Officials from UAE Ministry and Creative Zone | Image Courtesy: WAM
UAE’s Ministry of Economy has announced that Creative Zone, one of the Emirates’ largest consulting and business establishment companies, has joined the NextGenFDI initiative by signing a memorandum of understanding (MoU).
The NextGenFDI program, which was launched in July 2022, aims to attract digitally-advanced companies into the UAE market and develop the next generation of technology-based companies.
The MoU will help broaden the scope of the initiative, which strengthens and accelerates the UAE’s efforts to create an advanced global business environment for the technology sector. Furthermore, it underscores the program’s capability of supporting innovative startups in priority industries.
Creative Zone will support the goals of the NextGenFDI initiative by providing investors and entrepreneurs with innovative solutions that will contribute to their growth in the UAE.
Dr. Thani bin Ahamed Al-Zeyoudi UAE Minister of State for Foreign Trade
“The UAE places a high value on entrepreneurship and acknowledges it as a key engine for innovation and creativity, given its potential to sustainably support the country’s economic growth. Additionally, it is consistent with the directions of the wise leadership and objectives of the ‘Fifty Years’ goals and the UAE Centennial Plan 2071. The agreement further confirms the UAE’s intentions to assist and promote emerging businesses and their growth. Through the initiative, Creative Zone will support these objectives by attracting new startups to the UAE and offering a range of business support services, while also boosting their capacity to grow, develop, and support the country’s digital business environment.”
Creative Zone will advance the objectives of the NextGenFDI initiative by providing potential investors and high-potential entrepreneurs with a range of market-leading business launch solutions to ensure their flexible relocation to the UAE.
Mr. Lorenzo Jooris, CEO of Creative Zone, said that, “We are pleased to contribute to the NextGenFDI initiative, which aims to strengthen the UAE’s position as a global hub for best emerging digital businesses and leading unicorn companies.”
“Digital technologies are rapidly changing how companies interact with their customers. At Creative Zone, we are committed to providing innovative, agile, and flexible business establishment solutions that will help companies maximize their potential and propel them to success in the UAE,” Mr. Jooris added.
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