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Will Dubai Sustain Industrial Growth during 2026?

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Other sectors are likewise being increasingly emphasized to advance the nation's decarbonization goals following the 28th Conference of the Celebrations (COP28). Low-carbon innovations, such as solar PV manufacturing, are being actively pursued. 5 By targeting these sectors, the UAE intends to construct a more diversified and sustainable economy, reducing reliance on imported items while also creating jobs for both nationals and locals.

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As one of the world's leading 20 economies, the UAE has actually secured 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 streams into the UAE reached roughly US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, putting the UAE 2nd worldwide in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 new business, 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 overall number of business surpassed 24,000.8 Likewise, the Jebel Ali Free Zone supports almost 800 production firms with customized facilities, outstanding logistics, and over 100 customized jobs.

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Driving Regional Industrial Growth through Strategic Excellence

Its strategic location at the crossroads of Europe, Asia, and Africa, uses seamless connection to global markets, which makes it possible for effective circulation of products to a wide range of consumers and end-users. Further, the UAE's strong logistics and facilities, 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 place for establishing manufacturing bases.

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