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Ruanyun Edai signs MOU with Saudi Wadi Makkah to explore AI education initiatives

PUBT·05/07/2026 13:26:30
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Ruanyun Edai signs MOU with Saudi Wadi Makkah to explore AI education initiatives
  • Ruanyun Edai signed a memorandum of understanding via subsidiary Soft Cloud Smart Technology with Wadi Makkah Technology, investment arm wholly owned by Umm Al-Qura University, to explore cooperation in Saudi Arabia.
  • Discussions target AI-enabled education services, including language testing initiatives and potential development of an AI academy.
  • Framework supports expansion of Saudi regional headquarters as company shifts toward institution-facing education support services and targets 60% of revenue from international markets by end-2027.
  • MOU is non-binding, with any projects, investments, or commercial terms subject to definitive agreements and required approvals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ruanyun Edai Technology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001731122-26-000685), on May 07, 2026, and is solely responsible for the information contained therein.