Comparing Industrial Strategy Models across the GCC

Other sectors are also being increasingly stressed to advance the country's decarbonization objectives following the 28th Conference of the Parties (COP28). Low-carbon innovations, such as solar PV production, are being actively pursued. 5 By targeting these sectors, the UAE aims to develop a more diversified and sustainable economy, reducing dependence on imported goods while likewise producing jobs for both nationals and citizens.

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 Financial Investment Report 2024 by the United Nations Conference on Trade and Advancement 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 2nd internationally in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 new companies, marking its best first quarter in over 20 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 production firms with customized facilities, outstanding logistics, and over 100 customized jobs.

ANSR July GCC PRs 50DR+

Essential Middle East Market Research Insights for 2026

Its tactical location at the crossroads of Europe, Asia, and Africa, provides seamless connectivity to global markets, which allows effective circulation of items to a wide variety of customers and end-users. Even more, the UAE's strong logistics and infrastructure, absence of trade sanctions, and a growing variety of open market arrangements with streamlined, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an appealing area for establishing production bases.