Page 83 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/21/25, 10:22 AM 90 Companies Join Ministry Of Economy’s NextGen FDI Programme - UrduPoint

90 Companies Join Ministry Of

Economy’s NextGen FDI Programme

Sumaira FH Published April 12, 2025 | 05:01 PM

(UrduPoint / Pakistan Point News / WAM - 12th Apr, 2025) 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

https://www.urdupoint.com/en/middle-east/90-companies-join-ministry-of-economys-nex-1961514.html 1/3