9 | | NOVEMBER 2026NAMA ELECTRICITY DISTRIBUTION EYES INVESTMENT IN OMANSONOWAL TO PITCH INDIA'S MARITIME OPPORTUNITY TO KOREAN INDUSTRYADNOC UNVEILS $16 BILLION IN LOCAL MANUFACTURING OPPORTUNITIESNama Electricity Distribution is considering investing in Oman due to its ongoing efforts to establish infrastructure for electricity distribution in the country. Such investments can play a crucial role in enhancing the reliability of the network, increasing its capacity and meeting the rising demand for electricity in residential, commercial and industrial sectors. Developing modern solutions for electricity distribution is necessary not only to meet the rising demand but also for efficient integration of renewable energy sources. The Minister of Ports, Shipping, and Waterways in India, Sarbananda Sonowal, will be promoting India's maritime investment potential in South Korea's industries. The initiative will be geared towards improving cooperation between India and South Korea on matters related to shipping and maritime infrastructure. India has been trying to get more investments in the development of its maritime capacity through ports modernization and logistics connectivity. The engagement between India and South Korean industries will be helpful in achieving that aim. Abu Dhabi National Oil Company (ADNOC) has announced $16 billion worth of local manufacturing opportunities, reflecting its commitment to enhance the industrial capabilities within the country. This program is likely to provide an opportunity for manufacturers and suppliers to become part of the supply chain of the organization while facilitating industrial growth within the UAE. Local manufacturing programs may assist in cutting down dependence on imports, building up domestic skills and creating jobs. This announcement from ADNOC also reflects the strategy of economic diversification within the UAE.
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