Utilizing GCC Research to Effectively Drive Strategic Growth

Other sectors are likewise 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 intends to build a more diversified and sustainable economy, lowering reliance on imported items while also creating jobs for both nationals and locals.

ANSR July GCC PRs 50DR+

As one of the world's top 20 economies, the UAE has actually protected a leading position in foreign direct investment (FDI) inflows within the area. The World Investment Report 2024 by the United Nations Conference on Trade and Development reported that FDI flows into the UAE reached around US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, positioning the UAE second worldwide in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 new business, marking its best very first quarter in over twenty years, with substantial registrations from China, India, the United Kingdom, Germany, and France. 7 By 2023, the DMCC's overall number of business went beyond 24,000.8 Similarly, the Jebel Ali Free Zone supports almost 800 manufacturing firms with tailored facilities, outstanding logistics, and over 100 personalized projects.

ANSR July GCC PRs 50DR+

The Benefits of Strategic Growth in the GCC

Its tactical location at the crossroads of Europe, Asia, and Africa, provides smooth connection to international markets, which allows effective distribution of items to a wide variety of customers and end-users. Further, the UAE's strong logistics and infrastructure, lack of trade sanctions, and a growing number of open market contracts with structured, 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.