Olivier Blum, CEO of Schneider Electric, highlighted the importance of digitalisation and electrification in driving sustainable development. "Our partnership will accelerate the UAE's energy transition and strengthen its position as a global hub for innovation," he said. Launched in 2022, the NextGen FDI initiative is a cornerstone of the UAE's economic diversification strategy, already attracting over 20 companies in AI, renewable energy, robotics, and advanced manufacturing. The alliance with Schneider Electric marks another step in fostering a knowledge-based, sustainable economy in the region. News Source: Emirates News Agency