ABU DHABI / WAM / AGENCIES Presight AI Holding PLC, a G42 company, and the region’s leader in big data analytics powered by artificial intelligence (AI), announced that its Initial Public Offering (IPO) is subscribed in full. The IPO received total gross demand amounting to AED 94.9 billion ($25.8 billion) and was 136 times oversubscribed in aggregate, excluding the commitment ...

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) has reported the execution of 10 significant deals with a total value of over AED15.6 billion since the beginning of 2023. According to ADX data, these deals were carried out through 321.14 million shares of three listed companies, namely Al Alamiya Holding, the Multiply Group, and Ghada Holding. Among the ...

TOKYO / WAM The 9th session of the Abu Dhabi-Japan Economic Council (ADJEC), held in Tokyo, has reaffirmed its commitment to further enhance partnerships and benefits from investments opportunities in Abu Dhabi and Japan. Ahmed Jasim Al Zaabi, Chairman of Abu Dhabi Department of Economic Development (Added), and Kodaira Nobuyori, President of Japan Cooperation Centre for the Middle East (JCCME), ...