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UAE Targets Global Manufacturing Leadership With $49 Billion Push

Posted by Anthony Davis

|May 09, 2026

UAE Targets Global Manufacturing Leadership With $49 Billion Push

The United Arab Emirates has unveiled one of the most aggressive industrial expansion strategies currently emerging from the Gulf region, pledging $49 billion in industri...

Weekly Spot Prices - 03 Jul 2026

Indicative weekly spot prices for 60/70 grade. Actual delivered costs vary by packaging, logistics and duties.

Region	USD/tonne	Trend
Middle East · FOB (drums)	527–550	▼
Europe · Delivered	415–450	▼
Asia · Delivered (bulk)	460–560	▲
USA · Bulk	550–735	▼

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Make it in the Emirates

UAE Targets Global Manufacturing Leadership With $49 Billion Push

Make it in the Emirates

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