Presight AI Holding, a global leader in AI and data analytics, has reported revenue growth of 36.1% for the second quarter, which soared to AED713.2 million ($194 million), while its profit after tax registered a 30.2% growth over last year despite a dynamic regional operating environment.
Zain Group, a leading telecommunications services company in the region, has announced that its first-half net profit rose 73% year-on-year to KD220 million ($717 million), boosted by gains from strategic investments, while revenue surged 5% to hit KD1.14 billion ($3.68 billion).
Leading UAE telco e& Group has recorded strong growth in its consolidated revenue for the first six months of the year hitting AED38.1 billion ($10.3 billion), an increase of 11.6% over last year. The positive momentum was reflected in its consolidated net profit, which soared to AED6 billion ($1.6 billion).
Beyon, a leading telecom company and digital enabler in Bahrain, has reported a 7% increase in its Q2 net profit hitting BD18.3 million ($48.5 million), while its quarterly revenue broadly stood flat at BD126 million ($331 million) supported by higher revenue and operational efficiencies.
Emirates Integrated Telecommunications Company (du) delivered a resilient financial performance in the first quarter, with revenue growing by 6.9% to AED4.1 billion ($1.116 billion), a record EBITDA margin of 49.5%, and net profit growing by 15.5% to AED0.8 billion ($217.8 million).
e&, a telecom and technology leader, has delivered record financial performance in 2025, reporting consolidated revenues of AED72.9 billion ($19.85 billion), an increase of 23.1 per cent year-over-year (YoY) from AED59.2 billion.
Zain KSA, a leading digital services provider in Saudi Arabia, has announced solid results for the first nine months with the group recording a 11% jump in its net profit hitting SAR538 million ($146.4 million), while its revenue soared to SAR8.141 billion ($2.22 billion) thanks to its diversification strategy.
Funding AI’s insatiable compute demand would require $6 trillion in annual revenue by 2031 and much of the value lies in new innovation, beyond employee productivity, says Bain & Company’s 7th annual Global Technology Report.
