Incentives offered to attract international companies in FDI drive

A new initiative has been launched to attract hundreds of international technology companies to the UAE and boost foreign direct investment.

According to Dr Thani Al Zeyoudi, the UAE's Minister of Foreign Trade, NextGenFDI will target 300 digital firms and make it easier than ever to enter the UAE by offering a host of benefits.

These include a faster business setup, easy banking facilities, a rapid visa process and attractive rates on commercial and residential leases. 

Today, we announced #NextGenFDI – a new campaign to attract fast-growing digital companies and their sharpest minds to our country. 🚀 With seven major stakeholders signed-up to speed the process of market entry, this new initiative is business-friendly to the core pic.twitter.com/4QUynPnElq

— د. ثاني أحمد الزيودي (@ThaniAlZeyoudi) July 6, 2022