Khaled bin Mohamed bin Zayed holds talks with XRG board members

Photo : Abu Dhabi Media Office

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, met with the Board of Directors of XRG, a company that invests in gas, chemicals, and low-carbon energy. The meeting was to talk about XRG’s future plans and how it can help meet the world’s growing need for cleaner energy.

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His Highness looked at different investment chances for XRG and spoke about how important the company is in the energy sector. He said that XRG should focus on projects that match ADNOC’s goals. He also shared how working with strong global partners will help the company succeed and support economic growth.

XRG was started during ADNOC’s Annual Board of Directors Meeting in November 2024. It is worth over AED 290 billion (US$80 billion). The company wants to help the world by investing in energy that produces less pollution while also helping economies grow. XRG plans to invest in big projects that provide energy while also caring for the environment.

Many important people joined the meeting. His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, Managing Director and Group CEO of ADNOC, and Executive Chairman of XRG, was there. Also present were His Excellency Dr. Ahmed Mubarak bin Nawi Al Mazrouei, Chairman of the President’s Office for Strategic Affairs and Chairman of the Abu Dhabi Executive Office, and His Excellency Saif Saeed Ghobash, Secretary General of the Abu Dhabi Executive Council. Business leaders from around the world, including Jon Gray, President and Chief Operating Officer of Blackstone, Nassef Sawiris, Executive Chairman of OCI Global, and Bernard Looney, Chairman of Prometheus Hyperscale, also attended the meeting.

XRG’s creation is an important step for ADNOC in making its energy business stronger. By focusing on gas, chemicals, and clean energy, XRG wants to play a big role in shaping the future of energy while helping the world become more sustainable.

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