RedCloud Holdings Launches Joint Venture in Saudi Arabia

Reuters
10/22
RedCloud Holdings Launches Joint Venture in Saudi Arabia

RedCloud Holdings plc has announced a new joint venture with Kayanat in Saudi Arabia, marking a significant step in the company's global expansion strategy. This collaboration, which includes the upcoming launch of RedCloud Arabia, is aimed at leveraging AI-powered trading technology to address the $2 trillion global inventory gap in the fast-moving consumer goods (FMCG) sector. The joint venture demonstrates RedCloud's commitment to scalable international growth and innovation within FMCG supply chains.

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. Redcloud Holdings plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9550100-en) on October 22, 2025, and is solely responsible for the information contained therein.

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