ADNOC Distribution was always a good business. But now its CEO Saeed Mubarak Al Rashidi and deputy CEO John Carey want to turn it into something altogether bigger and better
ADNOC Distribution
Revealed: Adnoc Distribution’s plans for next-generation petrol stations
Adnoc Distribution’s plans include more Geant stores, new retail partnerships, electric chargers and self-service pumps
ADNOC Distribution profits rise 12.1% as growth strategy pushes forward
The total fuel volume sold in Q1 rose 0.9 percent to 2.3 billion litres
69% prefer to pay for ADNOC fuel station premium service
Results from free trial period of ADNOC Flex reveals strong demand for new service
ADNOC Distribution to open three stations in Dubai this year
Board chairman Dr. Sultan Ahmed Al Jaber says the company is turning towards a more “customer-centric” model
ADNOC to charge fee for premium fuel station services
Customers in Abu Dhabi will have the choice of a new premium service, for a small fee, or a self-serve option
ADNOC unit reveals locations of first Dubai service stations
ADNOC Distribution says entering the Dubai market is a key part of expansion
ADNOC, Urban ink deal for new Geant service station shops
10 ADNOC Distribution convenience stores will be refitted with the Geant brand in Abu Dhabi, Sharjah and Ajman
ADNOC says to debut in Dubai, Saudi Arabia with service stations
At least 13 new service stations will open in 2018, according to ADNOC Distribution
Video: ADNOC begins trading on Abu Dhabi exchange
Part of Abu Dhabi’s state-owned oil company has begun trading on the city’s stock exchange. ADNOC Distribution, which manages petrol stations in the United Arab Emirates, has raised almost $850 million in an initial public offering.
ADNOC Distribution shares up 16% on first day of trading
A total of 12,000 investors from 73 countries participated in the subscription
Nasdaq Dubai set to launch futures on ADNOC, Emaar Malls
Addition of the two prominent companies is the latest expansion of Nasdaq Dubai’s derivatives market
ADNOC Distribution IPO values retail business at $8.5bn
ADNOC Distribution IPO – the largest at ADX in decade – was oversubscribed 22 times
Abu Dhabi’s Adnoc could raise $2 Billion from unit IPO
Based on estimates, Adnoc Distribution is valued between $8 billion and $10 billion