Adnoc bets $55bn on local supply chains to support $150bn capex plan | The National

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Source: The National (UAE)
Published: 2026-05-03 20:31 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Energy, Economy & Finance, Business & Economy
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Snippet:
Abu Dhabi's state energy company Adnoc said it will award Dh200 billion ($55 billion) in project contracts over the next three years, accelerating a construction push that doubles as a strategic bet on the UAE's industrial economy.
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