ADNOC Welcomes Regulatory Clarity for Businesses in Abu Dhabi Free Zones
ADNOC, a leading oil and gas company in Abu Dhabi, has welcomed two key decisions issued by the Ministry of Finance, which aim to provide greater clarity for businesses operating in Free Zones and engaging in energy and commodity trading. The decisions, Ministerial Decisions No. 229 and 230 of 2025, are expected to strengthen ADNOC's trading and financial operations, support growth across physical and digital trading platforms, and enhance cross-border operational efficiency. The measures reinforce the UAE's position as a leading global hub for energy and commodity markets.
Key Takeaways:
- Ministerial Decisions No. 229 and 230 of 2025 provide greater clarity for businesses operating in Abu Dhabi's Free Zones and engaging in energy and commodity trading.
- The decisions aim to strengthen ADNOC's trading and financial operations, supporting growth across physical and digital trading platforms.
- The measures broaden the scope of qualifying commodities to include industrial chemicals and environmental products.
- The formal recognition of related-party treasury services enhances certainty for internal financing and cross-entity collaboration.
- Recognition of Price Reporting Agencies strengthens consistency in valuation, pricing mechanisms, and financial reporting, enabling greater transparency and agility across ADNOC's global trading footprint.
- ADNOC's trading businesses, ADNOC Trading and ADNOC Global Trading, have rapidly expanded since their launch in 2020, supporting ADNOC's broader transformation.
Statistics:
- ADNOC's trading businesses have expanded since their launch in 2020.
- ADNOC continues to scale its global reach with a growing network of trading offices in Abu Dhabi, Singapore, and Geneva.
- ADNOC has a presence in multiple Free Zones in Abu Dhabi.
Sources:
- Ministerial Decisions No. 229 and 230 of 2025, issued by the Ministry of Finance,
- ADNOC website, Group Chief Financial Officer Khaled Al Zaabi's statement,
- ADNOC website, Chief Executive Officer Ahmad bin Thalith's statement.