Will Dubai Sustain Industrial Growth through 2026?

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

ANSR July GCC PRs 50DR+

As one of the world's leading 20 economies, the UAE has secured a leading position in foreign direct investment (FDI) inflows within the region. The World Investment Report 2024 by the United Nations Conference on Trade and Advancement 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 second internationally in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 brand-new business, marking its best very first quarter in over twenty years, with substantial 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 firms with tailored infrastructure, excellent logistics, and over 100 customized tasks.

ANSR July GCC PRs 50DR+

Driving Regional Industrial Expansion through Strategic Excellence

Its strategic location at the crossroads of Europe, Asia, and Africa, offers seamless connection to global markets, which enables effective circulation of products to a vast array of customers and end-users. Even more, the UAE's strong logistics and infrastructure, absence of trade sanctions, and a growing variety of complimentary trade arrangements with structured, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an appealing area for establishing production bases.