‎solutions signs revenue-sharing agreement to develop ‘Madares’ platform

‎<p ><img src="https://argaamplus.s3.amazonaws.com/e2d73fdd-496a-4c6f-99c9-b3ce81a78216.png" ></p> <p class="ckeCaption" >Contract value could exceed 10% of solutions’ revenue based on the audited statements for 2025</p> <hr> <p >Arabian Internet and Communications Services Co. (<a href="http://www.argaam.com/en/tadawul/tasi/solutions" target="_blank">solutions</a>) signed a revenue-sharing agreement with Education Development Holding Co., through its subsidiary Tatweer Educational Technologies Co. (TETCO)—the strategic arm of the Ministry of Education.</p> <p ></p> <p >solutions will contribute to the development and enhancement of “Madares”, the unified national platform for private-sector services in Saudi Arabia’s education sector, the tech firm said in a statement to <strong>Tadawul </strong>today, Sept. 1.</p> <p ></p> <p >The contract value, over the five-year term, could exceed 10% of solutions’ revenue, based on the audited annual financial statements for 2025. The actual value will depend on revenues generated under the agreed revenue-sharing model.</p> <p ></p> <p >The contract covers the development and enhancement of the digital platform and its services, as well as the implementation of a number of operational tasks related to the platform. The financial impact is expected to reflect in the company’s financial statements starting in Q1 2027.</p> <p ></p> <p >The company said the agreement builds on solutions’ strategic focus on expanding public-private partnerships and implementing sustainable revenue-sharing business models, strengthening its role as a strategic digital partner contributing to the development of national digital services and creating sustainable shared value.</p> <p ></p> <p >It added that the agreement further strengthens Madares’ role as more than just a technology interface, positioning it as the unified platform connecting the Ministry of Education with the private sector and beneficiaries.</p> <p ></p> <p >The platform helps organize and facilitate the service journey, enhance transaction reliability and enable investment growth in the education sector.</p> <p ></p> <p >According to data available on <span ><strong>Argaam</strong></span>, solutions revenue stood at SAR 12.73 billion in 2025.</p>

Publication

Argaam - Company Disclosures · Stock Exchange/Regulatory Announcements

Published

1st September 2026

Original report

argaam.com

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.