This trend can be mainly attributed to factors like the growing presence of high net-worth individuals and the UAE’s removal from the FATF’s grey list
realty3 hours ago
Dr Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of Abu Dhabi National Oil Company (Adnoc), met Japanese Prime Minister Shinzo Abe, as well as senior government and corporate leaders during a visit to Tokyo, as Adnoc seeks to expand strategic partnership and investment opportunities across the entire value chain of its business.
To capitalise on the sharp growth in demand for petrochemical products globally, and particularly across Asia, Adnoc is focusing on significantly expanding its downstream portfolio, while remaining a reliable and trusted supplier of crude oil and refined products.
At the meeting with Japan's prime minister, matters of mutual interest were discussed, as the UAE and Japan seek to advance bilateral economic relations, particularly in the oil, gas and petrochemical sectors.
During the meeting, Dr Al Jaber conveyed the regards of the UAE leadership and reaffirmed the strong, close and long-standing political, economic and trade relationship between the UAE and Japan. Discussions emphasised on the deep strategic partnerships that both the UAE and Japan enjoy across a variety of sectors, in particular in energy. Dr Al Jaber also elaborated on Adnoc's new strategic, comprehensive partnership and investment model that will enable the company's 2030 smart growth strategy to be realised.
"The UAE has deep rooted relations with Japan that span over four decades," said Dr Al Jaber.
"As we increase our focus on the growing demand for high-value petrochemical products, especially from Asia, we are introducing new partnership opportunities to expand and strengthen our downstream business."
- business@khaleejtimes.com
This trend can be mainly attributed to factors like the growing presence of high net-worth individuals and the UAE’s removal from the FATF’s grey list
realty3 hours ago
Sama 2.0 will answer real-time questions, help travellers design curated travel experiences, and find answers for customers
aviation3 hours ago
Spot gold was slightly down at $2,335.13 per gram on Monday
uae3 hours ago
As authorities sprang into action to drain waterlogging, tenants and homeowners had to navigate the aftermath of nature's unpredictability
uae4 hours ago
The 51-year-old recently competed in the Masters Indoor World Cup — his 10th international tournament since undergoing surgery
sports5 hours ago
Met Department advised people to take precautions during strong convective cloud activity associated with rainfall over Eastern and Northern areas
uae5 hours ago
Earlier, interest-free loans were announced for Emiratis whose businesses were affected by the rains, with a grace period of 6 to 12 months
uae7 hours ago