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Other sectors are also being progressively highlighted to advance the nation's decarbonization objectives following the 28th Conference of the Parties (COP28). Low-carbon technologies, such as solar PV manufacturing, are being actively pursued. 5 By targeting these sectors, the UAE aims to construct a more diversified and sustainable economy, minimizing reliance on imported goods while also developing jobs for both nationals and homeowners.
As one of the world's top 20 economies, the UAE has secured 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 Development reported that FDI streams into the UAE reached approximately US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, putting the UAE 2nd globally in FDI inflows.
In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 new business, 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 total number of business surpassed 24,000.8 Likewise, the Jebel Ali Free Zone supports nearly 800 manufacturing firms with tailored facilities, excellent logistics, and over 100 personalized jobs.
Predicting the 2026 Middle East Corporate LandscapeIts strategic area at the crossroads of Europe, Asia, and Africa, provides seamless connectivity to worldwide markets, which enables effective distribution of items to a vast array of clients and end-users. Even more, the UAE's strong logistics and infrastructure, 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 place for establishing production bases.
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