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Industry News
Source: Aaj English TV

OpenAI Partners with ADNOC and Abu Dhabi Entities in Broad UAE AI Expansion

UAE state oil company ADNOC has announced a partnership with OpenAI and Emirati AI firm G42 to deploy the OpenAI Frontier platform across its operations. The deal is part of a broader series of agreements witnessed by Abu Dhabi Crown Prince Khaled bin Mohamed al-Nahyan to integrate artificial intelligence across energy, sovereign investment, and government services. Planned initiatives include predictive oil modeling, investment analysis with Mubadala, and an AI-native regulatory compliance pilot for government permitting.

Industry News
Source: Securities Finance Times

Advent to Acquire Vermeg with ADIA Subsidiary Joining as Minority Co-Investor

Global private equity firm Advent has signed an agreement to acquire financial software firm Vermeg from Charterhouse Capital Partners and founder Badreddine Ouali. A wholly owned subsidiary of the Abu Dhabi Investment Authority is participating as a minority co-investor. Founder Badreddine Ouali will remain a shareholder and become vice chairman, while Advent operating partner Mike Ettling will become chairman upon completion.

Industry News
Source: UrduPoint

UAE Plans Up to AED 200 Billion Energy Investment by 2030

The UAE plans to invest between AED 150 billion and AED 200 billion in its energy sector by 2030, according to Minister of Energy and Infrastructure Suhail Al Mazrouei. Speaking at ADIPEC 2026, the minister highlighted rising demand from advanced industries, artificial intelligence, and data centers. Clean energy accounted for 32.4% of the UAE's electricity generation in 2025, progressing toward a 35% target by 2031.

China–UAE News
Source: Emirates News Agency (WAM)

ADIPEC 2026 opens with record Asian participation and Chinese national pavilion

The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2026) has opened featuring a record 353 companies from across Asia. China is featured with a dedicated national pavilion alongside five other Asian countries. Chinese firms are showcasing technologies in energy exploration, digital transformation, artificial intelligence, and lower-emission equipment.

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