Nearly 400 UAE-based companies secured contracts worth over $17bn in the first half of 2025 from ADNOC, as the energy giant ramps up efforts to drive local economic growth and strengthen national supply chains.
The contracts span sectors including drilling, logistics, EPC services, and operational support, reinforcing ADNOC’s commitment to its In-Country Value (ICV) programme which also plans to inject an additional $54.5bn into the UAE economy over the next five years.
By prioritising local procurement, the company aims to empower domestic businesses and support long-term private sector development.
Gulf Economist Staff Writer