Leveraging GCC Research to Drive Strategic Growth

Other sectors are also being progressively highlighted to advance the nation's decarbonization goals following the 28th Conference of the Celebrations (COP28). Low-carbon technologies, such as solar PV production, are being actively pursued. 5 By targeting these sectors, the UAE intends to construct a more varied and sustainable economy, lowering dependence on imported products while likewise developing jobs for both nationals and homeowners.

ANSR July GCC PRs 50DR+

As one of the world's leading 20 economies, the UAE has secured a leading position in foreign direct financial investment (FDI) inflows within the region. 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, placing the UAE second worldwide in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 brand-new companies, marking its finest first quarter in over twenty years, with significant registrations from China, India, the United Kingdom, Germany, and France. 7 By 2023, the DMCC's total variety of business exceeded 24,000.8 Likewise, the Jebel Ali Free Zone supports almost 800 production companies with customized facilities, outstanding logistics, and over 100 customized jobs.

ANSR July GCC PRs 50DR+

Why Future-Focused Strategy Reshapes the GCC Economy

Its tactical place at the crossroads of Europe, Asia, and Africa, provides smooth connection to global markets, which enables efficient circulation of products to a vast array of customers and end-users. Further, 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 location for establishing manufacturing bases.