Dozens of tech firms to announce UAE move by end of year, minister says – The National

Dozens of tech firms to announce UAE move by end of year, minister says – The National

Dozens of international companies are primed to set up home in the UAE amid a major drive to cement the country's status as a global tech hub.

Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, said he was hopeful that close to 40 firms would announce their relocation to the Emirates before the end of the year.

The ambitious efforts to broaden business horizons is part of the NextGenFDI initiative, which aims to attract advanced technology companies from all over the world with a series of incentives.