Understanding between “Enok” and “DPDDDD” and “Ports and Jammar” to strengthen the energy sector

The Inok Energy Group signed a memorandum of understanding with the “DB World” and “Ports, Customs and Free Zone”, to explore opportunities for cooperation at the local and global levels in pivotal sectors, including energy, logistics and infrastructure, and other relevant industrial sectors, on the sidelines of the 27th session of the Water, Energy and Environment Technology Exhibition (Witix) at the Dubai World Trade Center.

According to a press release, issued yesterday, this agreement represented the beginning of long -term cooperation between three of the most influential bodies in Dubai, and sets the basis for a strategic partnership that enables the parties to evaluate and develop projects that support the process of economic growth in Dubai, and contribute to diversifying energy sources and developing the infrastructure of the emirate.

The Memorandum of Understanding was signed in the presence of the CEO of the Ports and Customs Corporation and the Free Zone CEO of Institutional Security, Government Relations and Public Affairs in the DP World Ports Group «DPDDRID), Nasser Al -Neyadi, and the Acting CEO of Inok Group, Hussein Sultan Lootah, along with a number of members of senior management in the three institutions.

This partnership allows harnessing the joint strengths of the participating parties, including the “DB World” global network in the field of logistical services, organizational capabilities and infrastructure of the Ports, Customs and Free Zone Corporation, and the experience of the Inoc Group in the value chain for the energy sector, which contributes to enhancing innovation and competitiveness, and achieving sustainable value within the UAE and outside.

“This partnership represents a pivotal and important step towards enhancing the integration of our economic and logistical systems, supporting the process of sustainability, and opening new horizons for investment and development at the local and international levels, and supports the Dubai Economic Agency D33.”