Key Benefits of Industrial Excellence for the GCC

Other sectors are also being increasingly emphasized to advance the country's decarbonization goals following the 28th Conference of the Celebrations (COP28). Low-carbon innovations, such as solar PV production, are being actively pursued. 5 By targeting these sectors, the UAE intends to develop a more varied and sustainable economy, decreasing reliance on imported items while likewise developing tasks for both nationals and locals.

ANSR July GCC PRs 50DR+

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

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

ANSR July GCC PRs 50DR+

Can Dubai Lead Industrial Growth through 2026?

Its strategic location at the crossroads of Europe, Asia, and Africa, uses smooth connectivity to worldwide markets, which enables effective distribution of products to a broad variety of customers and end-users. Further, the UAE's strong logistics and facilities, absence of trade sanctions, and a growing number of open market arrangements with streamlined, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an appealing area for developing manufacturing bases.