Leveraging Market Research to Drive Operational Growth

Other sectors are likewise being increasingly highlighted to advance the nation's decarbonization objectives following the 28th Conference of the Celebrations (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 goods while also creating jobs for both nationals and residents.

ANSR July GCC PRs 50DR+

As one of the world's top 20 economies, the UAE has secured 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 roughly US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, placing the UAE 2nd worldwide in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 new companies, marking its best very first quarter in over twenty years, with significant registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's total number of business surpassed 24,000.8 Similarly, the Jebel Ali Free Zone supports almost 800 production companies with tailored infrastructure, excellent logistics, and over 100 tailored tasks.

ANSR July GCC PRs 50DR+

Why Future-Focused Strategy Reshapes the GCC Economy

Its strategic area at the crossroads of Europe, Asia, and Africa, offers seamless connection to international markets, which enables efficient distribution of items to a large range of customers and end-users. Even more, the UAE's strong logistics and facilities, lack of trade sanctions, and a growing number of open market 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 production bases.