The Ministry of Economic system has introduced that DoxAI, a supplier of AI options designed to simplify enterprise processes and scale back operational complexities, has joined its NextGen FDI initiative.
The programme, which seeks to draw high-growth superior expertise corporations to the UAE, will help DoxAI in establishing its regional headquarters in Dubai and scaling its operations to serve regional and international markets.
DoxAI applies AI and machine studying to streamline doc processing, automate knowledge extraction, and improve id verification, delivering real-time, actionable insights for companies.
By lowering the necessity for human intervention and integrating seamlessly with present enterprise programs, DoxAI allows organisations to optimise their operations, scale back prices, and deal with strategic initiatives that drive development.
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for International Commerce, mentioned, “We’re delighted to welcome DoxAI to the NextGen FDI initiative. Their experience in AI-driven automation will play a significant function in supporting the UAE’s digital transformation journey and additional strengthening our superior expertise ecosystem.
He added that this collaboration aligns with the nation’s imaginative and prescient to foster a knowledge-based economic system and reaffirms the dedication to positioning the UAE as a worldwide hub for innovation and entrepreneurship.
The corporate’s regional headquarters will initially be primarily based in Dubai’s iconic Rolex Tower, with plans to deploy its first 15 models from Australia and India.
DoxAI additionally goals to broaden its presence within the UAE by forming strategic partnerships with native universities, such because the College of Wollongong, and growing a expertise recruitment plan for the 2025-2026 interval.
Giuseppe Porcelli, Founder and Chairman of DoxAI, acknowledged, “The UAE is a dynamic and forward-thinking market, providing unparalleled infrastructure, a business-friendly setting, and entry to a vibrant expertise ecosystem. Becoming a member of the NextGen FDI programme is a game-changer for DoxAI.
“The UAE’s visionary method to AI and innovation gives the right setting for us to scale our expertise, forge new partnerships, and contribute to the area’s digital transformation.”
The UAE’s deal with synthetic intelligence aligns with its broader ambitions to boost digital infrastructure, create good industries, and appeal to cutting-edge expertise corporations. By fostering public-private partnerships and supporting companies like DoxAI, the UAE is strengthening its management in rising applied sciences that drive financial development and diversification.
Launched in 2022, the NextGen FDI initiative is designed to draw high-growth and high-potential superior expertise corporations to the UAE.
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