Abu Dhabi-based G42 and five of its portfolio companies have signed memoranda of understanding (MoUs) with Greek government and private-sector partners. The agreements cover AI infrastructure, government services, smart cities and life sciences.
Among them is a plan to explore an AI factory in Greece with Copelouzos Group, a Greek infrastructure and energy company. The MoUs were signed in Athens on 22 October during an official visit led by the UAE Ministry of Foreign Trade. The visit included the UAE-Greece Business Forum.
The same day, Greek Prime Minister Kyriakos Mitsotakis met Abu Dhabi Crown Prince H.H. Khaled bin Mohamed bin Zayed Al Nahyan in Athens. Mitsotakis said the crown prince's visit would help advance agreements between businesses in the two countries. Greece and the UAE are marking 50 years of diplomatic relations.
G42 says the projects will be developed in line with EU regulations and standards.
G42 takes its Intelligence Grid from Abu Dhabi to Athens
Under the agreements with Copelouzos Group, Khazna Data Centers and Core42 will explore developing an AI factory in Greece. Khazna would lead the physical infrastructure. Core42 would provide cloud and AI compute capabilities.
The facility would serve organisations in banking, telecommunications, shipping and government. G42 presents it as part of its Intelligence Grid. The proposition brings together data centres, compute, cloud and industry-specific applications.
Christos Copelouzos, CEO of Copelouzos Group, said the partnership strengthens Greece's position as "a strategic digital and energy hub in Southeast Europe". He said the AI factory would support the digital transformation of the Greek economy, attract investment and create highly skilled jobs.
H.E. Mansoor Al Mansoori, CEO of G42 International, called the agreements "an important milestone in expanding G42's Intelligence Grid across Europe". He said G42 would work with local partners and in line with European standards.
Agentic AI heads for Greek ministries and city services
Inception42 and Presight signed separate agreements with Greece's Ministry of Digital Governance and Artificial Intelligence. Both centre on agentic AI.
Inception42 will explore the use of AI agents across government and education. The scope includes tools to support cabinet meetings and to monitor progress on government priorities. It also covers training officials to work with AI agents and developing AI tutors and learning platforms.
Ashish Koshy, CEO of Inception42, said AI delivers lasting value in government "when it is built into how institutions work and the people using it are equipped to lead with it". He said each programme would follow European standards for responsible AI.
Presight will explore AI-powered urban analytics with the same ministry, focused on public safety in urban mobility and municipal operations. It will start with demonstrations of agentic AI in municipal waste management and water-network monitoring, using synthetic and open data.
Minister Dimitris Papastergiou said the work would also look at safety on public transport networks. "Our focus is on putting technology to practical use, addressing the needs of our cities and improving citizens' everyday lives," he said.
Life sciences deal opens a two-way start-up corridor
M42 signed an MoU with Athens LifeTech Park (ALTP) covering life sciences research, genomics sequencing infrastructure and population genomics. It also spans clinical development and connecting institutional biobanks.
The MoU opens the way for joint translational research, preclinical studies and biomarker work. Priority areas include oncology, rare genetic diseases and neuroscience.
The agreement also sets up a bilateral programme for start-ups. UAE life sciences start-ups would get a base at the ALTP Incubator to enter the European market. Greek and European ventures would get access to the UAE through M42's network.
Dimitris Moulavasilis, Group CEO of M42, said the partnership connects Abu Dhabi's clinical, genomic and technology infrastructure with Greece's scientific capabilities and European reach. "It also works in both directions," he said.
"Good science travels well when it has the right partners on both ends," said Eleni Pentafragka, CEO of Athens LifeTech Park.