Page 81 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/21/25, 10:22 AM UAE’s NextGen FDI programme draws global tech leaders - ARN News Centre- Trending News, Sports News, Business News, Du…

UAE’s NextGen FDI programme draws

global tech leaders

News Home More from Business
Saturday, 12 April 2025 13:18

By ARN News Staff

Shutterstock [For illustration]

The UAE is reinforcing its status as a global hub for technology, innovation and investment, with a strong

focus on advanced sectors like artificial intelligence and semiconductors.

Since its launch in 2022, the Ministry of Economy’s "NextGen FDI" initiative has attracted more than 90 major
international companies—including tech giants like Coinbase, Qualcomm, Ripple, and XPENG.

These companies are contributing to fast-growing fields such as blockchain, robotics, biotech, smart mobility, and

climate technology, all seen as key drivers of the future global economy.

Speaking to Emirates News Agency, WAM, Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade,
highlighted the UAE’s strategy to become a magnet for 300 global tech companies and attract around $500 million in
foreign investment.

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