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

SEDD Organises Future Economy Forum to Boost AI Integration in Vehicle Maintenance

Sharjah: The Sharjah Economic Development Department (SEDD) organised the Future Economy Forum at the Sharjah Classic Cars Museum in collaboration with the UAE’s National Artificial Intelligence Programme, Sharjah City Municipality, Sharjah Foundation for Supporting Entrepreneurship (Ruwad), and various private-sector entities. The forum was held under the theme ‘Maintaining and repairing vehicles using AI’. According to … Read more

Hub71 and Unicorn Factory Lisboa Forge Partnership to Enhance UAE-Europe Startup Expansion

Lisbon: Hub71, Abu Dhabi’s global tech ecosystem, and Unicorn Factory Lisboa, an initiative of the Lisbon City Council, have signed a strategic partnership to advance cross-border innovation and entrepreneurship between the UAE and Portugal. The agreement was signed at Web Summit 2025 in Lisbon, witnessed by Mohammad Abdulrahman Alhawi, Under-Secretary of the UAE’s Ministry of … Read more

Julphar Reports Strong Q3 Performance with Higher Revenues, Profitability

Ras al khaimah: Gulf Pharmaceutical Industries, popularly known as Julphar, reported solid performance in the third quarter, with net revenues reaching AED249.7 million, a 5% increase, bringing total revenues for the first nine months of 2025 to AED796.1 million, up 5.8%. According to Emirates News Agency, the company’s EBITDA rose to AED108.7 million compared to … Read more