AIQ, an artificial intelligence company based in Abu Dhabi, is focusing its efforts on exporting its energy-focused AI solutions to markets in the United States and Canada. This strategic move indicates the company's ambition to expand its global footprint and offer its specialized technologies beyond the UAE. The initiative aims to leverage AI to enhance efficiency and operations within the North American energy sector. Why it matters: This expansion represents a significant step for a UAE-based AI firm to become a global technology exporter, aligning with the region's goals of economic diversification and establishing itself as an AI hub.
AIQ, an Abu Dhabi-based artificial intelligence company specializing in the energy sector, is actively pursuing expansion into North American markets. The company is targeting the United States and Canada to export its advanced AI solutions designed for the energy industry. This strategic move signifies AIQ's intent to globalize its offerings and compete internationally. Why it matters: This expansion highlights the growing global reach and export potential of specialized AI technologies developed in the UAE, underscoring the region's increasing competitiveness in high-tech sectors.
Presight AI Holding PLC reported a 22.2% year-on-year revenue increase, reaching AED 689.0 million in Q1-2026, alongside a 12.7% rise in EBITDA and an 11.5% increase in profit after tax. This growth was fueled by continued execution across multi-year contracts, new domestic wins, and sustained international momentum, with international revenue growing 62.9% to represent 30.0% of the Group's total. AIQ contributed AED 205.3 million (29.8%) to the Group's revenue, and the company maintained a robust, debt-free balance sheet with an order backlog of AED 3.1 billion. Why it matters: This financial performance highlights the increasing global demand for and successful deployment of sovereign, mission-critical AI infrastructure from a prominent UAE-based company.
The Saudi Data and Artificial Intelligence Authority (SDAIA) was established in 2019 to drive the national AI strategy in Saudi Arabia. SDAIA's main entities include the National Data Management Office (NDMO), the National Center for AI (NCAI), and the National Information Center (NIC). SDAIA has launched initiatives like the Tuwaiq AI Challenge and the Global AI Summit. Why it matters: SDAIA is central to Saudi Arabia's Vision 2030 plan to diversify the economy and develop AI capabilities.
Executives from AIQ, an ADNOC subsidiary in partnership with G42, met with MBZUAI leadership including President Eric Xing. The AIQ delegation toured the MBZUAI campus and received updates on the university's goals and activities. Both parties discussed potential collaborations in AI research and internships. Why it matters: Partnerships between academic institutions like MBZUAI and industry players such as AIQ are crucial for translating AI research into practical applications within the UAE's key sectors like energy.
AIQ and MBZUAI have signed an MoU to collaborate on AI research, particularly for energy sector solutions. The collaboration includes exploring a joint lab, internships and AI training for MBZUAI students at AIQ. They will also explore endowed chair and adjunct professor positions at MBZUAI. Why it matters: This partnership will drive AI technology research, enhance efficiency and sustainability in the oil and gas industry, and nurture the UAE's AI talent.