Author: MoneySecrets
Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Special Envoy to the Federal Republic of Germany, and Katrin Eder, German Federal Minister for Economic Affairs and Climate Action, witnessed the official launch of the UAE-Germany Business Council (GUBC) during a high-level ceremony in Berlin. The event brought together more than 150 prominent business leaders and senior officials from both countries and formed part of the official visit of Dr. Al Jaber to Germany. The establishment of the UAE-Germany Business Council reflects the strong and long-standing economic partnership between the two nations, built over five decades…
Andrey Slepnev, Minister in charge of Trade at the Eurasian Economic Commission, affirmed that the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and the Eurasian Economic Union (EAEU) represents a strategic milestone in deepening economic cooperation between the two sides. He noted that the agreement will support trade diversification efforts and enhance mutual investment flows. Slepnev said, “The UAE is one of the most prominent trading partners for EAEU countries, with its share in the Union’s total foreign trade rising to two percent, placing it among the top ten global trading partners for the Eurasian Union.”He pointed out that…
In a special episode of the “Money Secrets” podcast, economic content creator Ahmed Elgamal hosted Mr. Olympia Big Ramy in an inspiring conversation about his journey to global fame and how sports can become a sustainable source of income. Big Ramy emphasized that success is never accidental; it’s a daily decision driven by passion, commitment, and long-term planning. He explained that bodybuilding, like any other sport, can be a powerful income stream if athletes look beyond trophies and invest in building a personal brand, a fan base, and a financial roadmap for life after retirement. He stressed the importance of…
The United Arab Emirates topped the list of crude oil exporters to Japan in April 2025, supplying Tokyo with 34 million barrels, according to official Japanese data. This volume accounted for 45.5% of Japan’s total oil imports for the month, as reported by the Agency for Natural Resources and Energy under Japan’s Ministry of Economy, Trade, and Industry. In total, Japan imported 74.77 million barrels of crude oil in April. Arab countries dominated Japan’s oil imports, providing 94.1% (equivalent to 70.40 million barrels) of the total supply. These imports came from the UAE, Saudi Arabia, Qatar, Kuwait, Oman, and Sudan.…
Jasim Husain Thabet, CEO and Managing Director of Abu Dhabi National Energy Company (TAQA) stated that the company’s market value is approximately AED 360 billion, ranking it among the top five utilities in Europe, Africa, and the Middle East for power generation, transmission, and water desalination, with operations in 25 countries. Speaking on the sidelines of the 2025 World Utilities Congress, Thabet emphasized that the participation of 1,800 delegates from over 110 countries to discuss energy transition and water security challenges reflects Abu Dhabi’s global leadership in innovation, desalination, clean energy, and infrastructure development. He noted that TAQA has doubled…
His Excellency Suhail bin Mohammed Al Mazrouei, UAE Minister of Energy and Infrastructure, affirmed that the vision of the UAE’s wise leadership has been the cornerstone of a transformative shift in the country’s energy and utilities sector. In his opening remarks at the World Utilities Congress 2025, held in Abu Dhabi, H.E. Al Mazrouei stated that thanks to the directives of its leadership and proactive strategies, the UAE has become a global benchmark in energy production efficiency, utility sustainability, and long-term planning. He added: “Today, we are witnessing real achievements made possible by our leadership’s forward-looking vision, which began early…
ADNOC Drilling announced that ADNOC Offshore has awarded it a 15-year contract worth AED 4.22 billion to operate two offshore drilling rigs in support of offshore field development operations. This contract builds on existing agreements aimed at generating long-term revenue and delivering attractive returns. Abdulrahman Abdullah Al Seiari, CEO of ADNOC Drilling, stated that the awarding of the contract reflects strong confidence in the company’s technical capabilities, operational efficiency, and ability to create long-term sustainable value. He affirmed that the company will deliver exceptional service to ADNOC Offshore by integrating artificial intelligence, automation, digitalization, and high performance from its most…
The Abu Dhabi Department of Energy has announced its participation as a key supporter of the World Utilities Congress 2025, taking place from May 27 to 29 at the Abu Dhabi National Exhibition Centre, organized by Abu Dhabi National Energy Company (TAQA). This year’s congress is themed “Innovation for a New Era in Utilities” and serves as a leading international platform that brings together decision-makers, experts, and innovation leaders from the global energy and water sectors. The event aims to explore future trends and showcase cutting-edge solutions that promote energy and water supply security and sustainability. Under the slogan “Energy,…
ADNOC announced that its “In-Country Value (ICV) Program for the Industrial Sector” has contributed to providing 17,000 job opportunities for Emirati talents within its strategic private sector partners, highlighting the significant impact the program has made since its launch in 2018. Eng. Salem Bafaraj, VP, In-Country Value (ICV) & Industrial Development at ADNOC Group, stated during the largest edition of the “Manufacturers Exhibition”, held for the first time as part of the fourth “Make it in the Emirates” forum, that ADNOC is committed to training and empowering UAE nationals in line with the leadership’s vision to invest in young Emirati…
The Abu Dhabi Department of Energy has announced its participation as a key supporter of the World Utilities Congress 2025, taking place from May 27 to 29 at the Abu Dhabi National Exhibition Centre, organized by Abu Dhabi National Energy Company (TAQA). This year’s congress is themed “Innovation for a New Era in Utilities” and serves as a leading international platform that brings together decision-makers, experts, and innovation leaders from the global energy and water sectors. The event aims to explore future trends and showcase cutting-edge solutions that promote energy and water supply security and sustainability. Under the slogan “Energy,…