Leveraging GCC Research to Effectively Drive Operational Growth thumbnail

Leveraging GCC Research to Effectively Drive Operational Growth

Published Aug 17, 26
2 min read


Other sectors are likewise being progressively stressed to advance the country'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 construct a more varied and sustainable economy, decreasing reliance on imported items while also producing jobs for both nationals and homeowners.

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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 approximately US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, placing the UAE second globally in FDI inflows.

In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 new companies, marking its best very first quarter in over 20 years, with considerable registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's total variety of companies went beyond 24,000.8 Similarly, the Jebel Ali Free Zone supports nearly 800 production companies with customized infrastructure, exceptional logistics, and over 100 customized jobs.

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Its strategic area at the crossroads of Europe, Asia, and Africa, offers smooth connection to international markets, which allows effective distribution of items to a vast array of customers and end-users. Further, the UAE's strong logistics and facilities, absence of trade sanctions, and a growing number of open market contracts with streamlined, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an appealing area for developing manufacturing bases.

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