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Other sectors are also being progressively highlighted to advance the nation's decarbonization objectives following the 28th Conference of the Celebrations (COP28). Low-carbon innovations, 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, reducing reliance on imported products while also developing jobs for both nationals and locals.

As one of the world's top 20 economies, the UAE has protected 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 flows into the UAE reached approximately US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, placing the UAE second internationally in FDI inflows.
In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 brand-new companies, marking its best very first quarter in over twenty years, with substantial registrations from China, India, the United Kingdom, Germany, and France. 7 By 2023, the DMCC's total variety of companies surpassed 24,000.8 Likewise, the Jebel Ali Free Zone supports almost 800 manufacturing companies with customized facilities, exceptional logistics, and over 100 personalized projects.

Its tactical location at the crossroads of Europe, Asia, and Africa, provides smooth connectivity to global markets, which enables effective distribution of items to a wide variety of consumers and end-users. Further, the UAE's strong logistics and infrastructure, lack 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 place for establishing manufacturing bases.
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