The investor’s journey has grow to be utterly digital… and a brand new platform to allow exports has been launched

Ibrahim Al-Khorayef, Minister of Business and Mineral Sources


The Minister of Business and Mineral Sources, Mr. Bandar bin Ibrahim Al-Khorayef, stated that the commercial investor’s journey has grow to be an built-in digital actuality, and employs fashionable technical instruments.


He identified that the “Senaei” platform allows the investor to finish all his procedures electronically by a unified platform, stressing the Ministry’s follow-up to make sure clean procedures and supply an built-in funding expertise.


Throughout his participation within the Fourth Digital Authorities Discussion board, Al-Khorayef defined that investing in fashionable applied sciences is a vital pillar for enhancing business competitiveness and attaining nationwide objectives.


He identified that the system is working to consolidate a tradition of innovation, by the “Manufacturing unit Incentives” program, which goals to automate a thousand factories in cooperation with the non-public sector.


He added that the mining sector has witnessed a qualitative leap by the digitization of geological knowledge and the usage of synthetic intelligence, stating that the “Mansoura and Masra” mine is the primary built-in digital mine within the Center East.


In a associated context, the Minister introduced the launch of the “Digital Providers Platform for Exporters” of the Saudi Export Improvement Authority, which goals to unify authorities export providers underneath one digital umbrella, which contributes to elevating the effectivity of procedures, facilitating the exporter’s journey, and accelerating the expansion of nationwide exports.


He identified that digital transformation embodies the Ministry’s dedication to constructing a diversified and sustainable industrial financial system that retains tempo with the objectives of Saudi Imaginative and prescient 2030, and enhances the partnership between the 2 sectors to realize built-in improvement.

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