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Other sectors are also being progressively highlighted to advance the country's decarbonization goals following the 28th Conference of the Celebrations (COP28). Low-carbon innovations, such as solar PV production, are being actively pursued. 5 By targeting these sectors, the UAE intends to construct a more varied and sustainable economy, minimizing reliance on imported items while also developing jobs for both nationals and locals.

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 Investment Report 2024 by the United Nations Conference on Trade and Development reported that FDI streams into the UAE reached around US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, positioning the UAE second internationally in FDI inflows.
In 2022, the Dubai Multi Commodities Center (DMCC) invited 665 brand-new business, marking its finest first quarter in over 20 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 almost 800 manufacturing companies with tailored facilities, excellent logistics, and over 100 personalized jobs.

Its tactical area at the crossroads of Europe, Asia, and Africa, uses seamless connectivity to worldwide markets, which makes it possible for effective distribution of items to a broad variety of consumers and end-users. Further, the UAE's strong logistics and infrastructure, lack of trade sanctions, and a growing number of free trade contracts with structured, 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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