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-0.0626003210272873 -0.0155163188871054 0.0165864098448369 0.0112894596040664 0.0539860888175496 0.00856072766185138 0.027287319422151 0.0497592295345105
Stock impact report

RedCloud Holds Signing Ceremony for Saudi Joint Venture, Targeting $61Bn Market with December 2025 Launch

RedCloud Holdings plc - Ordinary Shares (RCT) 
Company Research Source: GlobeNewswire
RIYADH, Oct. 31, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”), the RedAI trading platform used by Fast Moving Consumer Goods (‘FMCG’) businesses, announced the outcome of the Future Investment Initiative (FII9) in Riyadh, Saudi Arabia, where it held a formal signing ceremony to seal its landmark joint venture agreement with Kayanat Holding, and held more than one hundred meetings as part of preparations for Saudi launch. The formal signing ceremony, live on day three of the FII9 event, marked a pivotal milestone in RedCloud’s expansion into the Kingdom—aligning with Saudi Vision 2030 and the country’s strategic focus on digital transformation and supply chain modernization. The joint venture, RedCloud Arabia, will deploy RedAI’s algorithmic infrastructure to digitize and transform FMCG trade across the country. The Company and Kayanat held joint meetings with key players within the Saudi FMCG Industry—who are believed to represent arou Show less Read more
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