Comparing Industrial Strategy Models across the GCC

Other sectors are likewise being significantly highlighted to advance the country's decarbonization objectives following the 28th Conference of the Parties (COP28). Low-carbon technologies, such as solar PV production, are being actively pursued. 5 By targeting these sectors, the UAE intends to build a more varied and sustainable economy, decreasing reliance on imported items while also developing tasks for both nationals and locals.

ANSR July GCC PRs 50DR+

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

In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 brand-new business, marking its finest very first quarter in over twenty years, with substantial registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's overall variety of business went beyond 24,000.8 Similarly, the Jebel Ali Free Zone supports almost 800 production companies with customized facilities, outstanding logistics, and over 100 personalized tasks.

ANSR July GCC PRs 50DR+

GCC News: Major Corporate Trends for 2026

Its tactical place at the crossroads of Europe, Asia, and Africa, provides smooth connectivity to worldwide markets, which allows effective distribution of items to a wide variety of clients and end-users. Even more, the UAE's strong logistics and facilities, absence of trade sanctions, and a growing variety of free trade contracts with structured, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an attractive area for establishing production bases.