofounder of Aajil
Powering Micro & SME Growth at Scale
With over SAR 250M+ in transactions, 110+ clients, and 400+ supplier partnerships, Aajil offers powerful, digital-first BNPL solutions: BNPL (Buy Now, Pay Later): Access credit lines of up to SAR 2 million, with repayment terms of up to 6 months and approvals in less than 48 hours.
Procurement Services: Discounted sourcing, cash flow optimisation, and seamless fulfillment.
Multi-sector reach: Serving sectors from steel and construction to pharmaceuticals, food imports, and industrial supplies.
Whether a micro business in Madinah importing medical devices or a trader in Dammam managing FMCG stock cycles, Aajil is built to serve with speed and clarity.
'Aajil is not just a rebrand. It's a statement of intent. We're building the growth engine for Saudi entrepreneurs, micro-enterprises, and SMEs' Rahat Dewan, Cofounder of Aajil
As part of the core mission linked to its rebrand, over the coming few months, Aajil will be launching new innovative products and solutions. This will include products aimed specifically at the massive yet underserved segment of Saudi micro-enterprises, and services to enable safer and efficient trade between businesses across Saudi Arabia.
For more information's, please visit https://www.aajil.ai/
About Aajil
Aajil (formerly Buildnow) is a Saudi fintech platform enabling fast, reliable, and tailored Buy Now Pay Later solutions for Micro and SME businesses. With its roots in providing smart access to building materials and a vision for powering all growth businesses, Aajil helps Saudi businesses seize opportunity without delay.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

ABB Saudi Arabia and the SSEWN launch 'ABB Saudi Arabia Women's Mentorship Program 2025'
ABB Saudi Arabia and the SSEWN launch 'ABB Saudi Arabia Women's Mentorship Program 2025'

Zawya

time19 minutes ago

  • Zawya

ABB Saudi Arabia and the SSEWN launch 'ABB Saudi Arabia Women's Mentorship Program 2025'

Empowering Saudi female talent through cross-cultural collaboration and professional development Riyadh, saudi arabia – ABB Saudi Arabia is pleased to announce the launch of its '2025 Women's Mentorship Program', developed in partnership with the Saudi-Swedish Executive Women's Network (SSEWN). This pioneering initiative reinforces ABB Saudi Arabia's commitment to empowering Saudi female talents through cross-cultural collaboration within the Kingdom and beyond. The program is a structured initiative designed to accelerate the professional career growth of ABB Saudi Arabi's female employees by connecting them with experienced mentors from both, the Kingdom of Saudi Arabia and Sweden. Through monthly one-on-one virtual sessions, group mentoring, shadowing opportunities, and real-world business challenges, mentees will gain leadership insights, strategic guidance, and career development support. Targeting both early-career professionals and high-potential Saudi female employees at ABB Saudi Arabia, the mentorship initiative aims to strengthen leadership pipelines and support Saudi Arabia's Vision 2030 goals for increasing Saudi female participation in the workforce. ' This mentorship program reflects ABB Saudi Arabia's belief in the power of collaboration and shared success,' said Ali Al-Koud, Country HR Manager, ABB Saudi Arabia. ' By empowering our Saudi female talents and facilitating knowledge exchange with our Swedish partners, we are not only investing in individual careers—but also in the future of industry and innovation in the Kingdom.' ' We are proud to partner with ABB Saudi Arabia on this impactful initiative. It is a true model for global cooperation and women's empowerment, ' said Katie Hagström, Director of the Saudi-Swedish Executive Women's Network, and Mentorship Program Lead. ' By linking talented Saudi women with experienced professionals from the Kingdom and Sweden, we are building bridges of opportunity, knowledge, and mutual growth. ' The program structure includes regular virtual mentorship sessions, cross-cultural networking, and a graduation ceremony recognizing outstanding achievements. Participating mentors will guide mentees through personalized development journeys, providing both strategic counsel and practical experience. As a recognized technology leader in electrification and automation, ABB Saudi Arabia continues to reinforce its reputation as an employer of choice for women. This program stands as a tangible expression of ABB's values—Courage, Care, Curiosity, and Collaboration—and a powerful step toward a more inclusive and diverse industrial future. The Saudi-Swedish Executive Women's Network is a professional network for women in Saudi Arabia and Sweden. The network exists to strengthen the commerce and communal ties between the Kingdoms of Saudi Arabia and Sweden, with a focus on promoting women in entrepreneurship, board governance, and stakeholder engagement in their respective business communities and in the global market. It achieves its network mission by building direct relationships between individuals. -Ends- About ABB ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this 'Engineered to Outrun'. The company has over 140 years of history and around 110,000 employees worldwide. ABB's shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). ABB Saudi Arabia / Corporate Communications: Mohammad Al-Ahmad Country Communications Manager (KSA, UAE, Qatar & Jordan) SA-ABB_KSA_Communications@

