Page 581 - MOE ENGLISH PR REPORT - FEBRUARY 2024

2/23/24, 10:19 AM KERNO to manufacture Enterprise-class infrastructure products in the UAE as new member of NextGenFDI Program - mid-east.i…
KERNO to manufacture Enterprise-

class infrastructure products in the

UAE as new member of NextGenFDI

Program

February 19, 2024 22

HE Dr Thani Al Zeyoudi: “KERNO is an important and welcome addition to the NextGenFDI
program, contributing to the UAE’s progress towards becoming a technology-driven knowledge

economy. This is another example of the NextGenFDI program acting as a catalyst for
investment, expansion and growth in the UAE’s dynamic technology sector.”

Abu Dhabi, UAE: The Ministry of Economy has announced that KERNO, a pioneering new start-
up in enterprise-class infrastructure products, is the latest company to join its NextGenFDI

program, which provides a suite of market-entry fundamentals to enable cutting-edge
companies to establish or expand their operations in the UAE and, in doing so, support the

development of the country’s knowledge-based economy.

KERNO will develop and locally manufacture enterprise-class server, storage and network
equipment to address the growing infrastructure demand in the Middle East Region . The

company is led by veterans from Nokia and IBM who possess extensive experience in building
technology companies specializing in advanced computing systems and networks. They plan to

collaborate deeply with the UAE’s ecosystem to attract and cultivate local talent and have
adopted an ambitious ‘Made-in-UAE’ plan whereby they are committed to keeping
development, manufacture, and support functions within the UAE, as they leverage the

country’s position as a global trading hub to reach markets across the world.

KERNO is using the NextGenFDI program to help accelerate the start of its operations in the
UAE with the company’s first phase of 5,000 sqm manufacturing facility (SMT & Assembly)

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