The UAE has launched a new initiative to boost its foreign direct investments – starting with attracting 300 digital companies to set up in the country within the next six months to a year.
The incentives include faster business set-up process, streamlined visa applications, and better access to financial products and services, UAE Minister of State for Foreign Trade Thani Al Zeyoudi said at a press conference in Dubai on Thursday.
The UAE minister announced the NextGenFDI as part of the country’s wider campaign to position itself as a global hub for businesses.
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