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Other sectors are likewise being increasingly stressed to advance the country'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 develop a more varied and sustainable economy, reducing dependence on imported items while also creating jobs for both nationals and residents.

As one of the world's top 20 economies, the UAE has protected 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 Advancement reported that FDI flows into the UAE reached approximately US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, positioning the UAE second internationally in FDI inflows.
Is Your UAE HR Strategy Ready for Gen Z?In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 new companies, marking its finest first quarter in over twenty years, with significant registrations from China, India, the United Kingdom, Germany, and France. 7 By 2023, the DMCC's overall variety of business surpassed 24,000.8 Similarly, the Jebel Ali Free Zone supports nearly 800 manufacturing companies with customized facilities, outstanding logistics, and over 100 tailored tasks.
Is Your UAE HR Strategy Ready for Gen Z?
Its tactical place at the crossroads of Europe, Asia, and Africa, uses smooth connectivity to international markets, which enables efficient circulation of products to a broad range of customers and end-users. Even more, the UAE's strong logistics and infrastructure, lack of trade sanctions, and a growing variety of open market agreements with structured, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an appealing location for developing manufacturing bases.
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