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3/14/25, 2:37 PM Ministry of Economy’s NextGen FDI programme, Schneider Electric partner to scale climate-tech start-ups in UAE - Aletihad News …

The company has empowered category-defining companies globally in sectors such as climate-tech, industrial AI,

mobility, prop-tech, and cybersecurity.

Under the agreement, Schneider Electric will support the NextGen FDI mission in two core ways: firstly, to offer go-to-
market strategies and incubation for companies onboarded to the programme, including potential collaborations with
Schneider Electric’s own projects, and secondly to introduce existing start-ups from the Schneider Electric global

portfolio to the initiative.

According to Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, the partnership underscores the
vitality of start-ups in aligning the advancement of the UAE’s innovation ecosystem with its sustainability agenda and
net-zero goals.

Al Zeyoudi stated, “The partnership with Schneider Electric is a strategic step towards empowering climate-tech start-
ups with the necessary tools and expertise to scale and grow, expanding the deployment of cutting-edge technologies

that reduce emissions, material waste and time in the UAE and the broader region. The UAE’s commitment to
pioneering climate-tech solutions, from smart grids to energy-efficient infrastructure, will be further strengthened by this
collaboration and we look forward to the tangible and long-term impact it will have on our sustainability goals.”

Schneider Electric, which has long-term commercial partnerships with more than 35 active companies covering energy

management, sustainability, and industrial automation sees the UAE as a critical market for driving sustainable growth
and innovation.

Olivier Blum, Chief Executive Officer of Schneider Electric, stated, "Digitalisation and electrification are reshaping
economies worldwide, making energy efficiency and sustainability more critical now than ever. As a strategic partner of

the NextGen FDI Initiative, Schneider Electric is committed to supporting the UAE’s vision for energy resilience and
sustainable development. By empowering the next generation of tech start-ups and accelerating the country’s energy
transition, we are driving growth in alignment with the UAE’s economic diversification goals.”

Blum added, “Our joint efforts build on the UAE’s commitment towards innovation and digital transformation and
solidifies the nation’s position as a leading global hub for technology-driven creators and innovators.”

Launched in 2022, the NextGen FDI initiative is a key pillar of the UAE’s drive to diversify its economy and position
itself as a global hub for innovation. To date, the programme has welcomed over 20 companies operating in future

focused sectors such as AI, renewable energy, robotics, and advanced manufacturing, helping accelerate the UAE’s
transition to a knowledge-driven, sustainable economy.

https://en.aletihad.ae/news/uae/4556376/ministry-of-economy-s-nextgen-fdi-programme--schneider-elect 2/2