Page 330 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/24/25, 2:08 PM Welligence joins UAE’s NextGen FDI initiative | Business | emirates7
in 10 global cities.

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said Welligence’s

entry into the UAE demonstrates the country’s supportive ecosystem for high-tech
enterprises and its strong business-friendly environment.

He noted, “Welligence exemplifies the innovative businesses the NextGen FDI initiative

was designed to attract. Their use of AI and machine learning to enhance decision-
making will bolster the UAE’s energy and technology sectors. By establishing a

substantial presence, including research and tech teams, Welligence will further our

mission to build a knowledge-based economy.”

Ross Lubetkin, CEO of Welligence, called the launch of their UAE hub a pivotal step in
the company’s evolution. He praised the UAE for its leadership in global energy

innovation, particularly in advanced technologies and strategic investments.

“With our tech-driven vision for energy research, the UAE is the ideal partner. We’re

thrilled to shape our future here and deeply appreciate the Ministry of Economy’s
support,” he said.

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