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Other sectors are also being increasingly 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 intends to develop a more diversified and sustainable economy, lowering reliance on imported products while also creating tasks for both nationals and residents.

As one of the world's top 20 economies, the UAE has 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 Development reported that FDI flows into the UAE reached roughly US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, placing the UAE second internationally in FDI inflows.
In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 new companies, marking its best first quarter in over 20 years, with substantial registrations from China, India, the UK, Germany, and France. 7 By 2023, the DMCC's total number of business went beyond 24,000.8 Likewise, the Jebel Ali Free Zone supports nearly 800 production firms with customized facilities, outstanding logistics, and over 100 personalized tasks.
Will Dubai Sustain Industrial Growth during 2026?
Its strategic area at the crossroads of Europe, Asia, and Africa, provides seamless connection to international markets, which allows efficient distribution of items to a large range of consumers and end-users. Further, the UAE's strong logistics and infrastructure, absence of trade sanctions, and a growing variety 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 appealing area for developing manufacturing bases.
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