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Other sectors are likewise being progressively stressed to advance the country's decarbonization objectives 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 aims to construct a more varied and sustainable economy, decreasing reliance on imported products while likewise developing jobs for both nationals and citizens.

As one of the world's leading 20 economies, the UAE has 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 Development reported that FDI streams into the UAE reached approximately 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 best very first quarter in over twenty years, with substantial registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's overall number of business surpassed 24,000.8 Likewise, the Jebel Ali Free Zone supports nearly 800 manufacturing firms with tailored infrastructure, outstanding logistics, and over 100 tailored jobs.
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Its strategic location at the crossroads of Europe, Asia, and Africa, offers smooth connectivity to global markets, which makes it possible for effective distribution of items to a large range of clients and end-users. Further, the UAE's strong logistics and infrastructure, 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 appealing area for establishing manufacturing bases.
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