The Approval of ADNOC’s strategy with AED 466 billion for the next 5 years

Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces, announced the Approval of ADNOC’s strategy with AED 466 billion for the next 5 years.

His Highness added through his official Twitter account: “I met with the ADNOC Board of Directors at Expo 2020 Dubai & approved the company’s updated strategy and action plan with investments of AED 466 billion for the next five years and AED 160 billion redirected to the local economy. Through its sustained investment in people & commitment to reliability & innovation, ADNOC plays a vital role in the global energy sector & in the strength of the UAE economy”.