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Other sectors are likewise being progressively emphasized to advance the nation's decarbonization objectives 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 aims to build a more diversified and sustainable economy, decreasing reliance on imported goods while also creating jobs for both nationals and locals.

As one of the world's leading 20 economies, the UAE has actually secured a leading position in foreign direct investment (FDI) inflows within the area. The World Financial 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 second worldwide in FDI inflows.
In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 new companies, marking its best very first quarter in over 20 years, with significant registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's overall variety of companies surpassed 24,000.8 Similarly, the Jebel Ali Free Zone supports nearly 800 production firms with customized facilities, exceptional logistics, and over 100 personalized jobs.

Its tactical location at the crossroads of Europe, Asia, and Africa, uses seamless connectivity to worldwide markets, which allows effective circulation of items to a vast array of consumers and end-users. Even more, the UAE's strong logistics and facilities, lack of trade sanctions, and a growing variety of open market 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 manufacturing bases.
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