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Other sectors are likewise being increasingly emphasized to advance the nation's decarbonization objectives following the 28th Conference of the Parties (COP28). Low-carbon technologies, such as solar PV production, are being actively pursued. 5 By targeting these sectors, the UAE intends to build a more varied and sustainable economy, reducing reliance on imported items while also producing jobs for both nationals and citizens.
As one of the world's leading 20 economies, the UAE has actually protected a leading position in foreign direct financial investment (FDI) inflows within the area. The World Financial Investment Report 2024 by the United Nations Conference on Trade and Development reported that FDI streams into the UAE reached around US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, positioning the UAE 2nd internationally in FDI inflows.
In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 brand-new companies, marking its finest first quarter in over 20 years, with substantial registrations from China, India, the United Kingdom, Germany, and France. 7 By 2023, the DMCC's total variety of business surpassed 24,000.8 Similarly, the Jebel Ali Free Zone supports nearly 800 production companies with customized infrastructure, excellent logistics, and over 100 tailored projects.
How to Leverage Market Intelligence for 2026 GrowthIts strategic location at the crossroads of Europe, Asia, and Africa, offers seamless connectivity to global markets, which enables efficient distribution of items to a large range of clients and end-users. Even more, the UAE's strong logistics and facilities, absence of trade sanctions, and a growing variety of open market agreements with structured, 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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