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Other sectors are also being progressively emphasized to advance the nation'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 aims to construct a more diversified and sustainable economy, lowering reliance on imported products while also producing tasks for both nationals and residents.

As one of the world's leading 20 economies, the UAE has actually secured a leading position in foreign direct financial 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 approximately US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, positioning the UAE second globally in FDI inflows.
In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 brand-new business, marking its finest 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 exceeded 24,000.8 Similarly, the Jebel Ali Free Zone supports almost 800 manufacturing companies with tailored infrastructure, excellent logistics, and over 100 tailored projects.
Key Benefits of Industrial Growth for the GCCIts strategic location at the crossroads of Europe, Asia, and Africa, provides smooth connectivity to international markets, which enables effective circulation of items to a vast array of customers and end-users. Even more, 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 location for establishing production bases.
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