emirates7 - The Ministry of Economy has announced that DoxAI, an artificial intelligence solutions provider specializing in streamlining business processes and reducing operational complexities, has joined its NextGen FDI initiative.
This initiative, aimed at attracting high-growth advanced technology firms to the UAE, will assist DoxAI in establishing its regional headquarters in Dubai and expanding its operations to cater to both regional and global markets.
DoxAI leverages AI and machine learning to optimize document processing, automate data extraction, and improve identity verification, providing businesses with real-time, actionable insights. By minimizing human intervention and seamlessly integrating with existing business infrastructures, the company enables organizations to enhance efficiency, lower costs, and concentrate on strategic growth initiatives.
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, welcomed DoxAI, stating, "We are pleased to have DoxAI join the NextGen FDI initiative. Their expertise in AI-powered automation will significantly contribute to the UAE’s digital transformation and further enhance our advanced technology landscape."
He further emphasized that this partnership aligns with the UAE’s vision of fostering a knowledge-based economy and reaffirms the nation’s commitment to establishing itself as a global hub for innovation and entrepreneurship.
DoxAI’s regional headquarters will be located in Dubai’s iconic Rolex Tower, with an initial deployment of 15 units sourced from Australia and India.
The company also plans to expand its footprint in the UAE by forging strategic partnerships with local universities, including the University of Wollongong, and implementing a talent recruitment strategy for the 2025-2026 period.
Giuseppe Porcelli, Founder and Chairman of DoxAI, remarked, "The UAE offers an exceptional environment for technology-driven businesses, with world-class infrastructure, a business-friendly ecosystem, and access to a thriving technology sector. Joining the NextGen FDI programme marks a transformative step for DoxAI."
He added that the UAE’s progressive approach to AI and innovation provides an ideal platform for scaling its technology, forming new partnerships, and contributing to the region’s digital transformation.
The UAE’s commitment to artificial intelligence aligns with its broader goals of strengthening digital infrastructure, developing smart industries, and attracting leading technology firms. Through public-private collaborations and support for businesses like DoxAI, the country is reinforcing its leadership in emerging technologies that drive economic growth and diversification.
Introduced in 2022, the NextGen FDI initiative was designed to attract high-potential, fast-growing technology companies to the UAE.
This initiative, aimed at attracting high-growth advanced technology firms to the UAE, will assist DoxAI in establishing its regional headquarters in Dubai and expanding its operations to cater to both regional and global markets.
DoxAI leverages AI and machine learning to optimize document processing, automate data extraction, and improve identity verification, providing businesses with real-time, actionable insights. By minimizing human intervention and seamlessly integrating with existing business infrastructures, the company enables organizations to enhance efficiency, lower costs, and concentrate on strategic growth initiatives.
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, welcomed DoxAI, stating, "We are pleased to have DoxAI join the NextGen FDI initiative. Their expertise in AI-powered automation will significantly contribute to the UAE’s digital transformation and further enhance our advanced technology landscape."
He further emphasized that this partnership aligns with the UAE’s vision of fostering a knowledge-based economy and reaffirms the nation’s commitment to establishing itself as a global hub for innovation and entrepreneurship.
DoxAI’s regional headquarters will be located in Dubai’s iconic Rolex Tower, with an initial deployment of 15 units sourced from Australia and India.
The company also plans to expand its footprint in the UAE by forging strategic partnerships with local universities, including the University of Wollongong, and implementing a talent recruitment strategy for the 2025-2026 period.
Giuseppe Porcelli, Founder and Chairman of DoxAI, remarked, "The UAE offers an exceptional environment for technology-driven businesses, with world-class infrastructure, a business-friendly ecosystem, and access to a thriving technology sector. Joining the NextGen FDI programme marks a transformative step for DoxAI."
He added that the UAE’s progressive approach to AI and innovation provides an ideal platform for scaling its technology, forming new partnerships, and contributing to the region’s digital transformation.
The UAE’s commitment to artificial intelligence aligns with its broader goals of strengthening digital infrastructure, developing smart industries, and attracting leading technology firms. Through public-private collaborations and support for businesses like DoxAI, the country is reinforcing its leadership in emerging technologies that drive economic growth and diversification.
Introduced in 2022, the NextGen FDI initiative was designed to attract high-potential, fast-growing technology companies to the UAE.