UAE and Uzbekistan Forge Path for Stronger Bilateral Relations

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 In a significant stride toward enhancing international collaboration, H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the United Arab Emirates, engaged in a phone conversation with Bakhtiyor Saidov, the Foreign Minister of Uzbekistan. The dialogue underscored the enduring friendship between the two nations and their shared ambition to foster closer ties across diverse sectors. Strengthening UAE-Uzbekistan Relations The conversation reflected the UAE's commitment to deepening its relationship with Uzbekistan, a partnership founded on mutual respect, common goals, and a shared vision for the future. Both diplomats highlighted the importance of exploring avenues for cooperation that would benefit their countries and citizens, focusing particularly on economic, trade, and investment opportunities. Strategic Cooperation for Mutual Growth During the discussion, H.H. Sheikh Abdullah bin Zayed and Bakhtiyor Saidov examined current areas o...
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ADNOC's Vision of a Sustainable Future: Growth, Decarbonization, and Economic Impact

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Adnoc

The UAE President Sheikh Mohamed bin Zayed Al Nahyan presided over a historic annual meeting of the ADNOC Board of Directors, which emphasized the country's commitment to a sustainable and integrated energy future. Under the visionary leadership of Sheikh Mohamed bin Zayed, ADNOC is forging a route for growth, decarbonization, and significant contributions to the UAE economy.

Sheikh Mohamed bin Zayed directed ADNOC to diversify its portfolio by providing secure, dependable, and responsible energy to support a fair and equitable global energy transition. Through investments in Masdar, the company is increasing its renewable energy capacity, on track to meet its intermediate targets of 25% reduction in greenhouse gas intensity and near-zero methane emissions by 2030. 

The board recognized ADNOC's record-breaking IPOs and first overseas investments in 2023, underlining the need to focus transformational development, collaborations, and global prospects. Notably, ADNOC's acquisition of OCI's majority stake in Fertiglobe plc is consistent with its ambitious chemical strategy and commitment to low-carbon ammonia.

ADNOC's ambition to achieve net zero emissions by 2045 is reflected in increased budget allocations of $23 billion for decarbonization projects. This investment includes the expansion of domestic and worldwide carbon management tools to assist both ADNOC and its clients in their decarbonization efforts.

ADNOC's emphasis on personnel development and upskilling, connection with the 'Make it in the Emirates' campaign, and donations to local communities through its CSR program demonstrate the company's all-encompassing commitment to sustainable growth.

ADNOC reached key milestones in 2023, including record-breaking first public offerings, investments in carbon capture projects, and the unveiling of the world's first net-zero emissions offshore development project. The corporation has pledged to double its carbon capture. 


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