Key Benefits of Strategic Excellence for the GCC

Other sectors are also being increasingly highlighted to advance the nation's decarbonization goals 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 develop a more varied and sustainable economy, decreasing reliance on imported products while likewise developing tasks for both nationals and citizens.

ANSR July GCC PRs 50DR+

As one of the world's top 20 economies, the UAE has protected 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, positioning the UAE second internationally in FDI inflows.

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

ANSR July GCC PRs 50DR+

Key Benefits of Industrial Growth for Dubai

Its tactical location at the crossroads of Europe, Asia, and Africa, uses seamless connectivity to global markets, which enables effective distribution of products to a large variety of customers and end-users. Even more, the UAE's strong logistics and infrastructure, absence of trade sanctions, and a growing number of free trade agreements with streamlined, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an attractive place for establishing production bases.