Ministry of Economy announces Creative Zone’s inclusion in NextGenFDI initiative with Foreign direct investments

Ministry of Economy announces Creative Zone’s inclusion in NextGenFDI initiative with Foreign direct investments

ABU DHABI, 26th December, 2022 (WAM) -- The Ministry of Economy has announced that Creative Zone, one of the UAE's largest consulting and business establishment companies, has joined the NextGenFDI initiative through foreign direct investments which launched in July 2022, with the aim of attracting digitally advanced companies to enter the UAE market, and developing the next generation of startups in the field of technology, according to a Memorandum of Understanding (MoU) signed between the two sides.

The NextGenFDI programme, which was launched in July 2022, aims to attract digitally-advanced companies into the UAE market and develop the next generation of technology-based companies.

Creative Zone will support the goals of the NextGenFDI initiative by providing investors and entrepreneurs with innovative solutions that will contribute to their growth in the UAE.

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said: “The UAE places a high value on entrepreneurship and acknowledges it as a key engine for innovation and creativity, given its potential to sustainably support the country's economic growth. Additionally, it is consistent with the directions of the wise leadership and objectives of the ‘Fifty Years’ goals and the UAE Centennial Plan 2071.”

“The agreement further confirms the UAE's intentions to