RedCloud Enters Contract With Its First Saudi Customer Khamis Arabia Trading To Deploy Its AI Tool RAID On $21M Of Trade Data Across 540K+ SKU-Level Transactions

RedCloud has signed a 24-month contract with Khamis Arabia Trading, its first Saudi customer, to deploy its AI tool RAID on $21 million of trade data across over 540,000 SKU-level transactions. The agreement will transition to a joint venture once established, enhancing Khamis Arabia's market insights through RedCloud's extensive FMCG transactional dataset. This deployment supports Saudi Arabia's Vision 2030 digitization agenda and aligns with the Kingdom's focus on artificial intelligence in 2026.