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Adnoc eyes USD 1 bn investment to boost retail play in Egypt
It’s also studying setting up aircraft refueling in some Egyptian airports
Adnoc taps Reatile Group to satisfy South Africa's ownership rules for its USD 1 bn Shell deal
The sale is dependent on Adnoc Distribution’s own acquisition of Shell Downstream South Africa, set to close in 2027
2Q results from Adnoc Distribution, Salik, IHC, and Burjeel
Adnoc’s record earnings were driven by higher fuel prices, stronger commercial margins, and fast-growing non-fuel businesses
Adnoc Distribution to acquire Shell South Africa’s downstream business
The transaction would expand Adnoc’s global network by 55% to nearly 1.6k service stations
Earnings are in from AD Ports, Emsteel, Adnoc Distribution
Ensteel saw its income jump 246%
Adnoc, Tecom, NMDC Energy, and Dubai REIT turn in 2025 results
Adnoc Distribution recorded AED 668 mn in net income last year
Adnoc Distribution launches largest EV charging station in the MENAT region + Hub71 rolls out venture studio
Hub71’s new venture studio track will enable AI-native companies to be built in-house
THIS MORNING: Pax Silica Summit kicks off in the US with the UAE present + The Gulf is more involved in Paramount’s Warner Bros bid than meets the eye
Plus: Excise tax on sweetened beverages clarified
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