Utilizing GCC Research to Effectively Drive Strategic Growth

Other sectors are likewise being progressively emphasized to advance the country's decarbonization goals following the 28th Conference of the Celebrations (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, minimizing dependence on imported products while also developing jobs for both nationals and homeowners.

ANSR July GCC PRs 50DR+

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

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 brand-new companies, marking its best first quarter in over 20 years, with significant registrations from China, India, the United Kingdom, Germany, and France. 7 By 2023, the DMCC's total number of companies went beyond 24,000.8 Similarly, the Jebel Ali Free Zone supports nearly 800 manufacturing firms with tailored facilities, exceptional logistics, and over 100 personalized jobs.

ANSR July GCC PRs 50DR+

Unlocking Process Excellence in Dubai's Industrial Landscape

Its strategic area at the crossroads of Europe, Asia, and Africa, offers seamless connection to international markets, which makes it possible for efficient distribution of products to a wide range of customers and end-users. Even more, the UAE's strong logistics and infrastructure, lack of trade sanctions, and a growing variety of totally free trade contracts with streamlined, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an attractive place for developing production bases.