Achieving Operational Excellence in the Industrial Sector

Other sectors are likewise being progressively stressed to advance the nation's decarbonization goals 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, reducing reliance on imported products while also creating tasks for both nationals and homeowners.

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 Financial Investment Report 2024 by the United Nations Conference on Trade and Advancement reported that FDI streams into the UAE reached roughly US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, positioning the UAE 2nd worldwide in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 new companies, marking its finest first quarter in over 20 years, with substantial registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's total number of companies went beyond 24,000.8 Likewise, the Jebel Ali Free Zone supports almost 800 manufacturing companies with tailored infrastructure, outstanding logistics, and over 100 customized tasks.

ANSR July GCC PRs 50DR+

Achieving Process Excellence in the Industrial Landscape

Its strategic location at the crossroads of Europe, Asia, and Africa, uses seamless connectivity to worldwide markets, which allows effective circulation of items to a wide variety of consumers and end-users. Even more, the UAE's strong logistics and facilities, absence of trade sanctions, and a growing number 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 attractive place for developing manufacturing bases.