Leveraging GCC Research to Effectively Drive Strategic Growth

Other sectors are also being increasingly emphasized to advance the nation's decarbonization objectives following the 28th Conference of the Celebrations (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, minimizing dependence on imported items while also creating tasks 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 Advancement 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 globally in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 brand-new companies, marking its finest very first quarter in over 20 years, with substantial registrations from China, India, the United Kingdom, Germany, and France. 7 By 2023, the DMCC's overall variety of business went beyond 24,000.8 Likewise, the Jebel Ali Free Zone supports nearly 800 production companies with tailored infrastructure, excellent logistics, and over 100 personalized tasks.

ANSR July GCC PRs 50DR+

Leveraging GCC Research to Drive Operational Growth

Its strategic area at the crossroads of Europe, Asia, and Africa, provides smooth connection to global markets, which enables efficient circulation of items to a vast array of consumers and end-users. Even more, the UAE's strong logistics and facilities, lack of trade sanctions, and a growing variety 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 production bases.