G42 Establishes G42 Europe & UK - Middle East Business News and Information
Abu Dhabi, UAE – Friday, June 2025 – G42, the leading UAE-based artificial intelligence and advanced technology group, today announced the launch of G42 Europe & UK, a subsidiary headquartered in London. The entity will focus on delivering tailored AI solutions to Europe and UK's private sector and partnering with governments and industry to support the build-out of critical AI infrastructure across the UK and continental Europe.
G42 Europe & UK will be co-chaired by two seasoned technology leaders:
Omar Mir, International Board Member at World Wide Technology, brings over 20 years of global tech-industry experience. At WWT, Omar has spearheaded transformative initiatives across UK, Europe, the USA, and the Middle East,—driving growth in 5G, edge computing, cloud, and AI services and solutions.
Marty Edelman, Group General Counsel of G42, oversees legal and compliance strategy across the Group's diverse global operations and has been instrumental in shaping G42's governance framework as it extends into new markets.
'I am honoured to co-chair G42 Europe & UK at this pivotal moment,' said Omar Mir, Co-Chair of G42 Europe & UK. 'Our goal is to harness G42's proven AI expertise and localise it for European and UK businesses – fuelling digital transformation, enhancing competitiveness, and building resilient, sovereign AI infrastructure in partnership with public and private stakeholders.'
'UK & Europe represents a dynamic market with immense opportunity for AI-driven innovation,' said Marty Edelman, Co-Chair and Group General Counsel, G42. 'By establishing a dedicated hub in London, we strengthen our ability to serve clients with deep regulatory understanding and world-class technology solutions.'
The establishment of the new entity follows G42's growing momentum in Europe, marked by recent announcements of data centres and compute clusters in France and Italy, and rising interest from several other countries across the region.
G42 Europe & UK will leverage G42's world-class network of supercomputing nodes, data centres, and AI capabilities to deliver scalable, secure end-to-end AI services, from strategic advisory and model development to infrastructure deployment and managed services, for sectors ranging from financial services and healthcare to manufacturing and energy. The new entity will also collaborate with national and regional bodies to advance data-sovereignty initiatives and support the rollout of next-generation AI infrastructure.
About G42:
G42 is a global artificial intelligence and cloud-computing company headquartered in Abu Dhabi, UAE. Leveraging partnerships with leading technology providers and its own portfolio—including Khazna, Core42, CPX, Presight, and Inception—G42 delivers sovereign cloud solutions, AI research, and advanced analytics to clients worldwide. G42 is committed to driving responsible AI innovation that powers economic growth and societal benefit.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
See - Sada Elbalad
7 hours ago
- See - Sada Elbalad
US, EU Strike Landmark Trade Deal Setting Tariffs at 15%
Taarek Refaat The United States and the European Union have reached a sweeping trade agreement that sets a unified tariff rate of 15% on most goods exchanged between the two economic powers. The announcement came just days before a looming deadline set by U.S. President Donald Trump, who had threatened to double tariffs on EU imports if a deal was not secured. The agreement, first reported by Politico, covers a wide range of goods, including automotive imports and industrial products. However, pharmaceutical products are notably exempt from the new tariff regime. 'This is a tremendous deal for both the United States and the European Union,' President Trump told reporters following a high-level meeting with European Commission President Ursula von der Leyen in Scotland. 'We've leveled the playing field, and we're entering a new era of fair and reciprocal trade.' As part of the accord, the EU has pledged to purchase $750 billion worth of American energy exports over the coming years, a move seen as a strategic effort to reduce reliance on Russian energy sources. The deal also includes a European commitment to increase military equipment investment by an additional $600 billion, compared to previous defense spending plans. In return, U.S. markets will maintain access to European goods under the agreed 15% tariff rate, while the EU has agreed to open its markets to U.S. products without any additional customs duties, marking a significant shift in European trade policy. Experts say the agreement signals a recalibration of U.S.–EU relations after years of friction over tariffs, digital taxes, and industrial subsidies. It also reflects a shared interest in strengthening economic ties amid growing global uncertainty and rising competition from China. 'This is not just about trade. It's about geopolitical alignment,' said Dr. Lisa Reinhardt, a trade analyst at the Atlantic Policy Institute. 'Energy, defense, and market access, this agreement touches every pillar of the transatlantic alliance.' While the details of the agreement will require ratification on both sides of the Atlantic, early market reactions have been positive. European auto stocks rose sharply following the news, and energy sector shares in the U.S. also posted gains. The deal is expected to go into effect later this year, pending legislative approvals. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language
