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Other sectors are also being progressively stressed to advance the country's decarbonization goals following the 28th Conference of the Celebrations (COP28). Low-carbon technologies, such as solar PV production, are being actively pursued. 5 By targeting these sectors, the UAE intends to develop a more varied and sustainable economy, reducing reliance on imported items while also developing jobs for both nationals and residents.

As one of the world's leading 20 economies, the UAE has secured a leading position in foreign direct investment (FDI) inflows within the area. The World Investment Report 2024 by the United Nations Conference on Trade and Advancement reported that FDI flows into the UAE reached around US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, putting the UAE 2nd worldwide in FDI inflows.
Accelerating Regional Manufacturing Growth StrategiesIn 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 brand-new companies, marking its finest first quarter in over twenty years, with substantial registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's overall number of companies surpassed 24,000.8 Similarly, the Jebel Ali Free Zone supports almost 800 production firms with tailored facilities, outstanding logistics, and over 100 customized jobs.
Key Steps for Operational Excellence in the GCCIts tactical location at the crossroads of Europe, Asia, and Africa, uses smooth connection to global markets, which allows efficient circulation of items to a wide variety of clients and end-users. Further, the UAE's strong logistics and facilities, absence of trade sanctions, and a growing number of open market arrangements with structured, 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.
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