Page 628 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)
P. 628

5/22/25, 10:41 AM              Exiger joins UAE's NextGen FDI Initiative to enhance risk and supply chain management solutions
              Their expertise will be invaluable as we continue to enhance our regulatory frameworks and
              support businesses in navigating complex global challenges.”
              Brandon Daniels: “We are honored to join the NextGen FDI program and look forward to
              empowering UAE companies to strengthen their position as a global hub for safe commerce.”



        Abu Dhabi, UAE: The Ministry of Economy has announced that Exiger, a leading provider of AI-powered
        risk and supply chain management solutions, has joined the UAE’s NextGen FDI initiative. The
        partnership will see Exiger establish its regional headquarters in Abu Dhabi, investing millions into
        technology and infrastructure while employing over a hundred AI technologists and experts. This latest

        addition to NextGen FDI will reinforce the UAE’s position as a hub for cutting-edge technology and
        compliance solutions, as well as a global AI Center of Excellence.


        Exiger was founded with a mission to empower organizations to make informed decisions, leveraging
        advanced data analytics and AI to provide comprehensive insights into risk management, supply chain
        compliance and anti-money laundering. With a strong presence across various industries, their

        innovative approach is set to enhance the UAE’s expertise in these areas, in addition to increasing its
        capabilities in navigating complex compliance and regulatory challenges.


        HE Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, remarked, “Exiger’s
        expansion into the UAE highlights our commitment to creating an inviting environment for innovative

        technology companies. Their arrival aligns perfectly with the objectives of the NextGen FDI initiative, as
        we seek to further integrate advanced risk management and supply chain solutions into our economic
        landscape. Exiger’s expertise in leveraging technology for risk management will significantly contribute
        to our efforts in building a resilient economy that is well-prepared to navigate the complexities of today’s

        global market and future challenges.”


        Brandon Daniels, CEO of Exiger, stated, “Exiger is honored to join the UAE’s NextGenFDI program,
        bringing our AI-powered supply chain solutions to their ambitious vision for resilient, adaptive and
        transparent trade networks. Our technology, designed to illuminate complex supply chains, reveal

        optimization opportunities and mitigate risks, will empower companies across the UAE to strengthen
        their position as a global hub for secure and efficient commerce”


        Exiger was founded in 2013 with a mission to make the world a safer and more transparent place to
        succeed. Since then, the company has expanded to 1,000 employees across 10 global offices, from
        Singapore to Washington to Vancouver, serving customers worldwide. Exiger counts 150 of the Fortune

        500 and over 65 global government agencies among its clients. In 2023, The Carlyle Group, Insights
        Partners, and JMI invested $1.2 billion to propel Exiger’s rapid growth and AI innovation. Over the past
        24 months, Exiger has acquired five supply chain and cyber AI companies, solidifying its position as the
        largest supply chain risk technology company in the world.







      https://www.zawya.com/en/press-release/companies-news/exiger-joins-uaes-nextgen-fdi-initiative-to-enhance-risk-and-supply-chain-management-solu…  2/3
   623   624   625   626   627   628   629   630   631   632   633