Adnoc to Spend More Than $16.3 Billion on UAE Manufacturing
Abu Dhabi National Oil Co. said it would spend more than 60 billion dirhams ($16.34 billion) on contracts for local firms to boost domestic manufacturing capabilities.
By Adam WhittakerAbu Dhabi's national oil-and-gas company said it would spend more than 60 billion dirhams ($16.34 billion) on contracts for local firms in a bid to boost the United Arab Emirates' domestic manufacturing capabilities.Adnoc, or Abu Dhabi National Oil Co., said Sunday that money is fo…