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Abu Dhabi Government Media Office - Copyright 2021
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- Fund will act as catalyst to strengthen Abu Dhabi Securities Exchange (ADX)’s position as a leading stock market - Investment will be offered to 5-10 private sector companies listing on ADX per year, to help them grow and support them through IPO process - Aims to encourage private sector companies, including SMEs, to list on ADX, as part of efforts to deepen financial markets and promote investment culture across the UAE economy - Fund will be overseen by Supreme Council for Financial and Economic Affairs and managed by Abu Dhabi Department of Economic Development (ADDED)
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Representing more than 15 sectors in the emirate to activate the role of the private sector
- Partnership is in line with the UAE’s 2050 Net Zero Emissions Target - Largest clean energy agreement of its kind will see up to 100% of ADNOC’s grid power supplied by Emirates Water and Electricity Company (EWEC)’s nuclear and solar clean energy from January 2022 - Partnership strengthens ADNOC’s position as one of the world’s lowest carbon oil and gas producers and further differentiates its low carbon intensity crude and refined products - EWEC will utilise agreement to continue its investment in transformative innovations to decarbonise the energy sector
Under the directives of Mohamed bin Zayed
To enhance the capabilities of the health sector to contain the novel Covid-19
Program will equip key decision makers with the practical skills, industry insights and professional networks necessary to unlock future economic growth from AI
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