Oil and gas, renewables, storage and environmental industries
ADIPEC 2026 in Abu Dhabi will host a record 353 Asian companies and six national pavilions, including China. Chinese participants include Sinopec, CNPC, CNOOC, and battery manufacturer CATL, alongside ZhenHua Oil Chairman Wang Yuetao as a confirmed speaker.
BYD presented its largest commercial electric vehicle range to date at the IAA Transportation 2026 show in Hannover, spanning from 3.5-tonne delivery vans to 44-tonne heavy-duty trucks. The flagship ETT 44 electric tractor features roughly 1,000 hp, a 651 kWh Blade Battery, 600 km of range, and 1.5 MW ultra-fast charging. While launched for Europe, industry observers note the lineup signals potential technology transfers to UAE and Gulf commercial logistics fleets.
Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed Al Nahyan is leading a $300 billion sovereign wealth fund focused on infrastructure to bypass the Strait of Hormuz, according to Bloomberg. People familiar with the matter indicated the vehicle is likely to invest tens of billions of dollars more in port infrastructure outside the waterway.
Abu Dhabi's $300 billion sovereign wealth fund L'imad Holding plans to deploy billions of dollars into port infrastructure located outside the Strait of Hormuz. The initiative forms part of the UAE's broader strategy to reduce maritime supply route dependency on the contested waterway. The sovereign platform, led by Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed Al Nahyan, recently proposed privatising AD Ports Group to accelerate strategic logistics projects.
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