-+ 0.00%
-+ 0.00%
-+ 0.00%

Adnoc Targets UAE Supply Chain Expansion with AED60 Billion in Manufacturing Opportunities

MT Newswires·10/26/2026 00:14:46
Listen to the news
12:14 AM EDT, 10/26/2026 (MT Newswires) -- Abu Dhabi National Oil Co., or Adnoc, identified domestic manufacturing opportunities worth more than 60 billion Emirati dirhams through 2030, according to a Sunday release. The opportunities cover more than 200 essential products and critical spare parts, including drilling equipment, electrical systems, chemicals and catalysts, and heavy equipment, as the state-owned oil company seeks to reduce dependence on imports and strengthen supply chains. Adnoc also introduced procurement reforms to shorten purchasing cycles by up to 40% and cut supplier registration times by up to 80%.