Cybersecurity
UAE Spy Chief’s AI Plays Rely on Related-Party Sales
- Presight seeks to raise $496 million in Abu Dhabi share sale
- Bayanat was best-performing major tech IPO globally last year
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Two high-flying AI companies backed by an influential Middle Eastern royal have been opening up to the public markets for the first time. Behind the scenes, their rise has been predominantly powered by business with connected parties.