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Adnoc builds its LNG control room
Adnoc has folded its LNG marketing and trading operations into a single platform — combining Adnoc Gas and XRG’s marketing arms with Adnoc Trading’s trading desk, according to a press release (pdf). The platform is targeting a combined marketable LNG portfolio of 47 mn tons per annum by 2035.
How it works: Abu Dhabi becomes the hub for long-term LNG marketing, while Adnoc Trading remains the counterparty for trading activity — leaving existing customer relationships and Adnoc Gas’ current commercial LNG arrangements completely unaffected.
Why it matters: The launch marks the latest step in Abu Dhabi’s strategy to build an integrated global LNG business spanning upstream gas production, liquefaction, shipping, trading, and marketing. Bringing these functions together should give Adnoc greater flexibility to redirect cargoes, optimize routes, and capture value across the global LNG markets.
Dubai’s Whiteshield banks USD 15 mn to scale up its AI platform
Dubai-based AI policy intelligence firm Whiteshield Group landed a USD 15 mn senior secured credit facility to expand its platform for governments, multilaterals, and corporates, according to a press release. The financing comes from funds managed by ADGM-based Ruya Partners. It marks the seventh transaction from Ruya’s flagship fund and its first outside sectors like power, food, and logistics-tech.
BACKGROUND- Founded in 2011 by Fadi Farra (LinkedIn), Whiteshield builds AI systems that help governments manage economic competitiveness, workforce transformation, and human capital planning. Operating primarily out of Dubai and Riyadh, the firm has deployed its product suite to reach more than 20 mn citizens, support 200k jobs, and factor into trade interventions across 37 countries, the statement read.
GO DEEPER- We reported last month that private debt overtook venture capital in the GCC for the first time in 2025, hitting USD 4.1 bn — but fintech still soaked up 95.5% of that. A credit fund backing an AI policy firm is an early sign the money is starting to look past fintech.
Tadweer taps Urbaser for recycling plant
Tadweer brings on int’l weight for a new recycling facility: Abu Dhabi-based waste management player Tadweer enlisted Spanish circular economy solutions firm Urbaser to build and operate a materials recovery facility in Abu Dhabi, according to Wam. No investment ticket was disclosed, but the facility is slated to process 200k tons of municipal waste and 200k tons of industrial and commercial waste per year when it comes online in 2028.
The ownership breakdown: The plant will operate as a JV under a five-year agreement, with Tadweer holding a 40% stake and Urbaser taking 60%. Urbaser, which is backed by Swedish international investment player EQT and Blackstone, already operates across Oman and Bahrain.
IN CONTEXT- Emirati players have recently been making moves to boost access to raw materials supplied through recycling. Emirates Global Aluminium’s Al Taweelah aluminum recycling plant went back online in May, after Iranian missile strikes disrupted initial production. This followed the company’s acquisition of a stake in Italy’s Eco Green to secure access to scrap aluminum supply.
Hamriyah launches AED 60 mn steel plant
In its first foray beyond its home market, Indian steelmaker Shyam Steel Group inaugurated a manufacturing facility in Sharjah’s Hamriyah Freezone at an initial investment of AED 60 mn, Wam reports. The project has an annual capacity of 24k tons of aluminum alloys and 6k tons of copper alloys.
What’s next? A phased AED 150 mn investment will back the project’s future growth, expanding manufacturing capabilities, product diversity, and market competitiveness. The company also plans to double direct employment to approximately 100 workers, alongside creating dozens of indirect jobs.
