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Other sectors are also being increasingly emphasized 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 aims to build a more varied and sustainable economy, reducing reliance on imported goods while also creating tasks for both nationals and homeowners.

As one of the world's top 20 economies, the UAE has actually secured a leading position in foreign direct financial 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 around US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, positioning the UAE 2nd internationally in FDI inflows.
In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 brand-new business, marking its finest very first quarter in over 20 years, with substantial registrations from China, India, the United Kingdom, Germany, and France. 7 By 2023, the DMCC's overall number of business went beyond 24,000.8 Similarly, the Jebel Ali Free Zone supports nearly 800 production companies with tailored facilities, excellent logistics, and over 100 customized tasks.

Its tactical location at the crossroads of Europe, Asia, and Africa, offers smooth connection to worldwide markets, which enables efficient 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 complimentary trade arrangements with streamlined, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an attractive place for establishing manufacturing bases.
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