Phoenix Group is listed on the Tel Aviv stock exchange, with a market value of $2.85bn
Companies sign Memorandum of Understanding to jointly boost innovation and AI commercialisation to support oil and gas organisations in the UAE
Mubadala will integrate two of its entities, Injazat and Khazna, into G42
AIQ will develop and commercialise AI products and applications for the oil and gas industry
They will jointly leverage their combined knowledge, human and technological assets, to accelerate the delivery of solutions to combat the pandemic
If successful, the vaccine could enter the market by the end of 2020 or early 2021