Page 334 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)
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5/22/25, 5:08 PM                    AqlanX Secures $10 Million Investment from Lakeba to Drive Arabic-First AI in UAE
        The funding, enabled by the UAE’s NextGen FDI initiative, will support AqlanX’s efforts to

        localise and scale DoxAI’s enterprise automation technology across the Middle East.

        Founded to build Arabic-first, UAE-made AI solutions, AqlanX is focused on streamlining

        business processes, improving operational efficiency, and modernising enterprise

        document management.



        The deal aligns closely with the UAE’s digital economy agenda, which positions the

        country as a regional hub for innovation and emerging technologies. AqlanX’s growth also

        reflects the country’s broader strategy to attract forward-looking investments and foster a

        thriving tech ecosystem.




        As part of the collaboration, AqlanX, DoxAI, and Lakeba have partnered with the University

        of Wollongong in Dubai to launch an AI Centre of Excellence. The centre will focus on

        research, innovation, and talent development to support the UAE’s national capacity-
        building efforts in artificial intelligence.




        The agreement was signed in the presence of Dr. Thani bin Ahmed Al Zeyoudi, UAE

        Minister of State for Foreign Trade, who praised the partnership as a strong example of

        the NextGen FDI initiative’s ability to spark high-impact, cross-sector collaboration.




        With backing from Lakeba and access to DoxAI’s intellectual property, AqlanX is poised to

        become a leader in enterprise AI tailored to the needs of the Arabic-speaking world,

        reinforcing the UAE’s ambition to lead in next-generation technology sectors.




        News Source: Emirates News Agency




















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