Presight AI Holding PLC

Logotype for Presight AI Holding PLC
Ticker/ISIN
PRESIGHT
AEE01200P230
Market/Country
Abu Dhabi Stock Exchange
United Arab Emirates
Latest Stock Price
1.96 AED
2024-02-21

Year to date

-0.10 %

3 months

0.00 %

6 months

0.00 %

1 year

0.00 %

3 years

0.00 %

5 years

0.00 %

Holding Company

Latest Pressrelease Summaries

Presight, a leading big data analytics company powered by generative AI, has secured a multi-million-dollar contract from Jordan's Ministry of Digital Economy and Entrepreneurship (MODEE) to drive digital transformation in the healthcare sector. The project will utilize expertise from M42's Abu Dhabi Health Data Services (ADHDS) to implement innovative technologies and data-driven strategies aimed at improving healthcare outcomes in Jordan. Key components of the contract include a comprehensive digital healthcare assessment, strategic PMO, health information exchange strategy, and the establishment of a virtual hospital "Command Center" offering tele-ICU, tele-radiology, and tele-dialysis services. The initiative began with a meeting in Jordan attended by H.E. Ahmad Hanandeh, Minister of Digital Economy and Entrepreneurship, and H.E. Dr. Firas Al-Hawari, Minister of Health.
On 5 August 2024, the Board of Directors of Presight AI Holding PLC issued written resolutions by circulation. The resolutions included the approval of the company’s financial statements for the six-month period ending on 30 June 2024, the appointment of Mr. Charles Thomas Kelly as Secretary of the Board, and other general business matters. This notification was addressed to the Market Operations and Surveillance Department of the Abu Dhabi Securities Exchange and copied to the Securities and Commodities Authority. The communication was signed by Mr. Thana Pramotedham, the Chief Executive Officer.
Presight, a leading company in big data analytics powered by generative AI, has announced a strategic partnership with Wand AI, a US-based company specializing in intelligent human-AI collaboration. This partnership aims to bring innovative AI solutions to multiple sectors.
On 10 June 2024, the Board of Directors of Presight AI Holding PLC held a meeting at 3:30 PM UAE time. The Board approved the following decisions: 1. Elected His Excellency Dr. Sultan Ahmed Al Jaber as Chairman of the Board. 2. Elected His Excellency Mansoor Al Mansoori as Vice Chairman of the Board. 3. Established the Executive Committee, which will report to the Board of Directors. The Executive Committee members are: - His Excellency Mansoor Al Mansoori (Chairperson) - Kiril Evtimov (Member) - Thana Pramotedham (Member) 4. Addressed other general business matters.
Presight AI Holding PLC has completed a transaction involving the purchase of a 51% equity stake in Matrix JVCo Ltd, a joint venture between G42 Investments AI Holding Ltd and Abu Dhabi National Oil Company (ADNOC). The total consideration for the transaction was $350 million, paid in two tranches: $245 million upon completion and $105 million to be paid by December 30, 2024. The transaction was approved by the company's shareholders at a general meeting on May 21, 2024, and all necessary conditions and regulatory approvals have been satisfied.
Presight, a leading big data analytics company powered by Generative AI, has signed a Memorandum of Understanding (MOU) with Gambia’s Ministry of Communications and Digital Economy (MOCDE) during Gitex Africa 2024. The partnership aims to enhance digital transformation in Gambia by improving the nation's communications infrastructure. The MOCDE, responsible for building and maintaining Gambia's national communications infrastructure, will collaborate with Presight in a two-phased approach. The first phase will focus on developing digital government services and a national digital identity initiative to improve public service delivery and secure access to government resources. Presight will also support the establishment of a national data center. The second phase involves creating a national safety operations center to protect Gambia's digital infrastructure and a Digital Supply Chain Security Lab to ensure secure digital transactions and communications, promoting a safe digital environment for businesses and citizens.
On 24th May 2024, Presight, a leading big data analytics company, and Dell Technologies announced a strategic partnership to accelerate digital transformation and innovation across various sectors. They aim to integrate advanced technologies and develop Smart City solutions that incorporate green technologies and liquid cooling systems to reduce environmental impact and enhance efficiency. The partnership also focuses on driving AI research and development, aiming to create more livable, efficient, and sustainable urban environments through technology and big data analytics.
Presight has signed a Memorandum of Understanding with Dell to accelerate digital transformation and innovation across the Middle East. This collaboration aims to integrate advanced technologies to promote digital transformation and innovation.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Presight AI Holding PLC

Disclosures: Presight signs Memorandum of Understanding with Dell to accelerate digital transformation and innovation across the region through the integration of advanced technologies.

