Driving Dubai Industrial Growth via Strategic Excellence

Other sectors are also being increasingly emphasized to advance the nation's decarbonization objectives following the 28th Conference of the Parties (COP28). Low-carbon technologies, such as solar PV manufacturing, are being actively pursued. 5 By targeting these sectors, the UAE intends to build a more varied and sustainable economy, lowering dependence on imported goods while also creating jobs for both nationals and homeowners.

ANSR July GCC PRs 50DR+

As one of the world's top 20 economies, the UAE has actually secured a leading position in foreign direct investment (FDI) inflows within the region. The World Investment Report 2024 by the United Nations Conference on Trade and Development reported that FDI streams into the UAE reached roughly US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, placing the UAE 2nd worldwide in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 brand-new business, marking its finest first quarter in over 20 years, with substantial registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's total number of business went beyond 24,000.8 Likewise, the Jebel Ali Free Zone supports almost 800 production companies with tailored infrastructure, excellent logistics, and over 100 tailored tasks.

ANSR July GCC PRs 50DR+

Leveraging GCC Research to Effectively Drive Strategic Growth

Its tactical place at the crossroads of Europe, Asia, and Africa, offers smooth connection to global markets, which enables efficient circulation of items to a broad variety of clients and end-users. Even more, the UAE's strong logistics and facilities, lack of trade sanctions, and a growing variety of open market contracts with structured, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an appealing area for developing manufacturing bases.