Evaluating Industrial Strategy Models across the GCC

Other sectors are also being increasingly stressed to advance the country's decarbonization goals following the 28th Conference of the Parties (COP28). Low-carbon technologies, such as solar PV manufacturing, are being actively pursued. 5 By targeting these sectors, the UAE aims to develop a more varied and sustainable economy, decreasing reliance on imported goods while likewise developing jobs for both nationals and homeowners.

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 around US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, positioning the UAE 2nd internationally in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 brand-new companies, marking its best first quarter in over twenty years, with considerable registrations from China, India, the United Kingdom, Germany, and France. 7 By 2023, the DMCC's total number of business exceeded 24,000.8 Similarly, the Jebel Ali Free Zone supports nearly 800 manufacturing firms with customized infrastructure, excellent logistics, and over 100 personalized jobs.

ANSR July GCC PRs 50DR+

Middle East News: Major Market Trends for 2026

Its strategic location at the crossroads of Europe, Asia, and Africa, provides seamless connectivity to international markets, which enables effective distribution of products to a broad variety of customers and end-users. Further, the UAE's strong logistics and facilities, lack of trade sanctions, and a growing number of totally free trade arrangements with structured, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an appealing area for establishing manufacturing bases.