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Top Emirates24|7 News
Oil and Gas Sector · Abu DhabiADNOC has unveiled a sweeping $150 billion investment plan for 2026–2030, marking one of the largest investment cycles in its history and reinforcing the UAE’s long-term commitment to oil, gas, and industrial expansion. The announcement, approved at the board meeting chaired by Sheikh Mohamed bin Zayed Al Nahyan, coincided with increases in the UAE’s hydrocarbon reserves and marks a further pivot to downstream and international expansion. Over f…See the Story
ADNOC Approves Sweeping $150 Billion Investment Plan
60% Right coverage: 5 sources
Dubai, United Arab Emirates · DubaiDubai: Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Sunday, November 23, approved a record Dirham 302.7-billion budget cycle for 2026–2028, marking the largest financial plan in the emirate’s history. The total revenues for the three-year cycle are projected at Dh 329.2 billion, with the government expecting an operating surplus of up to 5 per cent of Dubai’s projected GDP for 2026. A…See the Story
Sheikh Mohammed approves largest budget in Dubai history for 2026-2028
Coverage: 2 sources
