ADNOC Distribution | Egypt Oil & Gas - Part 3
ADNOC Completes $1 B Institutional Placement for Distribution Business
Abu Dhabi National Oil Company (ADNOC) has announced the successful completion of a placement to institutional investors of 1.25 billion shares in ADNOC Distribution amounting to 10% of ADNOC Distribution’s total shar...
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, according to Zawya. The company nods to distribute around AE...
ADNOC Distribution Shares Certified Shariah-Compliant
The shares of ADNOC Distribution, the UAE’s largest fuel and convenience retailer listed on the Abu Dhabi Securities Exchange (ADX) are now certified as shariah-compliant for the purpose of investment and tradin... ADNOC Distribution to Enter India’s Lubricants Market
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, The National reported. “We might have ... ADNOC Distribution Profits Rise 4.3% in H1 2019
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 (AED 1.173 billion), according to Emirates News Agency (WAM).... ADNOC Distribution to Expand Investments in UAE
The Abu Dhabi National Oil Company (ADNOC) affiliate, ADNOC Distribution, plans to expand its services around the UAE, especially in Dubai, Pipeline Oil and Gas Magazine reported. The company’s expansion plan over the... ADNOC Distribution Profits Rise 18%
ADNOC Distribution reported an increase in net profits by 18% last year to AED 2.128 billion, Emirates News Agency (WAM) reported. “Our 2018 results confirm our ambition to deliver and sustain strong financial perform... ADNOC Distribution Inaugurates Solar-Powered Stations
The Abu Dhabi National Oil Company (ADNOC) for Distribution has inaugurated three solar-powered stations in Dubai, Mubasher reported. The new stations have Géant Express convenience stores, Oasis Cafés, free Wi-Fi and...
