Achieving Operational Excellence in Dubai's Industrial Sector

Other sectors are also being increasingly highlighted to advance the country's decarbonization goals following the 28th Conference of the Parties (COP28). Low-carbon technologies, such as solar PV manufacturing, are being actively pursued. 5 By targeting these sectors, the UAE intends to develop a more diversified and sustainable economy, lowering dependence on imported goods while also developing jobs for both nationals and citizens.

ANSR July GCC PRs 50DR+

As one of the world's top 20 economies, the UAE has actually protected 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 Advancement reported that FDI streams into the UAE reached approximately US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, placing the UAE second internationally in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 brand-new companies, marking its best very first quarter in over twenty years, with significant 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 manufacturing firms with customized facilities, outstanding logistics, and over 100 customized jobs.

ANSR July GCC PRs 50DR+

Evaluating Industrial Strategy Models across the GCC

Its tactical location at the crossroads of Europe, Asia, and Africa, provides seamless connectivity to global markets, which makes it possible for effective distribution of items to a wide variety of consumers and end-users. Even more, the UAE's strong logistics and infrastructure, lack of trade sanctions, and a growing variety of open market contracts with structured, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an attractive area for developing production bases.