DoxAI, a leading AI focused company that streamlines business processes and reduces operational complexities, has joined the UAE Minister of Economy’s NextGen FDI initiative.
NextGen FDI initiative, launched in 2022, is an initiative that aims to attract high-growth and high-potential advanced technology companies to the UAE.
The program will support DoxAI in setting up its regional headquarters in Dubai and scaling its operations to serve both regional and global markets.
DoxAI integrates AI and machine learning to simplify document processing, automate data extraction, and enhance identity verification, delivering real-time, actionable insights for businesses to drive growth. By minimizing the need for human intervention and integrating effortlessly with existing business systems, DoxAI is committed to helping organizations enhance their operations, minimize costs, and focus on strategic initiatives for growth.
Initially, the company’s regional HQ will be based in Dubai’s iconic Rolex Tower, with plans to deploy its first 15 units from Australia and India.
DoxAI also seeks to establish a robust presence in the UAE through strategic partnerships with local universities, such as the University of Wollongong, and developing a talent recruitment plan for the 2025-2026 period.
Giuseppe Porcelli Founder and Chairman – DoxAI
“The UAE is a dynamic and forward-thinking market, offering unparalleled infrastructure, a business-friendly environment, and access to a vibrant technology ecosystem. Joining the NextGen FDI program is a game-changer for DoxAI. The UAE’s visionary approach to AI and innovation provides the perfect environment for us to scale our technology, forge new partnerships, and contribute to the region’s digital transformation.”
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, commented that, “We are delighted to welcome DoxAI to the NextGen FDI initiative. Their expertise in AI-driven automation will play a vital role in supporting the UAE’s digital transformation journey and further strengthening our advanced technology ecosystem.”
Al Zeyoudi also added that this collaboration falls in line with the country’s vision to foster a knowledge-based economy and reaffirms the commitment to cementing the UAE’s position as a global hub for innovation and entrepreneurship.
The UAE’s focus on artificial intelligence is part of its broader strategy to elevate its digital infrastructure, develop smart industries, and attract advanced technology companies. By fostering public-private partnerships and supporting businesses like DoxAI, the UAE is bolstering its leadership in emerging technologies to drive economic growth and diversification.
