Key Benefits of Industrial Excellence for Dubai thumbnail

Key Benefits of Industrial Excellence for Dubai

Published Aug 23, 26
2 min read


Other sectors are likewise being significantly emphasized to advance the country's decarbonization objectives 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 aims to develop a more diversified and sustainable economy, lowering dependence on imported products while also developing jobs for both nationals and locals.

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As one of the world's top 20 economies, the UAE has protected 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 streams into the UAE reached around US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, placing the UAE 2nd globally in FDI inflows.

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In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 new business, marking its best very first quarter in over twenty years, with significant registrations from China, India, the United Kingdom, Germany, and France. 7 By 2023, the DMCC's total variety of business went beyond 24,000.8 Likewise, the Jebel Ali Free Zone supports almost 800 production companies with tailored infrastructure, excellent logistics, and over 100 tailored jobs.

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Its tactical area at the crossroads of Europe, Asia, and Africa, provides smooth connection to international markets, which allows effective distribution of products to a large variety of customers and end-users. Even more, the UAE's strong logistics and facilities, absence of trade sanctions, and a growing number of open market arrangements with structured, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an attractive place for developing production bases.

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