CycloTech Establishes Subsidiary in Abu Dhabi’s SAVI Cluster

Abu dhabi: The Abu Dhabi Investment Office (ADIO) and CycloTech GmbH, an Austrian aerospace technology company, have announced the establishment of a wholly owned subsidiary by CycloTech within Abu Dhabi’s Smart and Autonomous Vehicles Industry (SAVI) cluster. This strategic move aims to anchor CycloTech’s presence in the Middle East and support the commercialization of its … Read more

Presight Revenues Surge 48.8% to AED1.74 Billion in 9M’2025

Abu dhabi: Presight AI Holding PLC today announced revenues of AED1.74 billion for the first nine months of 2025, marking a 48.8 percent year-on-year increase. Organic revenues grew by 25.1 percent, while earnings before interest, tax, depreciation, and amortization (EBITDA) rose by 40.3 percent to AED377.4 million. Net profit increased by 12.1 percent to AED320 … Read more