New Delhi, May 4 -- The United Arab Emirates' decision to exit OPEC and OPEC+ serves as a strategic component of a broader economic reset designed to reshape the country's industrial base and enhance national resilience, said Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, and Executive Chairman of XRG.

According to a report by Gulf News, speaking at the opening of the Make it in the Emirates Forum, Al Jaber noted that the move provides policymakers with greater flexibility in global energy markets while deepening the domestic economy. He noted that the decision aligns with a national vision to integrate industrial output with advanced technology.

"The United Arab Emirates'...