Sultan Ahmed Al Jaber, UAE minister and CEO of Adnoc, spoke about the impacts of a disruption in the Strait of Hormuz on the global economy. A significant share of essential commodities is transported through the route.
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Oil prices fell and stocks rose after U.S. President Donald Trump said the country will not target Iran’s energy infrastructure over the next five days.
Sultan Al Jaber advocated for carbon dioxide capture technologies at a press conference. He said renewable sources like solar and wind could not be the only answer to curb global warming.
Gas company did a initial public offering on the Abu Dhabi Stock Exchange. It was the biggest demand ever seen for an IPO in the Middle East and North Africa.
Fuel retailer opened a fully autonomous convenience store using AI technology. Plan is rolling out the new concept across the country.
