Reports

Iranian attacks will not discourage us

The Minister of Industry and Advanced Technology, Managing Director and CEO of ADNOC and its group of companies, Dr. Sultan bin Ahmed Al Jaber, confirmed that Iran’s blatant attacks on the UAE “will not discourage us,” stressing that the country is not a party to the ongoing war in the region. He said in statements to the Wall Street Journal that, by closing the Strait of Hormuz, Iran is waging a global economic war and this is not a regional issue, but rather a global issue that will lead to high inflation, a slowdown in the economy, and an increase in the cost of living for families. He added: “After the aggression stops, we will be able to quickly restore production and return to our maximum capacity.”

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