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Presight CEO: Long-Standing Ties with US Tech Firms

Presight has reported profit for the third quarter of 131 million dirhams with revenue at 749.2 million dirhams. Thomas Pramotedham, CEO of Presight spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on the results as well as their deals. (Source: Bloomberg)

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ITV ad slump deepens amid £1.6bn Sky deal probe

ITV has warned of a sharper-than-expected slump in advertising revenue and announced £30m in fresh cost savings, as its £1.6bn sale to Sky faces a government investigation. The FTSE 250 broadcaster said on Wednesday that advertising revenue fell eight per cent in the third quarter, worse than its previous forecast of a five per cent [...]

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