Daily News Egypt
9 hours ago
- Daily News Egypt
New EU regulation eases path for Egyptian potato exports
Egypt's Ministry of Agriculture and Land Reclamation has announced the adoption of a new European regulation—Regulation No. 1289/2025—that facilitates the export of Egyptian table potatoes to EU markets. The move marks a major milestone in enhancing the competitiveness of Egyptian agricultural exports globally. Mohamed El-Mansy, head of the Central Administration of Plant Quarantine, stated that the regulation was issued in accordance with directives from Minister of Agriculture Alaa Farouk, and under the supervision of Ahmed Essam, head of the Agricultural Services and Monitoring Sector. The regulation is expected to significantly improve the efficiency of Egyptian agricultural exports to international markets. El-Mansy noted that the updated framework is the result of coordinated efforts between Egypt's Plant Quarantine Authority, the Brown Rot Control and Survey Project, and the Supreme Committee for Potato Export Regulation at the Ministry of Investment and Foreign Trade, in close collaboration with European partners. Key changes introduced in Regulation No. 1289/2025 include increasing the allowable shipment weight and reducing the number of samples required for inspection. 'These amendments will streamline the export process for Egyptian potatoes cultivated in brown rot-free zones,' said El-Mansy. 'They are also expected to lower the cost of sample analysis upon entry into the EU.' According to the ministry, Egypt's potato exports exceeded 1.3 million tonnes for the first time—a record that underscores the growing demand for Egyptian produce. The Plant Quarantine Authority is continuing efforts to expand export markets and ensure the smooth flow of agricultural goods worldwide. El-Mansy also expressed appreciation for all national and international stakeholders who contributed to drafting and finalizing the regulation. He emphasized that the new rules align with EU plant health standards and reinforce Egypt's standing as a key agricultural exporter to Europe.
Daily News Egypt
10 hours ago
- Daily News Egypt
EU, China agree on rare earths, climate but divisions remain on trade, Ukraine
The European Union and China agreed at their 25th summit in Beijing on a new mechanism to help facilitate the export of rare earth elements and issued a joint statement on combating climate change, but divisions over issues including bilateral trade and the Russia-Ukraine conflict will require further talks to be addressed. The issue of rare earth metal supply chains has become an increasingly significant topic in global discussions. During a high-level meeting with Chinese President Xi Jinping on Thursday, European Commission President Ursula von der Leyen said the EU was 'not seeking to decouple or cut supply chains with China, and welcomes Chinese companies to invest and do business in Europe'. Following the summit, von der Leyen elaborated on the new agreement at a press conference in Beijing. 'We have agreed on an enhanced export supply mechanism. In other words, if bottlenecks arise, this mechanism can immediately intervene to examine and solve the problem or issue at hand,' she said. Chinese customs data shows that China's magnet exports to the EU accounted for about half of its total shipments in June, the highest rate this year, with more licences having been granted in accordance with laws and regulations. Earlier, during a European tour on July 3, Chinese Foreign Minister Wang Yi said that 'the export of rare metals will not become a contentious issue between China and the European Union'. He added that it is the right and international responsibility of any sovereign state to impose necessary regulations on dual-use goods, which can be used for both civilian and military purposes. Wang also noted that the Chinese government had established a 'fast-track' mechanism to facilitate exports to European companies. Feng Chongping, director of the Institute of European Studies at the Chinese Academy of Social Sciences and president of the Chinese Society for European Studies, said: 'The Europeans always talk about 'de-risking', but they immediately follow it with 'no to decoupling', because decoupling is impossible.' He added that the two sides share deep economic interests. 