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Other sectors are likewise being progressively emphasized to advance the country's decarbonization goals following the 28th Conference of the Parties (COP28). Low-carbon innovations, such as solar PV production, are being actively pursued. 5 By targeting these sectors, the UAE aims to construct a more varied and sustainable economy, lowering reliance on imported items while also creating jobs for both nationals and residents.
As one of the world's leading 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 streams into the UAE reached roughly US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, placing the UAE 2nd worldwide in FDI inflows.
A Comprehensive Guide to GCC Market Success in 2026In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 new companies, marking its best first quarter in over 20 years, with considerable registrations from China, India, the United Kingdom, Germany, and France. 7 By 2023, the DMCC's total number of companies surpassed 24,000.8 Similarly, the Jebel Ali Free Zone supports nearly 800 production companies with tailored facilities, excellent logistics, and over 100 personalized projects.
A Comprehensive Guide to GCC Market Success in 2026Its tactical location at the crossroads of Europe, Asia, and Africa, offers seamless connection to global markets, which allows efficient distribution of products to a wide variety of consumers and end-users. Further, the UAE's strong logistics and infrastructure, absence of trade sanctions, and a growing number of open market agreements with streamlined, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an attractive place for developing manufacturing bases.
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