DANA Global (‘DANA’), an Abu Dhabi-based desert tech venture builder and investment platform, announces a collaboration with Agadir Horticultural Complex (‘CHA’) to establish a regional innovation hub for resilient and eco-efficient agriculture.

The new company, tentatively called LG Magna e-Powertrain, marries Magna’s strength in electric powertrain systems and world class automotive manufacturing with LG’s expertise in component development for e-motors and inverters.

AIQ will focus on developing and commercializing AI products and applications for the oil and gas industry. The partnership brings together G42’s expertise in AI modeling, supercomputing and its world-class team of data scientists.