The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

Fujairah Signs Energy and Mining Cooperation Deals with Morocco

Fujairah Signs Energy and Mining Cooperation Deals with Morocco

Post by : Mariam Al-Faris

The Fujairah Natural Resources Corporation (FNRC) and the Fujairah Oil Industry Zone (FOIZ) have signed important cooperation agreements with Morocco’s National Office of Hydrocarbons and Mines (ONHYM). The agreements were finalised during the Crans Montana Forum in Rabat, highlighting Fujairah’s growing focus on global partnerships in energy and mining.

FNRC–ONHYM Agreement on Minerals and Research

The agreement between FNRC and ONHYM targets scientific and technical collaboration in mineral exploration. It includes exchanging geological data, specialist training programs, and conducting joint research projects. The aim is to promote sustainable management of natural resources, ensuring long-term benefits for both Fujairah and Morocco.

Strategic Vision for Resource Management

Engineer Ali Mohammed Qasem, Director General of FNRC, explained that the partnership aligns with Fujairah’s strategic vision to strengthen regional and international cooperation in energy and mining. He emphasized that sharing technical expertise and knowledge through ONHYM would help advance sustainable resource management while supporting economic growth in both nations.

FOIZ–ONHYM Cooperation in Energy Sector

The agreement between FOIZ and ONHYM focuses on boosting collaboration in oil, gas, and renewable energy. It also covers sharing expertise in industrial technologies, infrastructure development, and improving efficiency and innovation in petroleum operations. This partnership is expected to enhance the capabilities of Fujairah’s energy sector.

Fujairah’s Energy Leadership

Captain Salem Al Afkham, Director General of FOIZ, said the deal reflects Fujairah’s efforts to strengthen its position as a global hub for oil storage and trade. He added that the collaboration with ONHYM demonstrates sustainable economic cooperation, driven by knowledge exchange, technological integration, and long-term strategic planning.

The two agreements are part of Fujairah’s broader plan to expand its international presence in energy, mining, and renewable energy markets. By building strong partnerships, the emirate aims to become a leading platform in the region for industrial development and innovation. Both nations are expected to benefit from shared expertise, advanced research, and sustainable economic growth.

These collaborations underline Fujairah’s ambition to grow as a major player in the global energy and mining industries. By partnering with international organizations like ONHYM, Fujairah can attract investment, enhance its industrial capabilities, and reinforce its role as a strategic hub for regional and global energy markets.

Oct. 6, 2025 12:55 p.m. 1236
GCC News UAE News Gulf News Business Updates

More Trending News

Featured Stories

Iran Commits to Nuclear and Missile Defense Amid Rising Global Tensions
April 30, 2026 6:32 p.m.
As global tensions rise, Iran insists on protecting its nuclear and missile capabilities. Explore insights into regional security implications.
Read More
CENTCOM Updates Trump on Military Strategies Concerning Iran
April 30, 2026 5:23 p.m.
Military leaders share new strategies with Trump amid rising US-Iran tensions. Analysis of the evolving situation and its global implications.
Read More
Dubai CDA Partners with British University to Enhance Social Sector Skills
April 30, 2026 4:45 p.m.
Dubai CDA and British University collaborate to elevate training standards and improve social services aligned with Dubai Social Agenda 2033.
Read More
Emirates SkyCargo Unveils New Freighter Service to Toronto
April 30, 2026 4:41 p.m.
Emirates SkyCargo enhances trade with a new freighter service to Toronto, increasing cargo capacity and logistics efficiency.
Read More
Dubai Chamber Collaborates with FedEx to Enhance Supply Chain Resilience
April 30, 2026 4:35 p.m.
Dubai Chamber and FedEx engage 196 companies to enhance supply chain resilience amid global trade challenges.
Read More
Israel's Recent Interception of Aid Ships to Gaza Sparks Concerns
April 30, 2026 4:23 p.m.
Israel intercepts aid ships off Gaza's coast, igniting fears about humanitarian access and escalating regional tensions.
Read More
Rockets Rally to Beat Lakers in Playoff Clash Despite LeBron's Best Efforts
April 30, 2026 3:42 p.m.
Lakers falter against Rockets in Game 5 despite LeBron James' strong play, as series becomes increasingly competitive.
Read More
Bali's Waste Management Emergency Following Landfill Shutdown
April 30, 2026 3:10 p.m.
Following the landfill closure, waste accumulation in Bali raises alarm over tourism and health implications, urging immediate action.
Read More
Strengthening Trade and Ties: Turkmenistan and Moldova Meet
April 30, 2026 3:02 p.m.
High-level discussions in Moldova aim to enhance parliamentary relations, trade cooperation, and cultural exchange between Turkmenistan and Moldova.
Read More
Sponsored
Trending News