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ADNOC Distribution > Page 5

ADNOC Distribution

ADNOC Distribution CEO, Saeed Mubarak Al Rashidi (right) and deputy CEO John Carey (left).
ADNOC Distribution

Inside ADNOC Distribution’s turbo-charged growth plans

by Staff Writer Sun 17 Jun 2018Thu 28 Oct 2021

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 deputy CEO John Carey and CEO Saeed Al Rashdi.
ADNOC Distribution

Revealed: Adnoc Distribution’s plans for next-generation petrol stations

by Staff Writer Mon 21 May 2018Thu 7 Oct 2021

Adnoc Distribution’s plans include more Geant stores, new retail partnerships, electric chargers and self-service pumps

ADNOC Distribution’s gross profit increased by 37.1 percent in the company’s non-fuel retail business, while the average amount spent by each customer rose by 12.5 percent.
Abu Dhabi

ADNOC Distribution profits rise 12.1% as growth strategy pushes forward

by Staff Writer Wed 16 May 2018Thu 7 Oct 2021

The total fuel volume sold in Q1 rose 0.9 percent to 2.3 billion litres

ADNOC Distribution

69% prefer to pay for ADNOC fuel station premium service

by Staff Writer Sat 5 May 2018Thu 7 Oct 2021

Results from free trial period of ADNOC Flex reveals strong demand for new service

Abu Dhabi

ADNOC Distribution to open three stations in Dubai this year

by Staff Writer Tue 10 Apr 2018Thu 7 Oct 2021

Board chairman Dr. Sultan Ahmed Al Jaber says the company is turning towards a more “customer-centric” model

Abu Dhabi's ADNOC Distribution offers extra 10% of shares to investors
ADNOC Distribution

ADNOC to charge fee for premium fuel station services

by Staff Writer Wed 4 Apr 2018Thu 7 Oct 2021

Customers in Abu Dhabi will have the choice of a new premium service, for a small fee, or a self-serve option

Behind the stock market success of ADNOC's $12bn distribution arm
ADNOC Distribution

ADNOC unit reveals locations of first Dubai service stations

by Staff Writer Thu 22 Mar 2018Thu 7 Oct 2021

ADNOC Distribution says entering the Dubai market is a key part of expansion

ADNOC Distribution

ADNOC, Urban ink deal for new Geant service station shops

by Staff Writer Sat 17 Mar 2018Thu 7 Oct 2021

10 ADNOC Distribution convenience stores will be refitted with the Geant brand in Abu Dhabi, Sharjah and Ajman

UAE's largest fuel retailer keen on expansion after coronavirus restrictions
ADNOC Distribution

ADNOC says to debut in Dubai, Saudi Arabia with service stations

by Staff Writer Wed 24 Jan 2018Thu 7 Oct 2021

At least 13 new service stations will open in 2018, according to ADNOC Distribution

Abu Dhabi

Video: ADNOC begins trading on Abu Dhabi exchange

by ITPMon 18 Dec 2017Wed 6 Oct 2021

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.

Shares of ADNOC Distribution rose as high as AED 2.90 per share on the morning of the first day the company was listed it was listed on the Abu Dhabi Securities Exchange (ADX).
Abu Dhabi

ADNOC Distribution shares up 16% on first day of trading

by Staff Writer Wed 13 Dec 2017Thu 7 Oct 2021

A total of 12,000 investors from 73 countries participated in the subscription

(Photo: State news agency WAM)
ADNOC Distribution

Nasdaq Dubai set to launch futures on ADNOC, Emaar Malls

by Staff Writer Tue 12 Dec 2017Thu 7 Oct 2021

Addition of the two prominent companies is the latest expansion of Nasdaq Dubai’s derivatives market

ADNOC Distribution shares have been priced at AED 2.50 per share, making it the largest IPO on the Abu Dhabi Security Exchange (ADX) in the last decade and the fourth largest capitalisation on the ADEX, with a market capitalisation of AED 31.1 billion ($8.5 billion)
Abu Dhabi

ADNOC Distribution IPO values retail business at $8.5bn

by Staff Writer Sun 10 Dec 2017Thu 7 Oct 2021

ADNOC Distribution IPO – the largest at ADX in decade – was oversubscribed 22 times

Abu Dhabi National Oil Co. may raise as much as $2 billion from an initial public offering of its fuel-retailing unit, according to people with knowledge of the matter, as another large share sale in the Middle East pushes ahead.
Abu Dhabi

Abu Dhabi’s Adnoc could raise $2 Billion from unit IPO

by Staff Writer Sun 26 Nov 2017Thu 7 Oct 2021

Based on estimates, Adnoc Distribution is valued between $8 billion and $10 billion

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