On 24th May 2024, Presight, a leading big data analytics company, and Dell Technologies announced a strategic partnership to accelerate digital transformation and innovation across various sectors. They aim to integrate advanced technologies and develop Smart City solutions that incorporate green technologies and liquid cooling systems to reduce environmental impact and enhance efficiency. The partnership also focuses on driving AI research and development, aiming to create more livable, efficient, and sustainable urban environments through technology and big data analytics.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Presight AI Holding PLC

Disclosures: Presight AI Holding PLC Announcements

Presight has signed a Memorandum of Understanding with Dell to accelerate digital transformation and innovation across the Middle East. This collaboration aims to integrate advanced technologies to promote digital transformation and innovation.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Presight AI Holding PLC

Disclosures: Presight AI Holding PLC AGM Results held on 21/05/2024 at 16:00

The General Meeting (GM) for Presight AI Holding PLC took place on Tuesday, 21st May 2024, at the Rosewood Abu Dhabi Hotel and virtually online. The meeting, chaired by H.E. Mansoor Ibrahim Ahmed Saeed Almansoori, Chairman of the Board of Directors, started at 4:00 PM and ended at 4:30 PM. The total attendance quorum was 90.06% of the capital. The meeting's results were disclosed to the Market Operations and Surveillance Department of the Abu Dhabi Securities Exchange.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Presight AI Holding PLC

Disclosures: Disclosure of Results of the General Meeting (the “GM”)

The General Meeting (GM) of Presight AI Holding PLC took place on Tuesday, 21st May 2024, from 4:00 PM to 4:30 PM. The meeting was held both in-person at the Rosewood Abu Dhabi Hotel at Al Maryah Island in Abu Dhabi and virtually via online attendance. The Chairman of the Board of Directors, H.E. Mansoor Ibrahim Ahmed Saeed Almansoori, chaired the meeting. The quorum of total attendance was 90.06% of the capital. The letter does not mention the decisions and ordinary resolutions of the GM.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Presight AI Holding PLC

Disclosures: Presight AI Holding PLC Announcements

Presight, a leading big data analytics company in the region, and Intel, a global leader in cloud computing and AI solutions, have entered into a strategic collaboration. The partnership aims to accelerate applied AI projects and develop advanced AI solutions in the Middle East. This collaboration will involve mutual innovation, knowledge-sharing through technical workshops, and the creation of technology roadmaps. The goal is to empower developers in optimized AI application development, leading to innovative AI solutions that address the region's unique challenges and opportunities. The MOU also emphasizes strengthening AI data security and privacy using confidential AI technologies. This includes protecting sensitive data used in AI models throughout the AI lifecycle. Intel's trust authority technologies will be used to verify the trustworthiness of platforms running AI models, ensuring data security and integrity across the AI ecosystem.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Presight AI Holding PLC

Disclosures: Presight AI Holding PLC Announcements

Presight, a leading big data analytics company in the region powered by generative AI, has been selected as one of two UAE-based companies to implement a Memorandum of Understanding (MOU) signed between the governments of UAE and Mauritius. The MOU, signed by the Minister of Energy and Public Utilities of Mauritius, Hon. Georges Pierre Lesjongard, and the Minister of Energy and Infrastructure of UAE, H.E. Suhail Mohamed Al Mazrouei, aims for cooperation in the fields of energy, water, and sanitation. The agreement was signed during the 2-day Mauritius Emerging Tech Exhibition’s AI Summit (METX). As part of this MOU, Presight will utilize its big data analytics capabilities in the energy, utilities, and infrastructure sectors.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Presight AI Holding PLC

Disclosures: Presight AI Holding PLC Management Discussion and Analysis Report for the Period Ended March 31,2024

The text is a Management Discussion & Analysis Report from Presight AI Holding PLC, discussing their Q1 2024 results. The report was released on 7 May 2024.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Presight AI Holding PLC

Disclosures: Presight AI Holding PLC Board Meeting Results held on 07/05/2024 at 16:00

On May 7, 2024, a meeting was held by the Board of Directors of Presight AI Holding PLC. The meeting took place at 4:00 pm UAE time. During the meeting, the Board approved the company's financial statements for the three-month period ending March 31, 2024, and discussed other general business matters. The information was communicated by Mr. Thana Pramotedham, who serves as the Chief Executive Officer of the company. A copy of the information was also sent to the Securities and Commodities Authority.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Presight AI Holding PLC

Disclosures: Presight AI Holding PLC Financial Results for the Period Ended March 31,2024

The text is a review report and condensed consolidated interim financial information for Presight AI Holding PLC. This report covers the financial performance of the company for the three-month period ending on 31st March 2024.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Presight AI Holding PLC

Disclosures: Presight AI Holding PLC Announcement of Board Meeting to be held on 07/05/2024 at 16:00

The Board of Directors of Presight AI Holding PLC will hold a meeting on Tuesday, 7 May 2024, at 4pm UAE time. The meeting will take place at the company's headquarters. The agenda includes the review and approval of the financial statements for the period ended 31 March 2024, and a discussion on other general matters related to the company’s business activities. The notice was signed by the Chief Executive Officer, Thana Pramotedham. A copy of this notice was also sent to the Securities and Commodities Authority.

1. Attached Document