Leveraging GCC Research to Drive Strategic Growth

Other sectors are also being increasingly highlighted to advance the country's decarbonization objectives 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 intends to build a more varied and sustainable economy, minimizing reliance on imported products while also developing tasks for both nationals and homeowners.

ANSR July GCC PRs 50DR+

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 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, placing the UAE second worldwide in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 new business, marking its finest very 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 business surpassed 24,000.8 Similarly, the Jebel Ali Free Zone supports nearly 800 manufacturing companies with tailored facilities, excellent logistics, and over 100 personalized projects.

ANSR July GCC PRs 50DR+

Utilizing GCC Research to Drive Operational Growth

Its tactical area at the crossroads of Europe, Asia, and Africa, offers smooth connectivity to international markets, which makes it possible for effective distribution of products to a wide variety of clients and end-users. Even more, the UAE's strong logistics and facilities, lack 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 appealing area for establishing production bases.