Page 127 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2

2/25/25, 3:53 PM DoxAI to join UAE's Nextgen FDI Initiative to Drive AI-Powered Business Transformation
DoxAI to join UAE's Nextgen FDI Initiative to

Drive AI-Powered Business Transformation

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- DoxAI to establish regional headquarters in Dubai, leveraging AI-driven automation and insights to streamline
business operations

- Move supports the UAE's vision to become a global hub for advanced technology and innovation

- HE Al Zeyoudi: "DoxAI will strengthen the UAE's innovation ecosystem and contribute to the digital transformation
of industries, reinforcing our position as a global technology leader."

ABU DHABI, UAE, Feb. 7, 2025 /PRNewswire/ -- The UAE Ministry of Economy has announced that DoxAI, a
provider of AI solutions designed to simplify business processes and reduce operational complexities, has joined its
NextGen FDI initiative. The program, which seeks to attract high-growth advanced technology companies to the
UAE, will support DoxAI in establishing its regional headquarters in Dubai and scaling its operations to serve regional
and global markets.

DoxAI applies AI and machine learning to streamline document processing, automate data extraction, and enhance
identity verification, delivering real-time, actionable insights for businesses. By reducing the need for human
intervention and integrating seamlessly with existing business systems, DoxAI enables organisations to optimise ther
operations, reduce costs, and focus on strategic initiatives that drive growth. DoxAI is part of the Global Tech Builder
Lakeba Group.

His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, said,
"We are delighted to welcome DoxAI to the NextGen FDI initiative. Their expertise in AI-driven

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