Page 165 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2

DoxAI Joins UAE's NextGen FDI Initiative To

Establish Regional Headquarters In Dubai

By OneArabia
Published: Thursday, February 6, 2025, 12:07 [GST]

The Ministry of Economy has revealed that DoxAI, a company specialising in AI solutions for
simplifying business processes, is joining the NextGen FDI initiative. This programme aims to
attract advanced technology firms to the UAE. It will assist DoxAI in setting up its regional
headquarters in Dubai and expanding its operations to serve both regional and global markets.

DoxAI uses artificial intelligence and machine learning to improve document processing, automate
data extraction, and enhance identity verification. This provides businesses with real-time insights.
By minimising human intervention and integrating smoothly with existing systems, DoxAI helps
organisations optimise operations, cut costs, and focus on growth-driving strategies.

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, expressed enthusiasm about
DoxAI joining the initiative. "We are delighted to welcome DoxAI to the NextGen FDI initiative. Their
expertise in AI-driven automation will play a vital role in supporting the UAE's digital transformation
journey and further strengthening our advanced technology ecosystem," he stated.
He also mentioned that this partnership aligns with the UAE's vision of fostering a knowledge-based
economy. It reinforces the country's commitment to becoming a global hub for innovation and

https://www.onearabia.me/business/doxai-joins-uae-nextgen-fdi-initiative-011-97333.html