G42 is leading listings of tech companies on ADX with plans for more listings

G42 is leading listings of tech companies on ADX with plans for more listings

ABU DHABI, 27th March, 2020 (WAM) -- Mansour Ibrahim Al Mansouri, Chairman of the Board of Directors of Presight AI Holding PLC (Presight), stated that Presight's IPO is the second initial public offering from G42's portfolio, after the listing of Bayanat last October, which became the first tech company to be listed on the Abu Dhabi market.

In a statement to the Emirates News Agency (WAM), Al Mansouri said, “The listing of the companies belonging to the G42 group in the Abu Dhabi market constitutes the latest stage in the march of our companies, allowing them to participate in driving the economic growth of the emirate, in addition to enhancing their ability to attract more investments, and helps us achieve our goals and secure sustainable value for shareholders in the long term.”

Asked about Presight's plans for expansion, Al Mansouri revealed that the company has a promising plan for regional and international expansion and the provision of various solutions to customers around the world in big data and artificial intelligence, adding that the company, since its establishment in 2020, has succeeded in combining the expertise of big data, analytics and AI to enable its customers to make informed decisions, whether in the