Page 322 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

Welligence to partner with UAE’s NextGen FDI

Initiative to provide cutting-edge data to energy

sector

(Supplied)

23 Apr 2025 17:48

ABU DHABI (ALETIHAD)

The UAE Ministry of Economy has announced that Welligence, a US-based data analytics provider
for the energy sector, has joined its NextGen FDI initiative in a move that will strengthen its
presence in the region.

Welligence will now establish an office in Abu Dhabi for its sales, research, and consulting teams.
The US-based software company will also examine the potential to build out a tech team in the
UAE, underlining the NextGen FDI initiative’s role in supporting the development of future-focused
industries.

Founded in 2017, Welligence aims to provide innovative solutions accelerated by AI, by efficiently
screening and identifying opportunities, benchmarking competitors’ portfolios, evaluating

https://en.aletihad.ae/news/business/4568883/welligence-to-partner-with-uae-s-nextgen-fdi-
initiative-to-p