Copelouzos Group signs agreements with UAE firms to explore AI infrastructure development

Agreements with Khazna Data Centers and Core42 will explore the development of AI infrastructure alongside cloud services and computing power.

Copelouzos Group signs agreements with UAE firms to explore AI infrastructure development

This article is an AI translation of an original piece published in Greek. Read original

The Copelouzos Group has signed agreements with Khazna Data Centers and Core42, companies in the portfolio of G42, the Abu Dhabi-based technology group.

The agreements concern exploring the development of an Artificial Intelligence (AI factory) in Greece.

The agreements were signed in Athens on 22 October 2026, during an official business visit led by the United Arab Emirates Ministry of Foreign Trade, which also included the UAE–Greece Business Forum.

Khazna Data Centers and Core42, in collaboration with the Copelouzos Group, will explore developing the AI factory, combining advanced data centre infrastructure with cloud capabilities and AI computing power:

  • Khazna will lead the development of the physical infrastructure.
  • Core42 will provide cloud and AI computing capabilities to support organisations in sectors such as banking, telecommunications, shipping and public administration.

“Our partnership with G42 brings cutting-edge AI infrastructure of world-class standards to Greece and strengthens the country’s position as a strategic digital and energy hub in south-eastern Europe,” said Christos Copelouzos, chief executive of the Copelouzos Group.

“By combining our experience in large-scale infrastructure and energy projects with the expertise of Khazna and Core42, we aim to create an AI factory that will support the digital transformation of the Greek economy, attract new investment and create highly skilled jobs”.

The parties will work to define the scope, structure and timelines of the initiative, subject to the conclusion of definitive agreements and receipt of the applicable regulatory approvals.

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