{"id":615977,"date":"2024-02-27T00:00:00","date_gmt":"2024-02-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/27\/adnoc-distribution-doubles-down-on-egypt-saudi-arabia-expansions\/"},"modified":"2024-02-27T00:00:00","modified_gmt":"2024-02-27T00:00:00","slug":"adnoc-distribution-doubles-down-on-egypt-saudi-arabia-expansions","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/27\/adnoc-distribution-doubles-down-on-egypt-saudi-arabia-expansions\/","title":{"rendered":"Adnoc Distribution doubles down on Egypt, Saudi Arabia expansions"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Adnoc <\/strong><strong>Distribution has big plans for Egypt and the KSA:<\/strong> The UAE\u2019slargest fuel retailer Adnoc Distribution plans to ramp up its activity in Egypt and Saudi Arabia, the company said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/2512.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The plan for Egypt:<\/strong> The company plans to roll out more services at its filling stations andfurther expand into new cities, the company\u2019s CEO Bader Al Lamki told Enterprise on the sidelines of the <a target=\"_blank\" href=\"https:\/\/www.egypes.com\/\" style=\"\" rel=\"noopener\">Egypt Energy Show<\/a> last week. Adnoc will also open a new branch on the North Coast in April, Al Lakmi added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aircraft refueling and EV charging?<\/strong> Al Lamki told us that the company starting aircraft refueling in the country is in the cards and that it is currently being discussed with the Oil Ministry. The company is also eyeing EV charging services in its growth plans.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>Adnoc Distribution entered the Egyptian market via a USD 186 mn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/75784c1b-8241-45cc-affa-165e236ca996\" style=\"\" rel=\"noopener\">acquisition<\/a> for a50% stake in TotalEnergies\u2019 Egyptian fuel distribution arm a year ago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company plans to roll out more services at its filling stations and further expand into new cities, the company\u2019s CEO Bader Al Lamki told Enterprise<\/p>\n","protected":false},"author":1,"featured_media":615978,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[1703,93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-615977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-adnoc","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"a817ddae-7f5f-4385-a8dc-f95f300a40bf","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/2612.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Adnoc Distribution doubles down on Egypt, Saudi Arabia expansions","related_issue":[615968],"teaser":"The company plans to roll out more services at its filling stations and further expand into new cities, the company\u2019s CEO Bader Al Lamki told Enterprise","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.5ef1a462-4263-46ea-8465-a7b5d539e4af.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Adnoc Distribution doubles down on Egypt, Saudi Arabia expansions - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/27\/adnoc-distribution-doubles-down-on-egypt-saudi-arabia-expansions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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Adnoc Distribution could pay up to USD 203 mn for the shares, which the company said would be the largest\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/315.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":637632,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/21\/adnoc-to-ipo-as-much-as-20-of-fuel-distribution-unit-in-december\/","url_meta":{"origin":615977,"position":4},"title":"ADNOC to IPO as much as 20% of fuel distribution unit in December","author":"enterpriseam admin","date":"21 November 2017","format":false,"excerpt":"IPO WATCH- Abu Dhabi National Oil Company (ADNOC) plans to IPO as much as 20% of its fuel-distribution unit ADNOC for Distribution in the Abu Dhabi Stock Exchange on 13 December, Bloomberg reports. The pricing range for the book-build will be announced on 26 November. ADNOC is looking for a\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637355,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/adnoc-to-sell-at-least-10-stake-in-fuel-stations-unit-in-december-adx-ipo\/","url_meta":{"origin":615977,"position":5},"title":"ADNOC to sell at least 10% stake in fuel stations unit in December ADX IPO","author":"enterpriseam admin","date":"14 November 2017","format":false,"excerpt":"IPO WATCH- Abu Dhabi\u2019s ADNOC took a step toward its previously hinted sale of least 10% of its fuel stations unit in a December IPO in the Abu Dhabi Stock Exchange, ADNOC CEO Sultan Ahmed Al Jaber said on Monday in an interview with Bloomberg. The move would make it\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/615977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=615977"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/615977\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/615968"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/615978"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=615977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=615977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=615977"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=615977"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=615977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}