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Other sectors are likewise being increasingly stressed to advance the nation's decarbonization objectives 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 aims to develop a more diversified and sustainable economy, reducing dependence on imported goods while also producing jobs for both nationals and citizens.
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 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) invited 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 overall number of business surpassed 24,000.8 Similarly, the Jebel Ali Free Zone supports almost 800 manufacturing firms with tailored facilities, exceptional logistics, and over 100 tailored jobs.
Operational Excellence: a Strategic Pillar for 2026 SuccessIts tactical area at the crossroads of Europe, Asia, and Africa, uses smooth connectivity to worldwide markets, which allows effective circulation of products to a broad variety of clients and end-users. Further, the UAE's strong logistics and facilities, lack of trade sanctions, and a growing number of complimentary trade arrangements with streamlined, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an attractive location for establishing production bases.
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