Dubai: ENOC Group has signed a strategic Memorandum of Understanding (MoU) with DP World and the Ports, Customs and Free Zone Corporation (PCFC) to jointly explore global and local opportunities across key sectors such as energy, logistics, infrastructure, and other related industrial sectors. The signing took place during the 27th Water, Energy, Technology, and Environment Exhibition (WETEX) at the Dubai World Trade Centre.
According to Emirates News Agency, the agreement marks the beginning of a long-term collaboration between three of Dubai's most influential entities. It establishes a framework for cooperation, enabling the parties to evaluate and develop strategic projects that support Dubai's economic growth, energy diversification, and infrastructure development.
The MoU was signed in the presence of Nasser Abdulla Al Neyadi, CEO of PCFC and Group Chief Security Officer at DP World, and Hussain Sultan Lootah, Acting Group CEO, ENOC, along with other senior leaders from the three organisations.
This strategic alliance will allow the parties to leverage their combined strengths, including DP World's global logistics network, PCFC's regulatory and infrastructure capabilities, and ENOC's expertise across the energy value chain, to drive innovation, competitiveness, and long-term value creation within the UAE and beyond.
Nasser Al Neyadi stated that the collaboration aligns with the vision of Dubai's leadership and its ambition to reinforce its role as a global hub for trade, energy, and logistics. He emphasized that this partnership is a significant step toward greater integration of economic and logistics ecosystems, advancing sustainability, and unlocking new horizons for investment and development locally and internationally, in support of the Dubai Economic Agenda D33.
Hussain Lootah added that the partnership reinforces ENOC's commitment to operational excellence, energy resilience, and sustainable growth. He highlighted that by exploring transformative opportunities across energy and logistics value chains, the collaboration supports Dubai's vision to be a global leader in innovation, integration, and sustainable development.
This strategic agreement reflects Dubai's ambition to foster public-private collaboration and global partnerships that accelerate economic diversification, infrastructure advancement, and energy security.