Sharjah, Ras Al Khaimah, Citizens School and G42 Cloud join MoE’s NextGenFDI program to attract global digitally enabled companies
The Ministry of Economy has announced the addition of more stakeholders to its NextGenFDI Program, the landmark initiative designed to attract digitally enabled companies to the UAE. Launched in July, the program aims to target businesses from all over the world with a package of market entry fundamentals required to launch and scale from within the UAE, including rapid and flexible incorporation processes, fast-track licensing, bulk visa issuances, banking facilitation and commercial and residential lease incentives. The program has been devised to accelerate the UAE’s economic diversification agenda and elevating its status as a knowledge- and innovation-based economy. Dr.