Business
Ruanyun Edai Technology’s Saudi RHQ Signs MOU with Wadi Makkah, A Subsidiary of Umm Al-Qura University
Framework with Umm Al-Qura University-owned technology and investment company to explore AI education, language testing and Saudi market initiatives Nanchang, China, May 04, 2026 (GLOBE NEWSWIRE) -- Ruanyun Edai Technology Inc. (NASDAQ: RYET) (the “Company”), an AI-driven education technology company focused on intelligent content recognition, automated assessment and next-generation learning systems, today announced that Soft Cloud Smart Technology Company, the Company’s subsidiary overseeing i
About this update from Ruanyun Edai Technology Inc.
[{"type":"image","alt":"Ruanyun Edai Technology Inc.","displaySize":"","headline":null,"caption":"Ruanyun Edai Technology Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":212,"url":"https://media.zenfs.com/en/globenewswire.com/5b2ec43aca2e01f02523a8d3e818f776"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/IkuJSRk.vnLfaw8WVg6QQg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTI5Nw--/https://media.zenfs.com/en/globenewswire.com/5b2ec43aca2e01f02523a8d3e818f776","width":300,"height":212}},"lazy":false},{"type":"text","content":"Framework with Umm Al-Qura University-owned technology and investment company to explore AI education, language testing and Saudi market initiatives","length":148,"tagName":"p"},{"type":"text","content":"Nanchang, China, May 04, 2026 (GLOBE NEWSWIRE) -- Ruanyun Edai Technology Inc. (NASDAQ: RYET) (the “Company”), an AI-driven education technology company focused on intelligent content recognition, automated assessment and next-generation learning systems, today announced that Soft Cloud Smart Technology Company, the Company’s subsidiary overseeing its Saudi Regional Headquarters, has signed a Memorandum of Understanding (“MOU”) with Wadi Makkah Technology Company (“Wadi Makkah”), a Saudi technology and investment company wholly owned by Umm Al-Qura University.","length":566,"tagName":"p"},{"type":"text","content":"The MOU establishes a preliminary framework to explore potential cooperation in the Kingdom of Saudi Arabia. Potential areas of collaboration include AI solutions for education, language testing initiatives, joint research, technical and commercial exchanges, AI-focused training programs, potential joint investments, participation in industry events, and initiatives supporting the Company’s integration into the Saudi education and innovation ecosystem.","length":456,"tagName":"p"},{"type":"text","content":"The MOU also contemplates the parties exploring cooperation in Arabic language testing initiatives and opportunities relating to a potential artificial intelligence academy in Saudi Arabia. Given Wadi Makkah’s position as a technology and investment company wholly owned by Umm Al-Qura University, the Company believes the framework may provide a relevant platform for evaluating such initiatives within the Kingdom’s university-linked education and innovation ecosystem, subject to further d...