Exiger has joined the United Arab Emirates’ NextGen Foreign Direct Investment initiative and is setting up a regional headquarters in Abu Dhabi.
The NextGen FDI initiative is part of the UAE’s broader strategy to attract companies in sectors such as artificial intelligence, smart mobility, digital infrastructure and manufacturing. Exiger joins over 100 companies participating in the initiative, which supports the country’s goal to diversify its economy and become a global hub for innovation.
The tech firm said it is investing millions of dollars in technology and infrastructure and employing over 100 AI experts and technologists for its regional expansion.
“Exiger is honored to join the UAE’s NextGenFDI program, bringing our AI-powered supply chain solutions to their ambitious vision for resilient, adaptive and transparent trade networks,” said Exiger CEO Brandon Daniels. “Our technology, designed to illuminate complex supply chains, reveal optimization opportunities and mitigate risks, will empower companies across the UAE to strengthen their position as a global hub for secure and efficient commerce.”
Founded in 2013, Exiger provides AI-powered software and services to help companies and governments manage third-party risks, monitor supply chains and meet compliance standards. The McLean, Virginia-based firm said its inclusion in the initiative is expected to enhance the UAE’s technological expertise in supply chain compliance and transparency.
Last month, Exiger secured a 10-year, $919 million blanket purchase agreement with the U.S. General Services Administration to provide supply chain risk illumination tools and services across the U.S. government, including the Department of Defense.
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