United Printing & Publishing Sole Proprietorship LLC (UPP) has announced the reveal of its new brand identity ‘E7 Group’ (E7), representing a significant chapter in the company’s journey to become an industrial champion in Abu Dhabi, with leading security systems and sustainable packaging capabilities.The name E7 combines ‘Emirates’ and ‘7’ – E7 is inspired by the UAE’s unity and future-facing strategy, conveying the company’s ambition to deliver best-in-class customer services and products.The new brand identity follows the recently completed business combination between ADC Acquisition Corporation PJSC (ADC) (SPAC) and UPP in the region’s first Special Purpose Acquisition Company (SPAC) merger. As a result of the transaction, AED 1.1bn of cash was transferred to the company, which will be used to significantly accelerate E7 Group’s growth strategy focusing on the secure systems and sustainable packaging sectors.The combined business began trading on ADX on November 9 under the ticker symbol ‘ADC’. Following the launch of the E7 Group brand identity, the company will trade on ADX under the new ticker symbol 'E7' starting 23 November 2023.“Our new corporate identity reaffirms our aspiration to become a leading national industrial champion. Through the years, UPP has built a reputation for operational excellence, trustworthiness and an unwavering dedication to providing our clients with the highest standards of delivery and service. As we transition to E7, we carry forward these values, preparing to embark on an exciting new chapter of innovation and growth as a listed company,” said Ali Saif Ali Abdulla Alnuaimi, Chief Executive Officer of E7 Group.E7 comprises of four key subsidiaries:E7 Security, a market leading provider of total security solutions that serves the banking, government, telecom, retail, hospitality and transport sectors;E7 Packaging, offering sustainable packaging services;E7 Printing, one of the largest commercial printing providers in the region focused on the education sector; andTawzea by E7, a comprehensive logistics and fulfilment services business.E7 builds on UPP’s legacy of utilizing best-in-class technology to create customized solutions for customers across Abu Dhabi, the region, and beyond.

Presight AI Holding, a G42 company and a big data analytics company powered by artificial intelligence (AI), today announced its intention to carry out an Initial Public Offering (IPO) and subsequently list its shares on the Abu Dhabi Securities Exchange’s (ADX) first market.On 3rd March 2023, the UAE Securities and Commodities Authority approved the Company’s application for the IPO.Presight, a public company limited by shares, incorporated in the Abu Dhabi Global Market, supports public services and commercial businesses of all magnitudes by unlocking positive societal impact with omni analytics and AI to deliver insight-driven decision-making across every sector at scale.The Company’s solutions are deployed across three core sectors with significant potential for impact and innovative market growth; public services, finance, and sports. Presight continues accelerating into priority sectors, channelling advanced data analytics to predict environmental impact, enable efficient infrastructure use, and transform educational outcomes.The Company’s proprietary Transformative Analytics Quotient (TAQ) platform has enabled Presight to deliver unmatched digital transformation for its customers across the globe.TAQ integrates all-source data into adaptive AI algorithms to deliver actionable insights across the sectors in which Presight operates. The platform enables clients to understand historical performance effectively, forecast more accurately, and make timely decisions in the best interests of customers and the public at large.Presight has entered into a cornerstone investment agreement with International Holding Company (IHC), through which IHC has committed to invest in the planned IPO. This cornerstone investment agreement demonstrates the confidence IHC has in Presight’s growth trajectory and paves the way for further collaboration and growth opportunities regionally and globally.Mansoor Al Mansoori, Chairman of Presight, said, “Presight was initially conceived in 2020 to deliver analytics-driven, cloud-first AI-enabled solutions for public and private businesses in the Middle Eastern ecosystem. Presight’s journey has evolved rapidly since its inception. It is now positioned as the region’s leading big data analytics company powered by AI, trusted with country-level strategic mandates to drive digital transformation and innovation."Through our proprietary Transformative Analytics Quotient platform, Presight enables insight-driven decision-making to unlock positive societal impact with omni-analytics and AI.”Since its establishment, Presight has demonstrated an exceptional track record in combining big data, analytics and AI expertise to deliver solutions. The Company has successfully delivered numerous high-impact projects with business and societal value creation at the core. Presight was integral to managing the COVID-19 pandemic in the UAE and to welcoming 24 million visitors safely to Expo 2020 Dubai.Thomas Pramotedham, CEO of Presight, said, “We have delivered a strong track record of profitability, with the highest net margins amongst leading AI and cloud organizations with similar digital products and services. We are complemented by a sophisticated leadership team with deep sector expertise and highly predictable revenue streams. Through our long-term committed contracts, we are well positioned to deliver strong returns to shareholders and stakeholders throughout the business.”With TAQ at the core, powering 10 flagship solutions and more than 100 AI models, Presight supports its clients and partners to unlock positive societal change through insight-driven decision marking.

Abu Dhabi Securities Exchange (ADX) hosted a delegation from Access Abu Dhabi, a Maven Global Access program, supported by the Abu Dhabi Investment Office (ADIO), that aims to spotlight Abu Dhabi as a destination where organizations can achieve global expansion. The delegation featured sports legends, Patrice Evra and Metta World Peace, along with Shark Tank star Kevin O’Leary and business magnates from the US.The Access Abu Dhabi delegates were given a tour of ADX’s facilities and a briefing on the leading role that ADX is playing to enhance the Emirate’s position as an attractive destination for international capital, in line with the strategy of the Government of Abu Dhabi. After the briefing, Mr. O’Leary and the Maven Global Access delegation took part in a bell ringing ceremony at ADX’s trading floor to signal the start of trading accompanied by the Exchange’s Managing Director and Chief Executive Officer, Saeed Hamad Al Dhaheri, and members of ADX senior management.This visit is part of a wider initiative that showcases the array of business opportunities in Abu Dhabi and introduces key stakeholders to US companies seeking to expand into Abu Dhabi’s thriving business and innovative ecosystem. The visit also highlights the continuous efforts of Abu Dhabi’s government in promoting the city as a top destination for businesses to invest, innovate and grow.Saeed Hamad Al Dhaheri, Managing Director and Chief Executive Officer of ADX, said: “We were delighted to host the Access Abu Dhabi delegates at ADX. This visit showcases the role that ADX plays as a key stakeholder in attracting international capital and business to Abu Dhabi, which is part of our strategy for building bridges with international parties and showcasing the best of what Abu Dhabi has to offer.”Access Abu Dhabi, a Maven Global Access programme supported by ADIO, engages, enables and empowers companies to fast track their global reach with expansion to Abu Dhabi. The Founder of Access Abu Dhabi, Sarah Omolewu has leveraged her experience and extensive network in celebrity and investor circles in the US to secure entrepreneurs and ambassadors for the program.