Khaleej Times

Tech solutions to boost UAE energy sector

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new york — Dr Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company, Adnoc, on Wednesday participat­ed in the second annual Bloomberg Global Business Forum, which brought together global leaders, from public and private sectors, to help shape the next phase of global economic growth.

Held in New York, alongside the UN General Assembly, the forum encourages presidents, prime ministers and CEOs to collaborat­e on economic issues by reaching a better understand­ing of the mutual opportunit­ies to strengthen global prosperity.

During the day-long forum, Dr Al Jaber took part in two roundtable sessions, the first of which focused on how companies are embracing technology advances to increase efficienci­es and remain successful, and the second on increasing access to energy to drive greater and sustainabl­e global economic expansion.

“We live in a world where the pace of innovation is affecting every industry and cutting across every aspect of business. The energy sector can maximise its efficiency and effectiven­ess by applying the latest technologi­es from artificial intelligen­ce, digitisati­on and data analytics. The fast adoption of these breakthrou­gh technologi­es will help ensure we meet the world’s growing energy needs, create new market opportunit­ies and address inequaliti­es in access to energy,” Dr Al Jaber said. —

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