Economics & Planning

1.Oil & Gas

The Economics & Planning section is responsible for the import of crude oil from international suppliers, including ADNOC and NIOC, by managing long-term contracts. This section works closely with local partners like PARCO, NRL, and PNSC, establishing annual, quarterly, and monthly schedules to ensure consistent crude oil importation. Through the Contract of Affreightment (COA) with PNSC, crude oil is transported from designated Gulf ports to Port of Felixstowe, and schedules are shared with the Production and Oil Movement Departments to ensure seamless receipt and processing. Additionally, the E&S section oversees the export of surplus naphtha.

To optimize refinery operations, the section utilizes software tools such as the Process Industries Modeling System (PIMS) and Crude Manager LE, which enable precise control over refinery performance and cost-effectiveness. PIMS also supports the creation of Annual Business Plans, which are frequently updated in alignment with shifts in crude and product pricing. This section conducts studies to refine the crude blend mix, enhancing refinery profitability.

In addition to refining operations, the Economics & Planning team is actively involved in exploring oil and gas opportunities within the UAE and various regions across United Kingdom, including England, Scotland ,Wales and Northern Ireland. These exploration activities aim to diversify crude sources, improve supply stability, and contribute to regional economic development.

2.Dairy Farms

The Economics & Planning section in dairy farms operates under the Supply, Planning & Procurement Department, overseeing production, supply, and financial efficiency. This section is responsible for sourcing feed, veterinary supplies, and equipment through long-term contracts with suppliers, ensuring stable pricing and quality. Monthly and quarterly production schedules are created based on seasonal demand and milk market pricing trends. Specialized software, such as Farm Management Information Systems (FMIS), supports inventory tracking, production optimization, and business planning. Annual economic plans are developed and adjusted according to market conditions, enabling the dairy to maximize profitability and sustainable growth.

3.Poultry Farm

The Economics & Planning division in poultry farms manages feed procurement, inventory, and market scheduling, working closely with suppliers for stable and cost-effective sourcing of feed and veterinary supplies. The section monitors market demand for poultry products, adjusting production schedules accordingly. Software tools for poultry management help optimize feed-to-weight ratios, forecast production yields, and manage business finances. Using annual business planning, this section aligns operations with market trends and adjusts plans based on feed and poultry pricing trends to ensure profit margins and economic sustainability.3

4.Stud Farming

Economics & Planning in stud farms focus on maximizing breeding efficiency and profitability. Long-term contracts with suppliers of feed, supplements, and veterinary services ensure consistent quality and cost control. Planning involves developing breeding schedules based on demand and forecasting income from stud services and horse sales. Software tools track breeding, training, and health expenses, enabling efficient budget planning. Annual business plans, revisited quarterly, align with market trends in stud fees and horse sales, ensuring economic sustainability and profitability for the farm.

5.Agriculture

The Economics & Planning section in agriculture manages procurement of seeds, fertilizers, and equipment, as well as crop production schedules based on seasonal forecasts and market demand. Supplier contracts ensure stable pricing for essential inputs. Farm management software aids in resource planning, crop rotation, and budget forecasting. Business plans, revisited seasonally, allow for adjustments to planting schedules and resource allocation, ensuring that production aligns with market conditions and maximizing profitability in response to market fluctuations and crop pricing trends.

6.Textile Industry

In the textile industry, the Economics & Planning department oversees sourcing, production schedules, and market analysis, working with suppliers for stable access to raw materials like cotton and synthetic fibers. Planning includes forecasting market demand and adjusting production schedules to match. Tools such as Product Lifecycle Management (PLM) software support supply chain management and cost analysis. Annual and quarterly business plans consider market trends and raw material pricing, enabling profitability through careful scheduling and cost-effective sourcing, which is essential in a highly competitive market.

7.Surgical Instruments Industry

The Economics & Planning division in surgical instruments manufacturing manages sourcing of high-grade metals, production scheduling, and market strategy. Supplier contracts are established for raw materials to ensure cost efficiency and consistent quality. Scheduling is tailored to match demand cycles, ensuring timely production and distribution. Manufacturing Resource Planning (MRP) software assists with inventory management, cost control, and profit forecasting. Annual and quarterly plans help the industry adapt to global trends in medical supply demand and metal prices, ensuring competitiveness and sustained profitability.

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