Saudi Industry Ministry Announces Trial Launch of Application 'Senaei'

The Saudi Ministry of Industry and Mineral Resources logo
The Saudi Ministry of Industry and Mineral Resources logo
TT

Saudi Industry Ministry Announces Trial Launch of Application 'Senaei'

The Saudi Ministry of Industry and Mineral Resources logo
The Saudi Ministry of Industry and Mineral Resources logo

The Saudi Ministry of Industry and Mineral Resources has launched the trial version of the smartphone application Senaei, a new digital platform designed to provide the ministry’s electronic services.

The app supports partners and industrial entrepreneurs in developing their facilities and products, as well as monitoring their industrial requests.

Senaei offers a streamlined experience for industrial investors, allowing them to join the industrial system, access electronic services and incentives, view facility details, track submitted requests, manage user accounts, and print industrial licenses. Users can also directly open tickets for inquiries or requests, receive notifications and alerts, and access awareness bulletins and incentives, saving them time and effort.

The ministry is actively pursuing several key benefits through digital transformation, including improved investor access to services, Fourth Industrial Revolution applications, and the automation of industrial facilities.

The initiatives aim to position the Kingdom as a global industrial leader by fostering innovation, leveraging advanced technologies, and building a competitive, sustainable industrial economy rooted in cutting-edge manufacturing.

The transformation will help attract high-quality investments in the industrial and mining sectors, further establishing Saudi Arabia as a hub for advanced industries.



PM: Egypt Eyes Shift from Commodity Subsidies to Cash Payments by July 2025

FILE PHOTO: Birds fly during sunset with Cairo skyline visible in the background, during foggy cold weather, Egypt February 1, 2024. REUTERS/Amr Abdallah Dalsh/File Photo
FILE PHOTO: Birds fly during sunset with Cairo skyline visible in the background, during foggy cold weather, Egypt February 1, 2024. REUTERS/Amr Abdallah Dalsh/File Photo
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PM: Egypt Eyes Shift from Commodity Subsidies to Cash Payments by July 2025

FILE PHOTO: Birds fly during sunset with Cairo skyline visible in the background, during foggy cold weather, Egypt February 1, 2024. REUTERS/Amr Abdallah Dalsh/File Photo
FILE PHOTO: Birds fly during sunset with Cairo skyline visible in the background, during foggy cold weather, Egypt February 1, 2024. REUTERS/Amr Abdallah Dalsh/File Photo

Egypt could begin transitioning from subsidizing essential commodities to providing direct cash assistance to its poorest citizens as early as the next fiscal year (July to June), Prime Minister Mostafa Madbouly said on Thursday.
Currently, Egypt subsidizes essential commodities for more than half of its population. Over 60 million people have access to discounted prices on staples like pasta, vegetable oil and sugar through state-run outlets, while at least 10 million more benefit from subsidized bread.
“There is widespread consensus that cash subsidies are the way forward,” Madbouly told a press conference, noting that the Ministry of Supply, which oversees Egypt’s subsidy program, is exploring various scenarios for this significant policy shift.
Madbouly expressed optimism that the initial phase of the transition could start in the upcoming fiscal year, provided that consensus was reached on the matter at a year-old national political dialogue that is discussing a variety of reforms.
However, Reuters said that he emphasized that the transition would unfold gradually, in several stages.
The National Dialogue, initiated by President Abdel Fattah al-Sisi in April 2022 amid one of Egypt’s most severe economic crises, aims to generate political, economic, and social reform recommendations for the President's consideration.
The government also subsidizes fuel but has outlined plans to reduce these subsidies, aiming to restore fuel prices to their full cost by December 2025.