Solutions to develop Madras platform for five years
The Arab Company for Internet and Communications Services (Solutions) announced the signing of a revenue-sharing agreement with Towoof for Educational Technologies to develop and operate the "Madaris" platform for a period of five years, with a value that may exceed 10% of the company's revenues according to the 2025 financial statements. The aim of the agreement is to enhance the services of the "Madaris" platform, improve its efficiency, and accelerate the development of digital solutions that serve the educational sector in Saudi Arabia. The financial impacts are expected to start appearing from the first quarter of 2027. This step is part of the broader strategy to expand partnerships between the public and private sectors to strengthen the role in developing national digital services.
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