Close Menu
Emirates InsightEmirates Insight
  • The GCC
    • Duabi
  • Business & Economy
  • Startups & Leadership
  • Blockchain & Crypto
  • Eco-Impact

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Dubai Culture Builds Capacity Around The Updated UAE Innovation Framework – Dubai Blog

November 6, 2025

ADNOC awards $14.7bn in UAE contracts, unveils $24.5 local manufacturing plan

November 6, 2025

XRP DEX Hits 954K Transactions as Price Faces Selling Pressure

November 6, 2025
Facebook X (Twitter) Instagram LinkedIn
  • Home
  • Guest Writer Policy
  • Privacy Policy
  • Terms of Use
  • Contact Us
Facebook X (Twitter) Instagram LinkedIn
Emirates InsightEmirates Insight
  • The GCC
    • Duabi
  • Business & Economy
  • Startups & Leadership
  • Blockchain & Crypto
  • Eco-Impact
Emirates InsightEmirates Insight
Home»Business & Economy»ADNOC awards $14.7bn in UAE contracts, unveils $24.5 local manufacturing plan
Business & Economy

ADNOC awards $14.7bn in UAE contracts, unveils $24.5 local manufacturing plan

Emirates InsightBy Emirates InsightNovember 6, 2025No Comments
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
ADNOC awards $14.7bn in contracts to UAE firms and unveils $24.5bn local manufacturing plan under its In-Country Value programme
Share
Facebook Twitter LinkedIn Pinterest Email

Abu Dhabi National Oil Company (ADNOC) has awarded AED54bn ($14.7bn) in contracts to UAE-based suppliers during the second half of 2025, reinforcing its position as a major driver of national economic growth and industrial development.

The announcement came during the ninth edition of the Business Partnership Forum, held on the sidelines of ADIPEC 2025, where ADNOC also outlined new procurement opportunities for 2026–2027 under the theme “From Outlook to Outcome – Partnering for National Growth.”

The contracts cover strategic services, drilling, maintenance, logistics, digital solutions, and major projects across the ADNOC Group, supporting ADNOC’s commitment to strengthen supply chain efficiency, enhance local market competitiveness, and drive sustainable economic growth across the UAE.

$24.5bn local manufacturing target by 2030

ADNOC plans to locally manufacture AED90bn ($24.5bn) worth of products in its procurement pipeline by 2030 as part of its long-term In-Country Value (ICV) programme.

Since 2018, the ICV programme has driven AED242bn ($65.9bn) back into the UAE economy and enabled the employment of 18,500 Emiratis in the private sector. ADNOC aims to channel an additional AED200bn ($54.5bn) into the national economy over the next five years.

Omar Abdulla Alnuiami, Acting Director, Group Commercial and In-Country Value Directorate at ADNOC, said: “ADNOC is accelerating the UAE’s industrial growth and economic diversification and providing our partners greater visibility into our procurement pipeline as we deliver on our strategic priorities.

“We are channelling demand from our procurement opportunities to boost the local economy, strengthen the resilience of our supply chain and ensure that products once imported are now made in the UAE.

“The procurement contracts and agreements we have awarded this year are testament to this effort and we invite local and international companies to leverage our In-Country Value programme to drive long-term value creation.”

Technology agreements

In conjunction with the forum, ADNOC signed framework agreements worth AED2.6bn ($708.5m) with Emerson Process Management Distribution Limited, Yokogawa Middle East and Africa, ABB Transmission and Distribution Limited, Schneider Electric, and Honeywell.

The agreements cover the manufacturing of integrated control and safety systems, emergency shutdown systems, automation, control and monitoring systems, and fire and gas systems in the UAE.

These long-term partnerships will support ADNOC’s digitalisation drive, enhance operational reliability, localise advanced technologies, and develop Emirati talent in the industrial sector.

UAE’s top 50 companies
ADNOC remains the UAE’s most valuable brand. Image: Shutterstock

12 new UAE manufacturing facilities

ADNOC also announced 12 new local manufacturing facilities and final investment decisions (FIDs) by UAE-based and international companies during ADIPEC 2025.

The projects, enabled by ADNOC’s ICV programme, will strengthen the UAE’s industrial base across key locations including Abu Dhabi, Al Ruwais, Al Ain, Ras Al Khaimah, and Sharjah, boosting competitiveness and supply chain integration.

This year’s Business Partnership Forum brought together government officials, UAE-based and international suppliers, and technology firms to discuss opportunities in the UAE’s industrial and energy ecosystem.

ADNOC introduced enhanced supplier systems and policy updates to improve transparency and simplify engagement for private-sector partners and small and medium-sized enterprises (SMEs).

The initiatives reflect ADNOC’s continued role as a key enabler of the UAE economy and a trusted business partner in achieving the country’s long-term industrial strategy.

Courtesy: link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Emirates Insight
  • Website

Related Posts

Thrifty UAE Launches Region’s First Self-Service Car Rental Kiosk – UAE Today Blog

November 5, 2025

Abu Dhabi’s AIQ set to transform Indonesia’s upstream operations

November 5, 2025

Dubai launches major plan to be the world’s most liveable city by 2033 – 310 new parks, 60 affordable schools, 15,000 aviation jobs

November 5, 2025
Leave A Reply Cancel Reply

Start Your Business in
Dubai with Tijarist

Company setup, residency support, and expert guidance — all in one place.

GET STARTED
Top Posts

Global Leaders Unite at World Climate Summit, The Investment COP 2023 to Redefine Climate Action

December 11, 20235,006 Views

Australia Risks Falling Behind in Climate Investment, New Report Warns

August 21, 20253,047 Views

Dubai Golden Visa for Gamers: How to Apply, Eligibility, and Key Benefits

February 10, 20253,017 Views

EnergyLab Selects 10 Startups for 2025 Climate Solutions Accelerator

August 26, 20251,789 Views

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

FEATURE YOUR BRAND ON
EMIRATES INSIGHT
CONTACT US
Emirares Insight

Emirates Insight - Lens on the Gulf provides in-depth analysis of the Gulf's business landscape, entrepreneurship stories, economic trends, and technological advancements, offering keen insights into regional developments and global implications.

We're accepting always open for new ideas and partnerships.

Email Us:[email protected]

Facebook X (Twitter)
Our Picks

Dubai Culture Builds Capacity Around The Updated UAE Innovation Framework – Dubai Blog

November 6, 2025

ADNOC awards $14.7bn in UAE contracts, unveils $24.5 local manufacturing plan

November 6, 2025

XRP DEX Hits 954K Transactions as Price Faces Selling Pressure

November 6, 2025
© 2020 - 2025 Emirates Insight. | Designed by Linc Globa Hub inc.
  • Home
  • Guest Writer Policy
  • Privacy Policy
  • Terms of Use
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.