18 Hrs
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الاقتصادية
Solutions runs Saudi Madrasah for revenue share
Solutions Saudi Arabia specializes in developing and enhancing the "Madaris" unified national education platform through a revenue-sharing agreement with Tadarab Education Holding, affiliated with the Ministry of Education. The agreement aims to improve the efficiency and quality of the services provided by the platform and to accelerate the development of solutions that meet the needs of schools, investors, and parents. It is expected that the contract's value will exceed 10% of the company's revenues in 2025 over a five-year period, with the financial impact beginning in the first quarter of 2027. This move aligns with Solutions' strategy to expand partnerships with both the public and private sectors and to strengthen its role as a key digital partner. Meanwhile, the company achieved a 1.6% growth in profits in the second quarter of 2026 and announced a 100% increase in its capital to support expansion and growth in the information technology sector.
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