ADNOC Distribution Approves Interim Dividend Distribution
The Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) revealed that its board of directors approved the distribution of interim dividend.
The Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) revealed that its board of directors approved the distribution of interim dividend.
The shares of ADNOC Distribution are now certified as shariah-compliant for the purpose of investment and trading.
ADNOC Distribution, the UAE’s largest fuel retailer, will move forward with its plans to enter the Indian lubricants market during Q3 2019 as it seeks higher sales volumes.
ADNOC Distribution, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), reported a 4.3% net profit increase during H1 2019 to around $319.4 million.
The Abu Dhabi National Oil Company's distribution arm plans to expand its services around the United Arab Emirates, especially in Dubai.
ADNOC Distribution reported an increase in net profits by 18% to AED 2.128 billion by the end of 2018
The Abu Dhabi National Oil Company (ADNOC) for Distribution has inaugurated three solar-powered stations in Dubai.
Abu Dhabi National Oil Company (ADNOC) offered 1.25 billion shares in ADNOC Distribution on the Abu Dhabi Securities Exchange for the price of 2.5 AED today.
Abu Dhabi National Oil Company (ADNOC) officially announced the partial initial public offering (IPO) of its retail division.
Abu Dhabi National Oil Company (ADNOC) is planning an initial public offering (IPO) of ADNOC Distribution this year.