Page 598 - MOE ENGLISH PR REPORT - OCTOBER 2024
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10/22/24, 3:56 PM UAE’s NextGen FDI programme onboards pioneers in autonomous driving, touch-sensing technology – The UAE Press
The Ministry of Economy has announced the addition of two advanced technology
companies to the UAE’s NextGen FDI programme, which provides a suite of market-entry
fundamentals to enable cutting-edge companies from around the world to establish or
expand their operations in the UAE and contribute to the development of the country’s
knowledge economy.
They are UK-based touch-sensing pioneers TG0, whose technology is now transforming
the automotive, healthcare and gaming industries, and Chinese firm Zelos Technology,
which develops autonomous driving solutions, in particular Level 4 (L4) intelligent driving
technology that focuses on applications in logistics and express delivery.
By joining the NextGenFDI initiative, they will benefit from rapid incorporation, fast-track
visa issuance, immediate access to financial services, and the support and networking
potential of the growing NextGenFDI community.
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, welcomed the
technological expertise these companies will bring to the UAE.
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