Leveraging GCC Research to Effectively Drive Strategic Growth

Other sectors are also being progressively emphasized to advance the nation'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 develop a more varied and sustainable economy, lowering dependence on imported items while also producing jobs for both nationals and citizens.

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 region. The World Financial Investment Report 2024 by the United Nations Conference on Trade and Advancement reported that FDI flows into the UAE reached roughly 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) welcomed 665 new business, marking its finest first quarter in over twenty years, with significant registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's overall variety of companies went beyond 24,000.8 Similarly, the Jebel Ali Free Zone supports almost 800 production companies with tailored facilities, exceptional logistics, and over 100 personalized tasks.

ANSR July GCC PRs 50DR+

Achieving Process Excellence in Dubai's Industrial Landscape

Its tactical location at the crossroads of Europe, Asia, and Africa, provides smooth connection to international markets, which makes it possible for efficient distribution of products to a wide variety of customers and end-users. Further, the UAE's strong logistics and facilities, 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 appealing place for establishing manufacturing bases.