Rqeem and Torry Harris Launch AI-Powered Marketplace to Elevate Saudi Industry

Editorial Team

Last updated 16-12-2025

3 min

Rqeem and Torry Harris team up to launch AI-powered digital marketplace in Riyadh.

The platform will match industrial supply and demand in real time, benefiting smaller businesses.

It aligns with Saudi Arabia’s Vision 2030 to modernise its industrial backbone.

The marketplace offers global investors access to Saudi industrial clusters and algorithmic matchmaking.

This initiative could enhance the competitiveness of Saudi Arabia's industrial sector.

Rqeem for Smart Solutions has teamed up with Torry Harris Business Solutions to roll out an AI‑powered digital marketplace in Riyadh, a move that could nudge Saudi Arabia’s industrial sector into a new phase of digital maturity. The announcement came during the “Industrial Transformation of Saudi Arabia” event, and while the news made the usual headlines, it struck me as one of those projects that might look like a bit of a faff on paper but could end up being spot on for the country’s long-term ambitions.

Under the new MoU, Torry Harris becomes Rqeem’s digital transformation partner, supplying a white‑label, customisable platform built around AI and API integration. In simpler terms, it’s meant to match industrial supply and demand in real time, giving smaller businesses access to tools that—let’s be honest—were previously reserved for the bigger players with deeper pockets. And believe it or not, the whole thing ties neatly into Saudi Arabia’s wider Vision 2030 push to modernise its industrial backbone.

What stands out is how this positions Rqeem, the digital wing of the Royal Commission for Jubail and Yanbu, as an innovation enabler rather than just another government-linked tech outfit. The marketplace aims to shrink the technology gap for SMEs, build AI‑driven ecosystems, and create a round‑the‑clock digital gateway for global investors looking to engage with Saudi industrial clusters. I reckon that kind of always-on access could be a game changer—especially for investors who want solid data before taking the plunge.

For international players, the marketplace offers algorithmic matchmaking to help them find qualified Saudi partners for joint ventures, tech collaboration, or specialised industrial services. On the flip side, local SMEs get a government-backed platform to showcase their capabilities and finally gain the visibility they often struggle to achieve. As more companies join in, network effects should, in theory, boost the quality of matches and keep drawing new investment into the Kingdom. It reminds me a bit of some conversations I’ve had with startup founders around Arageek—many of them often say that visibility is half the battle. Well… I mean, they’re not wrong.

If everything unfolds as planned, the digital marketplace could strengthen competitiveness in the industrial sector and open new doors for both local and global players. And I’m chuffed to bits to see a regional initiative that doesn’t just talk big but tries to build the pipes that make the whole system actually work—even if it’s not always perfeect from day one.

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