Page 362 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

AqlanX Secures USD 10 Million Investment From

DoxAI To Advance Arabic-First Enterprise AI In The

Middle East

By OneArabia

Published: Sunday, May 11, 2025, 15:32 [GST]

AqlanX, an artificial intelligence firm based in the UAE, has secured a US$10 million investment
from Lakeba Group through their venture DoxAI. This investment is a key step in the region's digital
transformation. The funding, facilitated by the UAE’s NextGen FDI initiative, will help AqlanX expand
DoxAI's enterprise automation capabilities across the Middle East.

The collaboration between AqlanX, Lakeba, and DoxAI highlights the impact of the NextGen FDI
program. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, remarked on this
partnership's role in fostering innovation and collaboration in sectors like AI. The agreement was
signed with his presence.

AqlanX aims to automate business processes and improve operational efficiency for large
organisations. Their focus is on creating UAE-Made, Arabic-first AI technologies that transform
enterprise document management. This aligns with the UAE’s strategy to position itself as a hub for
AI-driven ventures.

Giuseppe Porcelli, Executive Chairman of Lakeba and DoxAI, stated that their investment signifies
more than just capital; it reflects a shared vision. He emphasised AqlanX's potential as a leader in

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