Leveraging GCC Research to Drive Strategic Growth

Other sectors are likewise being significantly emphasized to advance the country's decarbonization goals following the 28th Conference of the Celebrations (COP28). Low-carbon innovations, such as solar PV manufacturing, are being actively pursued. 5 By targeting these sectors, the UAE intends to build a more diversified and sustainable economy, reducing reliance on imported items while also developing tasks for both nationals and citizens.

ANSR July GCC PRs 50DR+

As one of the world's top 20 economies, the UAE has actually protected a leading position in foreign direct investment (FDI) inflows within the region. The World Financial 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, putting the UAE 2nd internationally in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 brand-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 number of companies went beyond 24,000.8 Likewise, the Jebel Ali Free Zone supports almost 800 manufacturing firms with tailored infrastructure, excellent logistics, and over 100 tailored tasks.

ANSR July GCC PRs 50DR+

Unlocking Process Excellence in Dubai's Industrial Sector

Its strategic area at the crossroads of Europe, Asia, and Africa, provides smooth connection to worldwide markets, which enables efficient circulation of products to a large variety of consumers and end-users. Further, the UAE's strong logistics and infrastructure, lack of trade sanctions, and a growing variety of totally free trade agreements with streamlined, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an appealing area for establishing manufacturing bases.