Comparing Industrial Strategy Models within the GCC

Other sectors are also being increasingly highlighted to advance the country's decarbonization objectives following the 28th Conference of the Parties (COP28). Low-carbon innovations, such as solar PV manufacturing, are being actively pursued. 5 By targeting these sectors, the UAE intends to construct a more varied and sustainable economy, lowering reliance on imported products while also developing jobs for both nationals and locals.

ANSR July GCC PRs 50DR+

As one of the world's leading 20 economies, the UAE has protected a leading position in foreign direct financial investment (FDI) inflows within the region. The World Investment Report 2024 by the United Nations Conference on Trade and Advancement reported that FDI streams into the UAE reached approximately US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, positioning the UAE second worldwide in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 new business, marking its finest very first quarter in over 20 years, with significant registrations from China, India, the United Kingdom, Germany, and France. 7 By 2023, the DMCC's overall variety of companies exceeded 24,000.8 Similarly, the Jebel Ali Free Zone supports nearly 800 production firms with customized infrastructure, exceptional logistics, and over 100 personalized jobs.

ANSR July GCC PRs 50DR+

How to Implement Future Strategies in 2026

Its strategic place at the crossroads of Europe, Asia, and Africa, uses seamless connectivity to international markets, which allows efficient circulation of items to a wide variety of clients and end-users. Further, the UAE's strong logistics and infrastructure, lack of trade sanctions, and a growing number of open market arrangements with structured, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an attractive area for developing production bases.