Unlocking Process Excellence in the Industrial Landscape

Other sectors are likewise being significantly stressed to advance the nation's decarbonization objectives following the 28th Conference of the Parties (COP28). Low-carbon innovations, such as solar PV manufacturing, are being actively pursued. 5 By targeting these sectors, the UAE aims to develop a more varied and sustainable economy, lowering reliance on imported items while also creating jobs for both nationals and citizens.

ANSR July GCC PRs 50DR+

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

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 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 total number of business exceeded 24,000.8 Likewise, the Jebel Ali Free Zone supports nearly 800 production companies with tailored facilities, excellent logistics, and over 100 tailored projects.

ANSR July GCC PRs 50DR+

The Benefits of Industrial Growth for the GCC

Its strategic place at the crossroads of Europe, Asia, and Africa, uses seamless connection to international markets, which enables effective circulation of products to a large range of customers and end-users. Even more, the UAE's strong logistics and infrastructure, absence of trade sanctions, and a growing number of open market contracts with streamlined, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an attractive location for developing manufacturing bases.