# Khamis Arabia to use RedAI trade intelligence in Saudi Arabia

> The first customer agreement provides predictive distribution analysis with $21 million in trade data from the wholesaler’s own records in Riyadh and Dammam.

- Canonical URL: https://newsverum.com/en/news/redcloud-names-khamis-arabia-first-saudi-redai-customer
- Publisher: Newsverum
- Section: Technology
- Country: Saudi Arabia
- Published: 2026-10-16T10:36:25+00:00
- Updated: 2026-10-16T10:36:25+00:00
- Event / data period: 2026-10-15
- Other editions: [Türkçe](https://newsverum.com/tr/news/redcloud-names-khamis-arabia-first-saudi-redai-customer.md), [العربية](https://newsverum.com/ar/news/redcloud-names-khamis-arabia-first-saudi-redai-customer.md), [Français](https://newsverum.com/fr/news/redcloud-names-khamis-arabia-first-saudi-redai-customer.md), [Español](https://newsverum.com/es/news/redcloud-names-khamis-arabia-first-saudi-redai-customer.md), [Deutsch](https://newsverum.com/de/news/redcloud-names-khamis-arabia-first-saudi-redai-customer.md), [Português](https://newsverum.com/pt/news/redcloud-names-khamis-arabia-first-saudi-redai-customer.md)

RedCloud announced on 15 October that Khamis Arabia Trading, which operates in Riyadh and Dammam, had become its first RedAI customer in Saudi Arabia. According to the company, the initial 24-month agreement began in June 2026 and will use trade records supplied by Khamis Arabia with RedAI’s distribution-intelligence infrastructure.

The dataset covers $21 million in trade value and more than 540,000 SKU-level transactions; the amount is the value of underlying trade records, not contract revenue. RedCloud says its RAID system provides predictive analysis while CORE can execute ordering and trading workflows. Formation of a planned joint venture to operate in Saudi Arabia and Bahrain is not yet complete, and RedCloud did not report performance results.

## Data

### Dataset supplied by Khamis Arabia

RedAI will use the customer records for predictive trade analysis.

Methodology: The amount is the value of underlying trade records disclosed on 15 October, not contract revenue. Transaction count is greater than 540,000; no outcomes or forecast accuracy were measured.

| date | label | description | status |
|---|---|---|---|
| 2026-10-15 | Dataset supplied by Khamis Arabia | RedAI will use the customer records for predictive trade analysis. | occurred |

Sources: <https://www.globenewswire.com/news-release/2026/10/15/3381668/0/en/redcloud-s-first-saudi-customer-chooses-redai-for-predictive-trade-intelligence-and-provides-21-million-of-live-trade-data.html> · Download data: [JSON](https://newsverum.com/api/v1/articles/redcloud-names-khamis-arabia-first-saudi-redai-customer/data/source-record?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/redcloud-names-khamis-arabia-first-saudi-redai-customer/data/source-record?lang=en&format=csv)

### Customer trade-data value

RedAI will use the customer records for predictive trade analysis.

Methodology: The amount is the value of underlying trade records disclosed on 15 October, not contract revenue. Transaction count is greater than 540,000; no outcomes or forecast accuracy were measured.

| label | value | unit | period | basis |
|---|---|---|---|---|
| Dataset supplied by Khamis Arabia | 21000000 | USD | 2026-10-15 | observed |

Sources: <https://www.globenewswire.com/news-release/2026/10/15/3381668/0/en/redcloud-s-first-saudi-customer-chooses-redai-for-predictive-trade-intelligence-and-provides-21-million-of-live-trade-data.html> · Download data: [JSON](https://newsverum.com/api/v1/articles/redcloud-names-khamis-arabia-first-saudi-redai-customer/data/customer-trade-data-value?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/redcloud-names-khamis-arabia-first-saudi-redai-customer/data/customer-trade-data-value?lang=en&format=csv)

### SKU-level transactions in the dataset

RedAI will use the customer records for predictive trade analysis.

Methodology: The amount is the value of underlying trade records disclosed on 15 October, not contract revenue. Transaction count is greater than 540,000; no outcomes or forecast accuracy were measured.

| label | value | unit | period | basis | value_qualifier |
|---|---|---|---|---|---|
| Lower bound for transaction count | 540000 | count | 2026-10-15 | observed | lower-bound |

Sources: <https://www.globenewswire.com/news-release/2026/10/15/3381668/0/en/redcloud-s-first-saudi-customer-chooses-redai-for-predictive-trade-intelligence-and-provides-21-million-of-live-trade-data.html> · Download data: [JSON](https://newsverum.com/api/v1/articles/redcloud-names-khamis-arabia-first-saudi-redai-customer/data/sku-transaction-records?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/redcloud-names-khamis-arabia-first-saudi-redai-customer/data/sku-transaction-records?lang=en&format=csv)

## Sources

- [RedCloud Holdings plc](<https://www.globenewswire.com/news-release/2026/10/15/3381668/0/en/redcloud-s-first-saudi-customer-chooses-redai-for-predictive-trade-intelligence-and-provides-21-million-of-live-trade-data.html>) (Source checked: 2026-10-16; Published: 2026-10-15)

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