-+ 0.00%
-+ 0.00%
-+ 0.00%
Adnoc Targets UAE Supply Chain Expansion with AED60 Billion in Manufacturing Opportunities
Share
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%.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending