Page 153 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2

2/24/25, 10:02 AM UAE reinforces its position as hub for innovation, entrepreneurship
As we accelerate our economic diversification efforts, our ability to nurture new ideas, new
capabilities and new ventures, particularly in high-potential sectors such as med-tech, renewable
energy, advanced manufacturing, agri-tech and trade tech, will support our ambition to develop an
economy-based on knowledge and innovation,” he added.

Dr. Al Zeyoudi stated that the experience of Continuous Ventures will help NextGen FDI companies
leverage the opportunities in the local and regional market but introduce new enterprises to its
network.

Colin Meagle, Founding Partner of Continuous Ventures, said, “The UAE is an ideal base for our
headquarters due to its forward-looking approach to technology and innovation. Through our
partnership with NextGen FDI, we can help homegrown startups compete on a global stage,
transforming local ideas into world-changing companies. This collaboration marks an exciting new
chapter for us, and we’re honoured to contribute to the UAE’s journey towards becoming a world
leader in tech innovation.”

WAM

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