Supreme Council for Financial and Economic Affairs

Cosmo awarded exploration concession for Offshore Block 4 and will invest up to $145 million (AED532 million) during the exploration phase  Agreement further strengthens ADNOC’s long-standing partnership with Cosmo as well as the UAE-Japan strategic bilateral relationship

Council to set public policy for financial, investment, economic, petroleum and natural resources affairs in the emirate, enhancing their importance, preserving gains and supporting Abu Dhabi’s future growth Council to set a roadmap capable of overcoming various financial and economic challenges, addressing any potential impact on Abu Dhabi’s development plans and financial sustainability, and cementing a culture of efficient spending and management of revenue resources