Page 68 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/21/25, 10:20 AM Home | Emirates News Agency

90 companies join Ministry of Economy’s NextGen FDI

programme

Saturday, April 12, 2025 12:45 PM3 minutes Reading

Summary A+

ABU DHABI, 12th April, 2025 (WAM) – The UAE has strengthened its position as an

ideal destination and hub for multinational global technology partnerships, in

addition to being an investment and trade platform that supports growth and

innovation opportunities across various fields and sectors—particularly artificial

intelligence and semiconductors, which are contributing to reshaping the global

economic landscape.

Since its launch in July 2022, the Ministry of Economy’s "NextGen FDI" initiative has

successfully attracted over 90 leading global companies, especially those

specialising in advanced technology and vital sectors, such as Coinbase,

Qualcomm, Ripple, XPENG, and other high-market-value companies that have

joined the initiative.

The activities of the companies involved in the initiative span a wide range of

sectors expected to redefine the future economy, including artificial intelligence,

blockchain, robotics, the Internet of Things, biotechnology, renewable energy, smart

mobility, fintech, semiconductors, wireless communications, sustainability, and

climate technology.

Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, told the

Emirates News Agency (WAM) that the NextGen FDI initiative continues to attract

global companies operating in strategic sectors, in cooperation with relevant

partners and entities within the country.

https://www.wam.ae/en/article/bj53fj0-companies-join-ministry-economy’s-nextgen-fdi 1/3