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3/14/25, 2:37 PM UAE’s NextGen FDI programme partners with Schneider Electric – The Gulf Time Newspaper
UAE’s NextGen FDI programme partners with Schneider

Electric

ABU DHABI / WAM

The Ministry of Economy has announced that Schneider Electric has become a strategic partner in its NextGen FDI initiative,
which seeks to attract pioneering global companies to the UAE.
The partnership will be aimed at attracting, mentoring and scaling high-potential start-ups in the sustainability and climate-tech
sectors. It will also see Schneider Electric bring its portfolio companies to the UAE for networking and expansion
opportunities.
Through an ongoing strategic capital allocation strategy, Schneider Electric has been at the forefront of supporting startups
with access to the necessary resources, tools and partners to scale and grow.
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.

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.
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

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