Page 336 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)
P. 336

5/22/25, 5:08 PM                              AqlanX Raises $10 Million for Arabic-First Enterprise AI
            Building UAE-Made AI, Powered by Global Expertise



            Founded on the principle of locally developed, culturally relevant AI, AqlanX is focused on
            enhancing enterprise automation and business process transformation. Its AI platforms target

            critical areas such as document intelligence, data processing, and operational efficiency,
            particularly for large-scale organisations in Arabic-speaking markets.



            The $10 million investment will also help localise DoxAI’s proven enterprise-grade capabilities,

            combining global innovation with regional context to deliver solutions tailored for the Gulf
            region.



            “This investment is more than capital—it’s a commitment to a shared vision,” said Giuseppe
            Porcelli, Executive Chairman of Lakeba and DoxAI. “AqlanX represents the next frontier of

            enterprise AI in the Middle East, and we are proud to bring our experience, technology, and
            strategic resources to support its growth.”




            Strategic Alliances for National Talent and Innovation



            AqlanX, Lakeba, and DoxAI have also joined forces with the University of Wollongong in Dubai
            (UOWD) to launch a Centre of Excellence for AI. This national capacity-building initiative aims to

            cultivate homegrown AI talent, support applied research, and promote enterprise innovation
            directly within the UAE.



            Commenting on the partnership, Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for

            Foreign Trade, said:




                “This collaboration between AqlanX, Lakeba, and DoxAI demonstrates the

                power of the NextGen FDI program to catalyse strategic, cross-sector

                partnerships. It underscores our commitment to fostering an ecosystem that
                nurtures innovation and collaboration in priority sectors like artificial

                intelligence.”





            For AqlanX, the investment represents more than financial backing—it cements the company’s
            position as a future leader in enterprise-grade, Arabic-first AI.




      https://thefinanceworld.com/aqlanx-raises-10-million-for-arabic-first-enterprise-ai/                          2/3
   331   332   333   334   335   336   337   338   339   340   341