Will the GCC Sustain Industrial Growth through 2026?

Other sectors are also being progressively stressed to advance the country's decarbonization goals following the 28th Conference of the Celebrations (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, reducing reliance on imported products while likewise developing jobs for both nationals and residents.

ANSR July GCC PRs 50DR+

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 Advancement 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 globally in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 new business, marking its finest first quarter in over 20 years, with significant registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's overall variety of companies went beyond 24,000.8 Similarly, the Jebel Ali Free Zone supports nearly 800 production companies with tailored infrastructure, excellent logistics, and over 100 tailored projects.

ANSR July GCC PRs 50DR+

Evaluating Corporate Strategy Frameworks across the GCC

Its strategic location at the crossroads of Europe, Asia, and Africa, provides smooth connection to global markets, which enables efficient distribution of products to a large range of customers and end-users. Further, the UAE's strong logistics and facilities, 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 location for developing production bases.