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Finance World Magazine| Edition: February 2024

This edition of Finance World magazine delves into the intricate tapestry of family businesses that form the backbone of the UAE's economic landscape. While the world marvels at the skyscrapers that adorn the horizon, it is the stories of resilience, tradition, and financial acumen within these family enterprises that define the nation's economic fabric. The cover story highlights some of the influential family businesses that traverse diverse sectors within the UAE, weaving together a narrative that profoundly influences the nation's economic trajectory. Furthermore, articles such as 'Exploring The AlMulla Brothers' Visionary Approach to Healthcare' and 'Innovation in Elevation: Al Habtoor Real Estate's Landmark Projects of 2023' navigate the influential role of family businesses in driving growth within diverse sectors. Moreover, the magazine explores regulatory initiatives taken by the UAE to boost family businesses within the country and their consequential impact on the economy. Articles including, 'The Economic Significance of Family Businesses in the UAE' and 'UAE's Unified Registry Launch: Strengthening Family Business Governance' provide insights into these regulatory measures. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

This edition of Finance World magazine delves into the intricate tapestry of family businesses that form the backbone of the UAE's economic landscape. While the world marvels at the skyscrapers that adorn the horizon, it is the stories of resilience, tradition, and financial acumen within these family enterprises that define the nation's economic fabric.

The cover story highlights some of the influential family businesses that traverse diverse sectors within the UAE, weaving together a narrative that profoundly influences the nation's economic trajectory. Furthermore, articles such as 'Exploring The AlMulla Brothers' Visionary Approach to Healthcare' and 'Innovation in Elevation: Al Habtoor Real Estate's Landmark Projects of 2023' navigate the influential role of family businesses in driving growth within diverse sectors.

Moreover, the magazine explores regulatory initiatives taken by the UAE to boost family businesses within the country and their consequential impact on the economy. Articles including, 'The Economic Significance of Family Businesses in the UAE' and 'UAE's Unified Registry Launch: Strengthening Family Business Governance' provide insights into these regulatory measures.

Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

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Energy<br />

Image Supplied<br />

ADNOC lifts investment in the decarbonisation sector to $23bn by 2030 from the previous $15bn.<br />

Towards Net-Zero:<br />

ADNOC’s<br />

Decarbonisation<br />

Odyssey in <strong>2024</strong><br />

ADNOC strives to balance its role as a major energy<br />

producer with a proactive stance on sustainability<br />

and decarbonisation.<br />

As the 12th largest global oil producer,<br />

the Abu Dhabi National Oil Company<br />

(ADNOC), a state-owned entity in the<br />

UAE, is at the forefront of the energy<br />

landscape. With a robust oil production<br />

capacity exceeding 4 million bpd in<br />

2021 and ambitious plans to increase<br />

to 5 million bpd by 2030, ADNOC is<br />

strategically positioned for growth.<br />

Recognising the pressing environmental<br />

challenges, the company has embarked<br />

on significant initiatives to reduce carbon<br />

emissions. Under the leadership of CEO<br />

Sultan al-Jaber, known for his commitment<br />

to informed decision-making, ADNOC<br />

has kickstarted <strong>2024</strong> with impactful<br />

sustainability endeavours, as highlighted<br />

in this article. These initiatives underscore<br />

ADNOC’s dedication to a sustainable and<br />

responsible energy future.<br />

40 www.thefinanceworld.com <strong>February</strong> <strong>2024</strong>

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