Emirati "G42" increases the momentum of secondary offices in the Emirates after selling 2% in "Brissit"

The rate of proposals for high school in the Emirates accelerates this year by paying an increasing appetite for institutional investors, as “G42”, the arm of artificial intelligence in Abu Dhabi, today sold 2% of its share in the “Brisit AI” business, Thursday, in an agreement that has been a few days after similar exit. ‘G42’ raised about 370 million dirhams by selling 118 million shares of ‘Bressate AI’ shares at a price of 3.12 dirhams per share, while still retaining a 68.5% stake in the company. Abu Dhabi First Bank and Jeffrez took over the duties of the joint world coordinators of the agreement, while the ‘International Cistiotes’ managed the subscription record. Secondary offer momentum exceeds the priority. The UAE saw prominent secondary transactions this year, similar to the ‘ADNOC’ offering at the end of August for approximately 222 million extra shares from its ‘Adnoc Supply and Services Unit’, which increased approximately 1.16 billion dirhams ($ 317 million) at a price of $ 5,25 dirhams. According to Mark data, the size of secondary offices in the Emirates exceeded the initial proposals during the first half of 2025, due to large transactions such as a partial exit from ‘ADNOC gas’, which collected about $ 3 billion and sold an investor for an stake in ‘Abu Dhabi’ worth $ 477 million. Indicators show that this momentum will continue as Mubadala is preparing Investment to sell part of its $ 1 billion share in the telecommunications company “D” through a secondary offer that is likely to be implemented after the summer.