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Other sectors are also being significantly emphasized to advance the nation's decarbonization objectives following the 28th Conference of the Celebrations (COP28). Low-carbon innovations, such as solar PV manufacturing, are being actively pursued. 5 By targeting these sectors, the UAE intends to build a more varied and sustainable economy, decreasing dependence on imported products while also developing jobs for both nationals and residents.

As one of the world's leading 20 economies, the UAE has protected 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 streams into the UAE reached roughly 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) invited 665 brand-new companies, marking its best first quarter in over 20 years, with considerable 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 production companies with tailored facilities, exceptional logistics, and over 100 tailored tasks.
Its strategic place at the crossroads of Europe, Asia, and Africa, provides seamless connectivity to international markets, which allows effective distribution of items to a large range of consumers and end-users. Further, the UAE's strong logistics and facilities, lack of trade sanctions, and a growing number of open market agreements 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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