AI-powered industrial marketplace development in Saudi Arabia will proceed under a new memorandum of understanding between Rqeem for Smart Solutions and Torry Harris Business Solutions.
Announced in Riyadh on 2 December 2025, the national platform will connect SMEs, industrial enterprises and global investors to accelerate deal flow and supply–demand matching.
The government-backed initiative positions Rqeem, the digital arm of RCJY, as a core IT enabler for Saudi Arabia’s industrial transformation under Vision 2030.
AI-powered industrial marketplace: What You Need to Know
- Rqeem and Torry Harris will build a national, government-backed platform using real-time AI and APIs to match SMEs, manufacturers and investors.
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Building an AI-powered industrial marketplace for Saudi industry
Rqeem, part of the Royal Commission for Jubail and Yanbu (RCJY), signed an MoU with Torry Harris Business Solutions to deliver an AI-powered industrial marketplace.
Revealed at the Industrial Transformation of Saudi Arabia event on 2 December 2025, the collaboration will integrate real-time AI and API-driven services to match supply with demand across priority sectors.
The AI-powered industrial marketplace is designed as a national platform to attract investment and speed industrial digitisation, consolidating Rqeem’s role as RCJY’s IT enabler.
A government-backed ecosystem for SMEs and investors
The AI-powered industrial marketplace will connect SMEs, major manufacturers and global investors within a secure digital ecosystem.
As an SME industrial marketplace platform, it broadens access to tools previously limited to large enterprises, improving visibility of capabilities, certifications and capacity.
International investors gain transparent, structured discovery of vetted Saudi partners for joint ventures, technology transfer and specialist services, reinforcing Saudi Arabia digital transformation Vision 2030 priorities.
Real-time AI, APIs and white-label flexibility
Under the partnership, Torry Harris will deliver a configurable, white-label marketplace that Rqeem can adapt and scale.
Built on AI and APIs, the AI-powered industrial marketplace enables seamless integration and decision-ready intelligence at the point of need.
This approach supports Saudi Arabia’s digital transformation Vision 2030 and reduces onboarding friction for SMEs. For related perspectives on systems change, see data migration best practices.
Always-on global portal and sector reach
Structured as a 24/7 portal, the AI-powered industrial marketplace will algorithmically match investors with qualified Saudi partners.
Local SMEs and industrial players can showcase capabilities and connect with larger manufacturers, creating network effects that improve matching quality.
The model spans logistics, clean energy, advanced manufacturing, smart cities and technology services, mirroring regional digitisation efforts such as Zimbabwe’s digital transformation push.
Why security and trust matter
Operating an AI-powered industrial marketplace at national scale requires strong cybersecurity.
Priorities include identity and access controls, API protection, continuous monitoring and safeguards against adversarial inputs in AI workflows. Additional guidance covers prompt injection risks in AI systems and adopting a Zero Trust architecture.
As connectivity expands, understanding sector threats and resilience measures, including 5G-related risks and opportunities, is vital. Complementary insights on AI risk appear in emerging AI security flaws.
Implications for Saudi industrial transformation
The AI-powered industrial marketplace can compress procurement cycles and expose actionable market data in real time. SMEs gain equal footing through discovery and qualification, while investors receive a transparent funnel to Saudi partners.
The white-label model enables rapid sector adaptation without heavy upfront spend.
Challenges remain. AI-driven matching depends on reliable, well-governed data. Onboarding thousands of SMEs demands intuitive user journeys and sustained support.
Trust hinges on clear qualification criteria, rigorous governance and ongoing investment in cybersecurity to protect sensitive data and integrations within the AI-powered industrial marketplace.
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Conclusion
The AI-powered industrial marketplace advances a national, government-backed infrastructure for matching demand and capacity across Saudi industry. It aligns outcomes with Saudi Arabia digital transformation Vision 2030.
By combining AI, APIs and white-label flexibility, Rqeem and Torry Harris target faster decisions, lower integration effort and broader SME participation in high-value supply chains.
Delivered as an always-on portal, the AI-powered industrial marketplace can attract investment, strengthen industrial clusters and scale collaboration, while maintaining governance and cybersecurity at the core.
Questions Worth Answering
Who is leading the build?
- Rqeem for Smart Solutions, RCJY’s digital arm, in partnership with Torry Harris Business Solutions.
What does the platform do?
- It provides an AI-powered industrial marketplace to match SMEs, manufacturers and investors in real time.
How does it help SMEs?
- Through an SME industrial marketplace platform that improves visibility, qualification and integration without heavy upfront costs.
Which sectors are in scope?
- Logistics, clean energy, advanced manufacturing, smart cities and technology services.
When and where was it announced?
- At the Industrial Transformation of Saudi Arabia event in Riyadh on 2 December 2025.
How does it align with Vision 2030?
- It supports Saudi Arabia digital transformation Vision 2030 by accelerating industrial digitisation and investment.
What safeguards will be required?
- Strong identity controls, secure APIs, continuous monitoring and protections against adversarial AI inputs.
About Rqeem for Smart Solutions
Rqeem for Smart Solutions is the digital subsidiary of the Royal Commission for Jubail and Yanbu (RCJY). It delivers platforms that enhance industrial competitiveness and service delivery.
The organisation focuses on data-led ecosystems that connect stakeholders and streamline operations across industrial clusters.
Through strategic partnerships, Rqeem supports SMEs, large enterprises and investors with scalable, secure digital services aligned to national priorities.
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