Comparing Industrial Strategy Models across the GCC

Other sectors are also being progressively emphasized to advance the nation's decarbonization objectives 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, minimizing reliance on imported products while also developing jobs for both nationals and citizens.

ANSR July GCC PRs 50DR+

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

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 brand-new business, marking its best 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 number of business surpassed 24,000.8 Likewise, the Jebel Ali Free Zone supports nearly 800 production companies with customized infrastructure, exceptional logistics, and over 100 personalized projects.

ANSR July GCC PRs 50DR+

Middle East News: Major Market Trends for 2026

Its strategic location at the crossroads of Europe, Asia, and Africa, uses smooth connectivity to global markets, which enables effective circulation of items to a wide variety of customers and end-users. Even more, the UAE's strong logistics and infrastructure, lack of trade sanctions, and a growing variety 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 place for establishing manufacturing bases.