Evaluating Industrial Strategy Frameworks within the GCC

Other sectors are also being increasingly highlighted to advance the nation's decarbonization objectives 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 build a more diversified and sustainable economy, decreasing reliance on imported items while also creating jobs for both nationals and residents.

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 financial investment (FDI) inflows within the region. The World Investment Report 2024 by the United Nations Conference on Trade and Development reported that FDI flows into the UAE reached around US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, placing the UAE 2nd worldwide in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 brand-new business, marking its best first quarter in over 20 years, with substantial registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's overall variety of companies exceeded 24,000.8 Similarly, the Jebel Ali Free Zone supports nearly 800 manufacturing companies with tailored infrastructure, exceptional logistics, and over 100 personalized jobs.

ANSR July GCC PRs 50DR+

How Future-Focused Strategy Reshapes the 2026 GCC Economy

Its strategic place at the crossroads of Europe, Asia, and Africa, provides smooth connection to international markets, which makes it possible for effective circulation of items to a vast array of customers and end-users. Further, the UAE's strong logistics and infrastructure, absence of trade sanctions, and a growing variety of open market contracts with structured, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an appealing place for developing production bases.