Yousef Al Omeir
Encyclopedia
Yousef Omeir bin Yousef is the Chairman and CEO of the Abu Dhabi National Oil Company (ADNOC)
. Born in 1958 he is considered one of the doyens of the UAE Oil Industry
and is very closely connected to the Royal Family of Abu Dhabi.
Yousef Bin Omeir comes from one of the wealthiest families of Abu Dhabi. His family has extensive business interests in the country. Their businesses include licenses awarded to them to import choice goods into the country, real estate, construction, petroleum services and supply, military equipment supply and is also a large player in the service sector. Omeir Travels & Omeir Holidays are the biggest travel agency
in the Emirate of Abu Dhabi and Omeir Automobiles is the sole importer of Peugeot cars into the UAE. The family also has huge stakes in many businesses in the Emirates. It is widely said that before the discovery of oil made the Royal Family stupendously rich, the Al Omeirs were the richest family in the entire country.
Al Omeir served as the country's Oil Minister for several years before taking more domestic responsibilities as the Chairman of ADNOC. Al Omeir also sits on the UAE's Supreme Petroleum Council, a powerful body that is responsible for the vast oil reserves
of the country and the Emirate of Abu Dhabi.
ADNOC
The Abu Dhabi National Oil Company or ADNOC is the state-owned oil company of the United Arab Emirates . It is considered to be the world's fourth largest oil company with access to country's oil and gas reserves, .-Operations:...
. Born in 1958 he is considered one of the doyens of the UAE Oil Industry
Petroleum industry
The petroleum industry includes the global processes of exploration, extraction, refining, transporting , and marketing petroleum products. The largest volume products of the industry are fuel oil and gasoline...
and is very closely connected to the Royal Family of Abu Dhabi.
Yousef Bin Omeir comes from one of the wealthiest families of Abu Dhabi. His family has extensive business interests in the country. Their businesses include licenses awarded to them to import choice goods into the country, real estate, construction, petroleum services and supply, military equipment supply and is also a large player in the service sector. Omeir Travels & Omeir Holidays are the biggest travel agency
Travel agency
A travel agency is a retail business that sells travel related products and services to customers on behalf of suppliers such as airlines, car rentals, cruise lines, hotels, railways, sightseeing tours and package holidays that combine several products...
in the Emirate of Abu Dhabi and Omeir Automobiles is the sole importer of Peugeot cars into the UAE. The family also has huge stakes in many businesses in the Emirates. It is widely said that before the discovery of oil made the Royal Family stupendously rich, the Al Omeirs were the richest family in the entire country.
Al Omeir served as the country's Oil Minister for several years before taking more domestic responsibilities as the Chairman of ADNOC. Al Omeir also sits on the UAE's Supreme Petroleum Council, a powerful body that is responsible for the vast oil reserves
Oil reserves
The total estimated amount of oil in an oil reservoir, including both producible and non-producible oil, is called oil in place. However, because of reservoir characteristics and limitations in petroleum extraction technologies, only a fraction of this oil can be brought to the surface, and it is...
of the country and the Emirate of Abu Dhabi.