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Ruanyun Edai Technology signs MOU with Saudi's Wadi Makkah to explore AI education and language testing.

Market News
04 May 2026
GlobeNewsWire
Bullish
pluang ai news

Ruanyun Edai Technology's Saudi subsidiary signed a Memorandum of Understanding with Wadi Makkah, a tech and investment company owned by Umm Al-Qura University, to explore cooperation in AI-driven education, language testing, joint research, and training programs in Saudi Arabia. This partnership aims to integrate Ruanyun's AI education solutions into the Saudi market, supporting the company's goal to expand its global presence and derive 60% of revenue from international markets by 2027. The MOU is a preliminary framework and does not guarantee specific projects or revenue but sets the stage for potential future agreements and localized educational services in the Kingdom.

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