ADNOC (Abu Dhabi National Oil Company) plans to inject Dh200 billion into the UAE economy over the next five years. This significant investment is expected to play a crucial role in boosting the country’s economic growth, aiding its diversification efforts, and reinforcing its position as a global energy leader.
As part of its comprehensive investment strategy, ADNOC’s In-Country Value (ICV) Program has already reinvested Dh55 billion into the UAE economy in 2024 alone. This initiative aims to maximize local business opportunities and create sustainable value for the nation, benefiting various sectors such as manufacturing, logistics, and technology.
The upcoming investment will support ADNOC’s ongoing commitment to developing and maintaining essential infrastructure while promoting innovation and technological advancements. The company’s focus on local content is anticipated to enhance the UAE’s supply chain resilience, generating thousands of job opportunities and stimulating economic activity.
Through these initiatives, ADNOC is playing a vital role in securing the UAE’s energy future and improving the nation’s economic well-being, positioning itself as a key driver in the country’s long-term growth strategy.
