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3/14/25, 2:38 PM Ministry Of Economy’s NextGen FDI Programme, Schneider Electric Partner To Scale Climate-tech Start-ups In UAE | Pakistan Point
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.

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