Page 168 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2

2/24/25, 10:23 AM DoxAI to join UAE’s Nextgen FDI initiative | Business | emirates7

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, welcomed

DoxAI, stating, "We are pleased to have DoxAI join the NextGen FDI initiative. Their

expertise in AI-powered automation will significantly contribute to the UAE’s digital
transformation and further enhance our advanced technology landscape."

He further emphasized that this partnership aligns with the UAE’s vision of fostering a

knowledge-based economy and reaffirms the nation’s commitment to establishing itself
as a global hub for innovation and entrepreneurship.

DoxAI’s regional headquarters will be located in Dubai’s iconic Rolex Tower, with an
initial deployment of 15 units sourced from Australia and India.

The company also plans to expand its footprint in the UAE by forging strategic

partnerships with local universities, including the University of Wollongong, and
implementing a talent recruitment strategy for the 2025-2026 period.

Giuseppe Porcelli, Founder and Chairman of DoxAI, remarked, "The UAE offers an
exceptional environment for technology-driven businesses, with world-class

infrastructure, a business-friendly ecosystem, and access to a thriving technology sector.
Joining the NextGen FDI programme marks a transformative step for DoxAI."

He added that the UAE’s progressive approach to AI and innovation provides an ideal

platform for scaling its technology, forming new partnerships, and contributing to the

region’s digital transformation.

The UAE’s commitment to artificial intelligence aligns with its broader goals of
strengthening digital infrastructure, developing smart industries, and attracting leading

technology firms. Through public-private collaborations and support for businesses like
DoxAI, the country is reinforcing its leadership in emerging technologies that drive

economic growth and diversification.

Introduced in 2022, the NextGen FDI initiative was designed to attract high-potential,
fast-growing technology companies to the UAE.

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