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GCC AI Research

Presight Delivers 22.2% Revenue Increase and Double-Digit Growth in EBITDA and Profit After Tax in Q1-2026

G42 · Significant research

Summary

Presight AI Holding PLC reported a 22.2% year-on-year revenue increase, reaching AED 689.0 million in Q1-2026, alongside a 12.7% rise in EBITDA and an 11.5% increase in profit after tax. This growth was fueled by continued execution across multi-year contracts, new domestic wins, and sustained international momentum, with international revenue growing 62.9% to represent 30.0% of the Group's total. AIQ contributed AED 205.3 million (29.8%) to the Group's revenue, and the company maintained a robust, debt-free balance sheet with an order backlog of AED 3.1 billion. Why it matters: This financial performance highlights the increasing global demand for and successful deployment of sovereign, mission-critical AI infrastructure from a prominent UAE-based company.

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Ministry of Foreign Trade partners with Presight to deliver new AI-powered trade platform - وكالة أنباء الإمارات

WAM ·

The Ministry of Foreign Trade has partnered with Presight, an AI company, to develop a new AI-powered platform. This collaboration aims to enhance and optimize various aspects of trade operations within the country. The platform will leverage artificial intelligence to improve efficiency and decision-making in the foreign trade sector. Why it matters: This initiative highlights the UAE's strategic push to integrate advanced AI technologies into its key economic sectors to drive efficiency and competitiveness.