UAE rolls out incentives to attract 300 digital companies in new FDI programme – Arabian Business

UAE rolls out incentives to attract 300 digital companies in new FDI programme – Arabian Business

The UAE has launched a new initiative to boost its foreign direct investments – starting with attracting 300 digital companies to set up in the country within the next six months to a year.

The incentives include faster business set-up process, streamlined visa applications, and better access to financial products and services, UAE Minister of State for Foreign Trade Thani Al Zeyoudi said at a press conference in Dubai on Thursday.

The UAE minister announced the NextGenFDI as part of the country’s wider campaign to position itself as a global hub for businesses.