whatsapp

Adnoc Signs Dh6 Billion Local Supply Deals to Boost UAE Manufacturing and Create 1,300 Jobs

/media/GA_4_TjrAirC.webp

The Abu Dhabi National Oil Company (Adnoc) has inked AED 6 billion ($1.64 billion) worth of strategic agreements with 12 UAE-based manufacturers to locally produce critical industrial components, including high-demand cables and pressure vessels. These long-term framework deals are set to create as many as 1,300 skilled jobs in the UAE’s private sector, while also fortifying the nation’s supply chain resilience.

Signed under the umbrella of the UAE’s “Make it in the Emirates” initiative, the deals aim to strengthen domestic manufacturing, reduce reliance on imports, and significantly improve delivery timelines across Adnoc’s supply operations. The signing ceremony was held during the Abu Dhabi Industrial Forum and was witnessed by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Adnoc’s Managing Director and Group CEO.

“These agreements are part of our ongoing strategy to expand our local manufacturing base and stimulate private sector growth across the country,” said Yaser Almazrouei, Adnoc Executive Director. He encouraged more suppliers to engage with Adnoc through its dedicated “Make it with Adnoc” platform.

The newly signed framework includes nine manufacturers specializing in ten different types of pressure vessels, and three companies focused on producing four types of industrial cables. These firms are located across major industrial zones such as ICAD, KEZAD, JAFZA, and Dubai Industrial Park.

The initiative also aligns with Adnoc’s wider In-Country Value (ICV) programme, which has already channeled over Dh242 billion back into the UAE economy since 2018. The company aims to inject an additional Dh200 billion over the next five years and plans to purchase Dh90 billion worth of locally manufactured products by 2030.

The ripple effects of these agreements are expected to benefit not only the energy sector but also the UAE’s broader industrial ecosystem. The investments will support economic diversification, boost technology transfer, and enhance competitiveness in high-value manufacturing.

With the latest announcement, Adnoc is reinforcing its role not just as a global energy provider, but as a key driver of domestic industrial growth and private sector employment.

Commnets 0
Leave A Comment

Related Posts
© JK Cement UAE Officially Launches JK Profix Construction Chemicals Division

JK Cement UAE Officially Launches JK Profix Construction Chemicals Division

JK Cement UAE has officially launched its JK Profix Construction Chemicals division, marking a major step in the company’s expansion beyond traditional cement and building materials in the UAE...

© OPEC+ Keeps October Oil Output Quota Unchanged From September

OPEC+ Keeps October Oil Output Quota Unchanged From September

OPEC+ has decided to keep its October 2026 oil production levels unchanged from September, pausing further increases after six consecutive months of output hikes....

© ROX Begins ADAMAS Vehicle Production in Abu Dhabi, Boosting UAE’s Automotive Ambitions

ROX Begins ADAMAS Vehicle Production in Abu Dhabi, Boosting UAE’s Automotive Ambitions

Abu Dhabi has taken another step toward strengthening its position as a regional automotive manufacturing hub after Chinese automaker ROX began local production of its ADAMAS vehicles....

© Gateway 2040 Brings US Residency-Linked Investment Opportunity to Dubai

Gateway 2040 Brings US Residency-Linked Investment Opportunity to Dubai

A new U.S. infrastructure investment opportunity is being presented to investors in Dubai, combining a proposed Orlando development with a potential pathway to permanent U.S. residency through the EB-...

© Kuwait Tightens Anti-Money Laundering Rules for Gold and Real Estate

Kuwait Tightens Anti-Money Laundering Rules for Gold and Real Estate

Kuwait has introduced tougher anti-money laundering and counter-terrorist financing requirements for businesses operating in the gold, precious metals and real estate sectors....

© U.S. Defends Trump’s Venezuela Oil Deal as Energy Secretary Lands in Caracas

U.S. Defends Trump’s Venezuela Oil Deal as Energy Secretary Lands in Caracas

The Trump administration is defending its controversial new oil agreement with Venezuela as U.S. Energy Secretary Chris Wright arrives in Caracas to advance the deal, which Washington says could lower...

© Oil Shock Is Turning Filipinos Electric as EV Sales Surge

Oil Shock Is Turning Filipinos Electric as EV Sales Surge

Rising fuel prices are changing the way Filipinos think about buying cars. While the country's overall automobile market is slowing, electric and electrified vehicles are moving in the opposite direct...

© Oil Surges Back Above $90 as U.S.-Iran Tensions Reignite

Oil Surges Back Above $90 as U.S.-Iran Tensions Reignite

Oil prices have climbed sharply again as renewed fighting between the United States and Iran raises fresh concerns about the safety of shipments through the Strait of Hormuz....

© Hyundai Accelerates U.S. Expansion After Years of Strong Market Growth

Hyundai Accelerates U.S. Expansion After Years of Strong Market Growth

Hyundai Motor Group is strengthening its position in the United States after years of rapid growth, with the South Korean automotive giant planning greater local production, a broader vehicle portfoli...

© Dubai International Passenger Traffic Falls 31% in H1 as Recovery Gains Momentum

Dubai International Passenger Traffic Falls 31% in H1 as Recovery Gains Momentum

Dubai International Airport recorded 31.5 million passengers in the first half of 2026, down 31.3% from a year earlier, as regional airspace disruption weighed heavily on flight schedules before traff...