Rqeem for Smart Solutions has signed an MoU with Torry Harris Business Solutions, to launch an AI-powered digital marketplace that will accelerate industrial transformation and attract new investment to Saudi Arabia.
Announced at the “Industrial Transformation of Saudi Arabia” event in Riyadh on December 2, 2025, the agreement positions Rqeem as RCJY’s innovative IT enabler creating a government-backed platform that connects SMEs, major industrial players, and global investors through a single digital ecosystem.
Bader Abduallah Alanazi, Sales and Marketing Director at Rqeem for Smart Solutions said in their Linked In post “ Through this partnership, we look forward to exploring new opportunities for collaboration in Information Technology and Artificial Intelligence, and to further supporting digital transformation across the industrial sector.”
Under the MoU, Torry Harris becomes Rqeem’s digital transformation partner, delivering a configurable, white-label marketplace that uses AI and API-driven integration to match supply and demand in real time across industrial sectors. The platform democratizes access to advanced digital tools once limited to large enterprises, directly supporting the Ministry of Industry’s Vision 2030 objectives.
“This partnership is about closing the technology gap between big enterprises and SMEs. We’re giving smaller industrial firms access to the same AI-driven insights, real-time intelligence, and seamless integration capabilities that global players rely on – so they can compete, innovate, and grow in today’s digital economy,” said Shivdayal Charan, Director, Torry Harris Middle East.
At the event, Rqeem highlighted its role as RCJY’s digital arm – delivering smart, scalable solutions aligned with Saudi Arabia’s national digital transformation agenda, positioning the marketplace around three priorities: closing the SME technology gap, building AI-driven network-effect ecosystems, and creating a 24/7 digital gateway for global investment into Saudi industrial clusters.
The AI-powered marketplace is structured to serve as a 24/7 global portal where investors can search, filter, and be algorithmically matched with qualified Saudi partners for joint ventures, technology collaboration, or specialised industrial services. Furthermore, investors can access a single recommendation engine that surfaces local companies by niche, capacity, and readiness, from anywhere in the world. Additionally, for SMEs and local industrial players, it provides a government-backed space to showcase capabilities and connect with larger manufacturers. As participation grows, network effects strengthen the matching quality and enhance the overall competitiveness of Saudi industrial clusters.
The platform is also configurable and white label, where similar solutions can be deployed across sectors such as logistics, clean energy, advanced manufacturing, smart cities, and technology services. In this model, a marketplace becomes the single digital front door for vetted SMEs, strengthening national competitiveness and entrepreneurial growth.
The Riyadh MoU emphasizes how a government-linked entity, partnering with a specialist integrator like Torry Harris, can transform the ecosystem where global capital, local innovation, and industrial policy mutually reinforce each other.
This innovative partnership template between Rqeem Smart Solutions and Torry Harris – can realize digital goals with 24/7 operational platforms that benefit investors, SMEs, and the wider economy.
