UAE’s Creative Zone joins Ministry of Economy’s NextGenFDI initiative

  • Date: 27-Dec-2022
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
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UAE’s Creative Zone joins Ministry of Economy’s NextGenFDI initiative

UAE’s Ministry of Economy has announced that Creative Zone, one of the Emirates’ largest consulting and business establishment companies, has joined the NextGenFDI initiative by signing a memorandum of understanding (MoU).

The NextGenFDI program, 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.

The MoU will help broaden the scope of the initiative, which strengthens and accelerates the UAE’s efforts to create an advanced global business environment for the technology sector. Furthermore, it underscores the program’s capability of supporting innovative startups in priority industries.

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 Ahamed Al-Zeyoudi

UAE Minister of State for Foreign Trade “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 assist and promote emerging businesses and their