Saudi Arabia launches new Senaei platform version with over 30 e-services for investors

Ceremony of Senaei platform launch

Saudi Minister of Industry and Mineral Resources Bandar AlKhorayef launched an updated version of the "Senaei" platform, which will comprise more than 30 online services for investors in the industrial sector, the Saudi Press Agency reported.  

The new update will include a number of digitalized services in line with the Future Factories Program, which aims to help factories apply the best standards in the Fourth Industrial Revolution fields, cut production costs, depends on professional cadres, enhance competitiveness, while offering investment opportunities in the sector and the incentives provided under a unified digital platform. 

Among the new services is the “investment opportunities”, which aims to develop a database to study the industrial sector, enable partners, address loopholes and offer the most prominent opportunities using artificial intelligence (AI).  

The “support programs” service was also introduced. It provides financing solutions to enhance the industrial base through linking digitalized equipment with a certain system to enhance operating efficiency and facilitate transition to the Fourth Industrial Revolution.  

The new Senaei version combines all digital platforms and products in a single platform, which also includes industrial licenses, the land services provided by MODON, the Royal Commission for Jubail and Yanbu (RCJY) and Saudi Industrial Development Fund, as well as the industrial survey service.