Will the GCC Sustain Industrial Growth during 2026?

Other sectors are likewise being increasingly emphasized 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 aims to construct a more varied and sustainable economy, decreasing reliance on imported products while also producing tasks for both nationals and locals.

ANSR July GCC PRs 50DR+

As one of the world's leading 20 economies, the UAE has 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 Development reported that FDI streams into the UAE reached approximately US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, positioning the UAE second globally in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 brand-new companies, 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 went beyond 24,000.8 Likewise, the Jebel Ali Free Zone supports nearly 800 production companies with tailored facilities, outstanding logistics, and over 100 personalized jobs.

ANSR July GCC PRs 50DR+

Driving Dubai Industrial Expansion via Operational Excellence

Its tactical area at the crossroads of Europe, Asia, and Africa, offers smooth connectivity to global markets, which makes it possible for effective distribution of products to a large range of clients and end-users. Further, the UAE's strong logistics and facilities, absence of trade sanctions, and a growing variety of complimentary trade arrangements with streamlined, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an appealing place for establishing manufacturing bases.