Close Menu
Business News MEA
    Facebook X (Twitter) Instagram
    Tuesday, October 20
    Facebook X (Twitter) Instagram LinkedIn VKontakte
    Business News MEABusiness News MEA
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    Business News MEA
    You are at:Home»Business»Industrial investments in GCC states reach US$426 billion, with nearly 22,000 factories
    Business

    Industrial investments in GCC states reach US$426 billion, with nearly 22,000 factories

    Editorial TeamBy Editorial TeamOctober 18, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    MUSCAT, 18th October, 2026 (WAM) — Data from the Statistical Centre for the Cooperation Council for the Arab States of the Gulf (GCC-Stat) show that industrial investments total approximately US$426 billion, while the number of factories stands at nearly 22,000. The industrial sector employs more than 1.7 million people, according to the latest available statistical data as of July 2026.

    Manufacturing contributed approximately 13.0 percent of the GCC states’ gross domestic product in 2025, underscoring the sector’s importance in supporting the economies of the member states, advancing economic diversification and increasing the contribution of non-oil activities.

    Around 40 percent of industrial investments are concentrated in a group of key industries, including plastics, refined petroleum products, aluminium, gaseous fuels, and iron and steel. These industries form an important foundation for manufacturing and intermediate industries and support the integration of industrial value chains.

    In foreign trade, industrial products account for approximately 69 percent of total GCC exports. Key exports include petroleum gases and hydrocarbons, petroleum oils, motor vehicles, organic compounds, aluminium, ships and boats, and electrical machinery and equipment.

    On the import side, China accounts for around 20 percent of total GCC imports, making it the region’s largest source of imports. Major imported goods include equipment and machinery, motor vehicles, pharmaceutical products, iron and steel, and plastics, with supplies sourced from a diverse range of markets.

    These indicators reflect the expanding and diversifying industrial base across the GCC, as well as differences in the scale of industrial activity among the member states in terms of investment and factory numbers. This is driving efforts to expand production capacity, develop value chains, strengthen GCC industrial integration, localise industries and enhance the competitiveness of Gulf products in global markets.

    Source: Emirates News Agency

    Previous ArticleMoHESR, Fudan University collaborate to provide study places for Emirati students, advance scientific research
    Next Article WGES 2026 to chart pathways for scaling green solutions, investments

    Related Posts

    FREELANDER Debuts International Five-Seat FREELANDER 8, Announces AI Voice Assistant at FREELANDER Nightfall

    October 20, 2026

    Crown Prince of Abu Dhabi, French President attend UAE-France Business Dialogue

    October 20, 2026

    Oil prices fall, Brent at US$109.06 per barrel

    October 20, 2026
    Don't Miss

    Sawai Padmanabh Singh, the prince bringing polo back to India’s centre field

    Hamdan bin Mohammed congratulates Red-Carpet Travel Corridor team on Dubai-it Award

    Emirates Drug Establishment bans veterinary use of ciprofloxacin from November 1

    Japan launches spacecraft to mysterious moons of Mars

    2026. All rights reserved.
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.