'The European economy cannot do without China. Europe, as China's second-largest trading partner, is one of its most important export markets.' A 'crucial juncture' or a 'turning point'? The European Chamber of Commerce in China on Friday welcomed the outcomes of the EU-China summit, saying in a statement that the meeting had 'exceeded expectations'. It highlighted several positive developments, including the joint statement affirming a mutual commitment to combating climate change and the establishment of the enhanced export supply mechanism. Jens Eskelund, president of the European Chamber of Commerce in China, said the 50th anniversary of the establishment of diplomatic relations between the EU and China presented an opportunity not only to acknowledge successes but also to conduct a 'maintenance check' on the relationship. During the summit in Beijing on July 24-25, held to mark the 50th anniversary of diplomatic relations, President Xi said that China-EU relations had reached 'another crucial juncture in history', while von der Leyen described the relationship as being at a 'turning point'. On the same day, China's Ministry of Foreign Affairs announced that the two sides had reached several important agreements, particularly in the fields of climate change and export controls. Croatian Foreign Minister Gordan Grlić Radman, during a visit to China before the summit, said that competition exists, 'but cooperation is the only option to ensure the future of the next generations'. 'There may be differences between China and the European Union, but we need dialogue to keep communication channels open and achieve a balanced, equal and mutually beneficial relationship by reducing trade and investment barriers,' he added. China's ambassador to the EU, Cai Run, said that 'some frictions are inevitable, but resolving differences requires political sincerity and strategic resolve', stressing that economic and trade cooperation remains the cornerstone and main driver of China-EU relations. Division over the war in Ukraine European leaders often view their relationship with China through the prism of the Russia-Ukraine war. On July 21, China's foreign and commerce ministries condemned unilateral EU sanctions on Chinese banks and companies over Russia, vowing to take necessary measures to protect their legitimate rights. In February, Foreign Minister Wang Yi reiterated that China-Russia relations are characterised by 'not being an alliance, not a confrontation, and not targeting any third party'. When asked about European pressure on China to stop buying gas from Russia, Wang questioned: 'If China does not import oil and gas from Russia, how can it meet the needs of more than 1.4 billion people?'. Feng Chongping noted that moving forward in China-EU relations cannot ignore problems and challenges, but said that some European media and analysts focus only on the negatives. 'These challenges and problems actually show where the common interests between China and the EU are concentrated,' he said. Climate change and technology Following the summit's conclusion, von der Leyen posted on X, formerly Twitter: 'China-EU cooperation on climate can set a global benchmark, and we will work together to make COP30 a success'. On Friday, United Nations Secretary-General António Guterres welcomed the commitment by China and the EU to deepen cooperation on tackling climate change and supporting a just global transition. On the same day, Chinese foreign ministry spokesman Guo Jiakun praised the joint statement on climate, considering it an expression of a shared commitment to addressing climate issues and promoting green development. 'Although the EU sees great competition with China, China is considered an indispensable partner on the climate file,' Feng Chongping said in an interview, confirming that cooperation between the two sides in this area is proceeding well. In the joint statement, China and the EU pledged to accelerate the global deployment of renewable energy, promote the flow of high-quality green technology and products, and make them available, affordable and suitable for all countries, including developing nations. The two sides also agreed to enhance bilateral cooperation in areas such as energy transition, climate change adaptation, methane emissions control, carbon markets, and green and low-carbon technologies. Both parties committed to submitting their 2035 Nationally Determined Contributions (NDCs) before the UN Climate Change Conference, COP30. The joint statement did not mention the United States, which is set to withdraw from the Paris Agreement again in January 2026 after the re-election of President Trump and his administration's submission of a formal withdrawal request.
