Leveraging Market Research to Effectively Drive Strategic Growth

Other sectors are also being increasingly emphasized to advance the nation's decarbonization goals following the 28th Conference of the Parties (COP28). Low-carbon innovations, such as solar PV manufacturing, are being actively pursued. 5 By targeting these sectors, the UAE aims to construct a more diversified and sustainable economy, lowering reliance on imported goods while likewise developing tasks for both nationals and citizens.

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 financial investment (FDI) inflows within the area. The World Investment Report 2024 by the United Nations Conference on Trade and Advancement reported that FDI streams into the UAE reached around US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, putting the UAE second internationally in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 new business, marking its finest first quarter in over twenty years, with considerable registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's total number of business went beyond 24,000.8 Similarly, the Jebel Ali Free Zone supports almost 800 manufacturing companies with customized facilities, outstanding logistics, and over 100 tailored projects.

ANSR July GCC PRs 50DR+

Leveraging Market Research to Drive Strategic Growth

Its tactical location at the crossroads of Europe, Asia, and Africa, uses seamless connectivity to international markets, which enables effective circulation of items to a large range of consumers and end-users. Even more, 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 location for establishing manufacturing bases.