A new initiative has been launched to attract hundreds of international technology companies to the UAE and boost foreign direct investment.
According to Dr Thani Al Zeyoudi, the UAE's Minister of Foreign Trade, NextGenFDI will target 300 digital firms and make it easier than ever to enter the UAE by offering a host of benefits.
These include a faster business setup, easy banking facilities, a rapid visa process and attractive rates on commercial and residential leases.
Today, we announced #NextGenFDI – a new campaign to attract fast-growing digital companies and their sharpest minds to our country. 🚀 With seven major stakeholders signed-up to speed the process of market entry, this new initiative is business-friendly to the core pic.twitter.com/4QUynPnElq
— د. ثاني أحمد الزيودي (@ThaniAlZeyoudi) July 6, 2022
Abu Dhabi aims for 80% local materials in housing projects
UAE Central Bank support package reaches AED 6.2 billion
Dubai Holding picks 15 scale-ups from 1,400+ applicants for sustainability challenge
ADNOC backs UAE's AED1 billion National Industrial Resilience Fund
Trump sets deadline for EU to comply with trade deal or face 'much higher' tariffs
