G42 Sells 2% Stake in Presight AI to Boost UAE Market Liquidity

Artificial intelligence leader G42 has decided to sell a 2% stake in its subsidiary, Presight AI Holding Plc, through an accelerated share offering. The deal is expected to raise about $100 million. This move will increase Presight’s free float, improve liquidity, and bring more international investors into the UAE’s fast-growing stock market.

Presight AI – A Key Player in UAE’s AI Growth

Artificial intelligence is changing the world, and the UAE is at the heart of this transformation. One of the leading firms in this space is Presight AI, a company focused on big data analytics powered by AI.

Presight is part of the G42 ecosystem, which is home to several high-growth technology businesses. For G42, Presight is a critical pillar that supports its Intelligence Grid offering, delivering advanced data solutions to governments and businesses.

By selling a small stake, G42 will reduce its ownership from 70.5% to around 68.5%. At the same time, it has promised not to sell any further shares for 180 days. This lock-up builds confidence among investors and shows that G42 continues to believe strongly in Presight’s long-term future.

Why the Stake Sale Matters

This transaction is not just about raising money. It reflects three important goals:

• Attracting international investors – The offering is targeted at global institutions, which will help Presight grow its reputation outside the UAE.
• Improving liquidity – A larger free float means more trading activity in the stock, which makes it easier for funds to invest.
• Preparing for index inclusion – Higher liquidity improves Presight’s chances of joining benchmarks like the FTSE Emerging Market Index, which could attract billions in passive investment flows.

According to Ricky Thirion, Group CFO of G42, Presight is one of the strongest parts of G42’s technology network. He noted that its performance reflects strong leadership, consistent growth, and a clear vision for the future.

Strong Stock Performance and Rising Revenues

Presight’s market performance has been impressive. On Wednesday, the company’s shares closed at 3.47 dirhams ($0.94). This price represents a 67% increase since the beginning of 2025.

Financially, the company is also showing strength. In the first half of 2025, Presight recorded a 33.5% growth in organic revenue. This growth was mainly driven by new contracts in the UAE, confirming strong demand for AI and big data solutions.

Presight first entered the public market in 2023, when its initial public offering (IPO) raised $496 million. The IPO was heavily oversubscribed, proving the strong appetite among investors for AI-focused companies.

Secondary Offerings Gain Momentum in the Middle East

The UAE has become one of the most active markets for equity sales. While IPOs usually grab headlines, secondary share offerings are now on the rise.

In 2025 so far, follow-on share sales in the UAE have raised about $3.7 billion. That figure is higher than the total raised from IPOs this year. This shows that the region’s stock markets are becoming more mature, with investors seeking both new listings and additional opportunities in existing companies.

Presight’s stake sale fits perfectly into this trend. Importantly, there is no dilution for current shareholders because the shares are being sold by G42, not newly issued by Presight. This makes the deal attractive to the market while leaving the company’s financial structure unchanged.

Strong Institutional Demand

The offering has already received strong interest. According to deal terms, the books were fully covered in advance. This shows high demand from large institutional investors who see Presight as a valuable long-term play in the AI space.

The deal is being managed by top financial institutions. First Abu Dhabi Bank PJSC and Jefferies Financial Group Inc. are acting as joint global coordinators and bookrunners. International Securities is also serving as joint bookrunner.

Settlement of the offering is expected by September 10, 2025, which means investors will soon have access to the shares.

Presight’s Role in the UAE’s Technology Transformation

Presight AI is more than a company that delivers profits. It plays a key role in the UAE’s national technology strategy.

Its AI and data platforms support major projects in smart cities, security, healthcare, transportation, and urban planning. By analyzing large sets of data and generating predictive insights, Presight helps governments and businesses make smarter decisions.

This strategic importance is one reason why G42 continues to keep a controlling stake. Even after selling a small portion, G42 remains the driving force behind Presight’s expansion.

G42’s Expanding Ecosystem

G42 itself has become one of the UAE’s leading investment powerhouses. Its portfolio spans AI, cloud computing, biotechnology, healthcare, and space technology.

Within this network, Presight acts as the data intelligence backbone. The company’s growth complements other G42 projects, helping create a full ecosystem of advanced technologies.

The stake sale shows G42’s strategy: keep control of core assets while making space for global investors who can increase visibility and liquidity.

Future Outlook for AI Investments in the UAE

The sale of Presight shares highlights several broader trends in the UAE’s markets:

• Global interest in UAE technology firms continues to rise.
• UAE stock markets are growing, with secondary offerings becoming common.
• AI and big data remain key drivers of growth and investment.
• Inclusion in global indices such as FTSE Emerging Markets could attract passive funds.

With its strong revenue growth, rising stock price, and global investor interest, Presight is positioned as one of the UAE’s most promising AI companies.