Global Leaders at ADNOC Majlis to Explore AI, Energy, and Investment

This Sunday, Abu Dhabi will host a pivotal gathering of global leaders from the energy, technology, investment, and government sectors at the ENACT Majlis. The central focus of this high-level meeting is to explore the powerful convergence of artificial intelligence, energy systems, and financial investment. The objective is to forge integrated solutions that unlock AI’s immense potential to accelerate sustainable economic growth and enhance worldwide prosperity.

The ENACT Majlis is being hosted by Dr. Sultan Ahmed Al Jaber, who serves as the UAE’s Minister of Industry and Advanced Technology, Managing Director and Group CEO of ADNOC, Chairman of Masdar, and Executive Chairman of XRG. The event is organized in partnership with Masdar and XRG. It aims to stimulate the creation of innovative and practical strategies, specifically addressing how the foundational sectors of energy, technology, and finance can collectively fuel the future development of AI for a growth-oriented global economy.

This forum is deeply rooted in the Emirati tradition of fostering open, bold, and solution-focused dialogue. It serves to strengthen Abu Dhabi’s influential position in shaping the future trajectories of energy, technology, and international investment, thereby creating new pathways for sustainable development. The timing of the Majlis is strategic, taking place just ahead of ADIPEC, the world’s premier energy industry event scheduled for November 3-6 in Abu Dhabi.

Dr. Al Jaber commented on the critical nature of the discussions, stating, “Artificial intelligence is accelerating progress across every sector, but it’s also driving a surge in energy demand. The ENACT Majlis will bring together leaders from energy, technology, policy and finance to align efforts and ensure AI has the power it needs to thrive.” He further emphasized the dual opportunity, adding, “At the same time, we must also unlock AI’s potential to boost energy efficiency and abundance – foundations for sustainable growth and global prosperity. This means investing in the core systems that will power the AI era: from scalable energy and advanced grids to high-efficiency AI infrastructure.”

The upcoming event marks the third installment of the ENACT Majlis series. The inaugural session, held in Abu Dhabi in November 2024, concentrated on connecting the critical links between energy, technology, policy, and finance. Its purpose was to address the sharp increase in demand driven by AI and to capitalize on the emerging opportunities at the intersection of energy and artificial intelligence. A subsequent meeting took place in Washington DC this past June, focusing on the significant expansion of data centers within the United States, the world’s largest economy, which is projected to account for over one-third of all new global data center construction by the year 2030.

The ENACT Majlis is expected to see participation from a wide array of prominent figures. Confirmed attendees include Omar Sultan Al Olama, UAE Minister of State for AI and the Digital Economy. The forum will also feature contributions from other distinguished leaders, including Dong Sub Kim, President and CEO of the Korea National Oil Corporation; Jason Liu, CEO of Wood Mackenzie; Brad Smith, Vice Chair and President of Microsoft Corporation; Jake Loosararian, Co-founder and CEO of Gecko Robotics; Arthur Mensch, CEO and Co-founder of Mistral AI; Andrew Feldman, CEO and Co-founder of Cerebras Systems; Bruce Flatt, CEO and Chair of the Board of Brookfield Asset Management; Tony O. Elumelu, Chairperson of United Bank for Africa; and Eric Cantor, Vice Chairman and Managing Director of Moelis.

(Source: Economy Middle East)