During the first half of 2025, ADNOCs has contracted Dh65.7 billion worth of deals to about 400 UAE-based suppliers, contractors, and service providers, reaffirming its commitment to supporting the UAE economy. This significant investment covers key areas of drilling, logistics, operational support services, and engineering, procurement, and construction (EPC) sectors. Highlighting ADNOCs strategic intent in developing local business involvement. Enhancing national supply chains through its In-Country Value (ICV) program.
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Strategic Contract Allocation to Empower Local Businesses
ADNOCs Dh65.7 billion investment reflects its commitment to empowering local businesses. Through its commitment to awarding contracts to local firms in its procurement. ADNOC seeks to drive private-sector development and strengthen the resilience of the national supply chain. The NMDC Energy, Target Engineering, Al Dhafra Co-operative Society, Arab Development Establishment, Excel Astra Engineering, Robt. Stone, GISCO, and Euro Mechanical & Electrical Contracting are among the major beneficiaries of these contracts. These partnerships reflect ADNOCs commitment to engaging capable national suppliers that can deliver value across its business.
ADNOCs Director of Commercial & In-Country Value Directorate. Dr. Saleh Al Hashmi, placed the importance of these awards into perspective by saying, “The award of commercial contracts worth Dh65.7 billion to a diverse group of local suppliers highlights the degree to which ADNOCs In-Country Value program is driving economic and industrial development for the UAE.” He also spoke about the ripple effect that these contracts create throughout the economy. The ways in which they spur productivity, competitiveness. The creation of highly skilled private sector jobs for UAE talent.
ADNOC Vision for Sustainable Economic Growth
In the future, ADNOC is set to invest another Dh200 billion into the UAE economy over the next five years through its ICV program. This ambitious strategy involves producing Dh90 billion worth of goods locally in its procurement pipeline by 2030. These efforts are consistent with the UAE’s larger economic diversification ambitions and are intended to create a strong, resilient industrial base.
In order to facilitate broader access to its commercial potential, ADNOC has launched the “Make it with ADNOC” mobile app. Through this platform, companies get exposure to the purchasing requirements of the organization, giving suppliers, SMEs. Entrepreneurs a direct route to take advantage of its long-term commercial possibilities. Through digital channels, ADNOC is improving transparency and promoting more cooperation with local businesses.
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Building the UAE’s Industrial Base
ADNOC has been at the forefront of driving economic and industrial growth in the UAE since the inception of its ICV program in 2018. The initiative has not only created more than 17,000 private-sector Emirati jobs but also had a major positive impact on the country’s employment sector. In working with a diverse mix of suppliers—from veteran companies to new entrepreneurs. ADNOC is building an open industrial ecosystem that promotes innovation and sustainable growth.
ADNOC’s local manufacturing and procurement commitment not only strengthens the industrial prowess of the UAE but also puts the country on the regional map as a competitive force in the global energy market. By investing strategically and in collaboration. ADNOC is building the foundation for a diversified and stable economy that can keep pace with changing global needs.
ADNOC’s Dh65.7 billion investment in the first six months of 2025 is a landmark moment in the UAE’s economic development narrative. Through enabling local enterprises, catalyzing innovation, and accelerating industrial development, ADNOC is forging a leading role in creating a sustainable and prosperous future for the country. As the organization continues to execute its strategic plans, it invites all local enterprises to be a part of its procurement pipeline and help drive the UAE’s long-term success.
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