Unlocking Process Excellence in the Industrial Sector

Other sectors are also being progressively emphasized to advance the country's decarbonization objectives following the 28th Conference of the Parties (COP28). Low-carbon technologies, such as solar PV production, are being actively pursued. 5 By targeting these sectors, the UAE intends to develop a more diversified and sustainable economy, reducing dependence on imported goods while likewise producing jobs for both nationals and homeowners.

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 region. The World Investment Report 2024 by the United Nations Conference on Trade and Development reported that FDI flows into the UAE reached roughly US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, putting the UAE second globally in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 new companies, marking its finest first quarter in over 20 years, with considerable registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's total variety of companies surpassed 24,000.8 Likewise, the Jebel Ali Free Zone supports almost 800 manufacturing companies with customized infrastructure, outstanding logistics, and over 100 personalized jobs.

ANSR July GCC PRs 50DR+

Evaluating Industrial Strategy Frameworks within the GCC

Its strategic location at the crossroads of Europe, Asia, and Africa, offers seamless connectivity to international markets, which allows effective distribution of products to a large variety of consumers and end-users. Even more, 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 attractive area for establishing production bases.