Will pay a total of AED2.57 billion in dividends and will change its dividend policy for 2023 as domestic and international business grows
fuel retailer
Latest in fuel retailer
Abu Dhabi
ADNOC Distribution records $424 million in net profits amid rising fuel demand
Total fuel volumes rose by 9 percent, compared to the same period last year, driven by the company’s retail and commercial businesses.
Abu Dhabi
Adnoc Distribution to acquire 50 percent stake in TotalEnergies Egypt in $186 million deal
TotalEnergies Egypt is a top fuel retail operator in the North African nation, operating a portfolio of 240 refueling stations, over 100 convenience stores, and 250+ lube changing stations
energy prices
UAE fuel prices increase around 10 percent in July: Everything you need to know
Petrol prices in the UAE will increase again in July – following months of significant increase since March of this year.
ADNOC petrol stations
UAE petrol and diesel prices set for July increase
The price rise is in line with previous increases throughout 2022
Fuel prices
UAE increases petrol price for June 2022 as global oil prices remain high
The price of both gasoline and diesel has been increased
Abu Dhabi
ADNOC Distribution records highest Q1 fuel volumes in its history as net profit grows to $182.6mn
In Saudi Arabia, ADNOC Distribution added 15 new stations, increasing its network to a total of 55 stations. In the UAE, the company opened three new stations, taking its total domestic network to 464.
Emirates National Oil Company
Fuel retailer ENOC plans to add 24 new service stations in the UAE in 2022
ENOC Group says 10 service stations will open in Dubai, nine in Sharjah, four in Umm Al Quwain and one in Fujairah
ADNOC
Abu Dhabi’s ADNOC Distribution reports $463m profit
UAE’s largest fuel and convenience retailer saw revenues surge by 22.6 percent year-on-year over the opening nine months of the year to $4bn
Abu Dhabi Securities Exchange
ADNOC Distribution secures spot on FTSE Emerging Markets Index
UAE’s largest fuel and convenience retailer will feature in the FTSE EM Index from September 16
ENOC Group
Revealed: The new way to fill up your car with fuel in the UAE
Dubai’s ENOC Group unveils plans to roll out a world-first eLink Station service for customers
ADNOC Distribution
UAE state oil firm raising $1.6bn in stock, bond sale
Abu Dhabi National Oil Co. to offer 375m shares in Adnoc Distribution PJSC at AED4.36 a share
ADNOC Distribution
UAE’s largest fuel retailer hires former Tabreed boss as new CEO
ADNOC Distribution has announced the appointment of Bader Saeed Al Lamki as CEO from May 27
ADNOC Distribution
ADNOC Distribution eyes more foreign investors after MSCI boost
The UAE’s largest fuel and convenience retailer says that it will be included in the MSCI Emerging Markets Index from May 27
ADNOC
UAE fuel retail giant posts $172m net profit as expansion continues
ADNOC Distribution says it is on track to open up to 80 new fuel stations in the UAE, Saudi Arabia by the end of 2021
digital transformation
Dubai’s ENOC to invest $68m to accelerate digital transformation
Fuel retailer says coronavirus pandemic has forced it to re-evaluate operations and adopt innovative solutions
ADNOC Distribution
Adnoc Distribution profits increase 8.2% to $653.5m in 2020
UAE fuel and convenience retailer announced $15.5m programme to expand network in Saudi Arabia