Achieving Operational Excellence in the Industrial Sector

Other sectors are also being progressively stressed to advance the country's decarbonization goals following the 28th Conference of the Celebrations (COP28). Low-carbon technologies, such as solar PV production, are being actively pursued. 5 By targeting these sectors, the UAE aims to develop a more diversified and sustainable economy, minimizing reliance on imported products while also creating jobs for both nationals and locals.

ANSR July GCC PRs 50DR+

As one of the world's leading 20 economies, the UAE has secured a leading position in foreign direct financial investment (FDI) inflows within the area. 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, placing the UAE 2nd worldwide in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 brand-new business, marking its best first quarter in over 20 years, with considerable registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's total variety of companies exceeded 24,000.8 Similarly, the Jebel Ali Free Zone supports almost 800 production companies with customized infrastructure, exceptional logistics, and over 100 customized jobs.

ANSR July GCC PRs 50DR+

Unlocking Operational Excellence in the Industrial Sector

Its strategic location at the crossroads of Europe, Asia, and Africa, offers smooth connection to international markets, which enables efficient circulation of items to a vast array of customers and end-users. Even more, the UAE's strong logistics and facilities, absence of trade sanctions, and a growing variety of open market agreements with structured, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an attractive area for establishing production bases.