Asian companies in talks to list in Saudi Arabia, exchange CEO says
Asian companies in talks to list in Saudi Arabia, exchange CEO says

Zawya

time44 minutes ago

  • Zawya

Asian companies in talks to list in Saudi Arabia, exchange CEO says

Several Asian companies are in talks to list in Saudi Arabia as the kingdom considers a new listing regime to pave the way for share sales of foreign issuers, the chief executive of the Saudi bourse told Reuters. Conversations are underway with Asian companies that are evaluating opportunities to tap into Saudi Arabia's deep and increasingly diverse investor base, stock exchange CEO Mohammed Al-Rumaih said in an email interview on Wednesday. "We're seeing growing momentum around cross-border capital market activity, and Asia is a natural partner in this regard," Al-Rumaih said, without providing further details on issuers. He said that as of last month, around 15% of the international investors in Saudi Arabia's qualified foreign investor program were Asian, demonstrating Asia's rising investment appetite. Riyadh's Capital Market Authority last month concluded a consultation on a set of draft rules governing the offering and listing of different classes of shares. The move is "a step toward enabling more flexibility in listings, including new share classes and structures, aligning with the evolving needs of issuers and investors", Al-Rumaih said. "Initiatives like these help lay the groundwork for cross-border participation and innovation." Hong Kong and Saudi Arabia are looking into allowing more cross-border financial products, regulators from both markets said last week. "Hong Kong and mainland China are increasingly important partners for Saudi Arabia's capital market journey," Al-Rumaih said. He cited opportunities to deepen the ties by facilitating more cross-listed products, environmental, social and governance-linked instruments, and enhancing investor access in both directions. "The growing energy cooperation between Riyadh and Beijing adds further momentum, enabling financial products and capital market flows that align with shared strategic priorities across both economies," Al-Rumaih said. The Saudi stock exchange has seen 15 initial public offerings (IPOs) raising over $1 billion so far this year, a nearly 30% increase over the same period last year. (Reporting by Selena Li; editing by Mark Heinrich)

Bechtel Secures Major Role in Riyadh's Airport Expansion
Bechtel Secures Major Role in Riyadh's Airport Expansion

Arabian Post

timean hour ago

  • Arabian Post

Bechtel Secures Major Role in Riyadh's Airport Expansion

Arabian Post Staff -Dubai Bechtel Corporation has been appointed as the delivery partner for three new terminals at King Salman International Airport in Riyadh, marking a significant advancement in one of the world's most ambitious aviation infrastructure projects. The agreement, formalised during a high-profile visit by U.S. President Donald Trump to Saudi Arabia, entrusts the U.S.-based engineering firm with managing the development of a terminal for commercial airlines, Terminal 6 for low-cost carriers, and a private aviation terminal complete with hangars. This collaboration underscores the strengthening infrastructure ties between the United States and Saudi Arabia. ADVERTISEMENT KSIA is poised to become the world's largest airport upon completion, a cornerstone of Saudi Arabia's Vision 2030 initiative aimed at diversifying the nation's economy and enhancing global connectivity. The airport is designed to handle an anticipated capacity of 185 million passengers and 3.5 million tonnes of cargo annually by 2050. It will feature six parallel runways and encompass an area of 57 square kilometres, integrating advanced sustainable practices to achieve LEED Platinum certification across all terminals. Darren Mort, President of Bechtel's Infrastructure Business, expressed enthusiasm about the project, stating, 'The King Salman International Airport is a landmark project that will reshape Riyadh and enhance the lives and communities it serves.' He highlighted Bechtel's extensive experience in delivering complex airport projects globally, including Hamad International Airport in Qatar, Dubai International Airport in the UAE, and London City Airport in the UK. Marco Mejia, Acting CEO of the King Salman International Airport Development Company, emphasized the project's commitment to innovation and sustainability. He noted that the selection of Bechtel as the delivery partner reflects the project's dedication to elevating aviation infrastructure standards through collaboration with a company possessing over 120 years of global experience. The new terminals are expected to replace existing facilities at King Khalid International Airport, enhancing Riyadh's status as a global hub for transportation, tourism, and trade. The development aligns with Saudi Arabia's broader goals of economic diversification and infrastructure modernization. Bechtel's role in the KSIA project builds upon its longstanding presence in Saudi Arabia, where it has completed over 300 projects, including the recently inaugurated Riyadh Metro. The company's involvement in KSIA signifies a continued commitment to supporting the kingdom's transformative infrastructure initiatives.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store