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”Stability and Security is paramount to Economic Growth” says ADNOC Group CEO

Media IN LONDON, 25th June, 2019 (WAM)

Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and ADNOC Group CEO, participated, today, in the inaugural ‘Bloomberg Emerging and Frontier Forum’, which brought together global financial policymakers in a dialogue on the key economic issues related to growth in emerging and frontier markets.

During his speech, Dr. Al Jaber began his remarks by noting that stability and energy security are paramount to economic growth.

The United Arab Emirates is the sixth largest oil reserves in the world, views very seriously any threat to security of energy supplies.

He further said that Any attack on a single tanker is an assault on the entire international community. It is a violation of the core values of free trade, peace, and prosperity that the UAE and peaceful nations stand for.

That is why the UAE will work together with our friends and allies to defuse and deescalate the current threat and help ensure regional stability and the security of energy supplies to global customers.

He added, “Now is the time for wisdom, diplomacy and the concerted efforts of the international community, as we all have an interest in stable and secure market. They are the essential foundation for economic progress.”

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