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Other sectors are also being progressively emphasized to advance the country's decarbonization goals following the 28th Conference of the Celebrations (COP28). Low-carbon technologies, such as solar PV manufacturing, are being actively pursued. 5 By targeting these sectors, the UAE aims to build a more varied and sustainable economy, minimizing reliance on imported items while likewise producing tasks for both nationals and citizens.

As one of the world's top 20 economies, the UAE has secured a leading position in foreign direct investment (FDI) inflows within the area. The World Investment Report 2024 by the United Nations Conference on Trade and Development 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 2nd worldwide in FDI inflows.
In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 brand-new business, marking its best very first quarter in over 20 years, with considerable registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's overall variety of business went beyond 24,000.8 Similarly, the Jebel Ali Free Zone supports almost 800 production companies with tailored infrastructure, outstanding logistics, and over 100 personalized tasks.
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Its strategic location at the crossroads of Europe, Asia, and Africa, provides seamless connection to global markets, which allows effective circulation of items to a large range of customers and end-users. Further, the UAE's strong logistics and facilities, absence of trade sanctions, and a growing variety of free trade arrangements with structured, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an appealing location for establishing manufacturing bases.
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