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ADNOC Distribution delivers 21% net profit growth in Q1 2026, reflecting strength and resilience
May 13th, 2026 - 05:43 GMT

ADNOC Distribution delivers 21% net profit growth in Q1 2026, reflecting strength and resilience

ADNOC Distribution (ISIN: AEA006101017) (ADX: ADNOCDIST), the leading mobility and convenience retailer in the UAE, reported strong financial and operational performance in the first quarter ended 31 March 2026, with record Q1 EBITDA at $307 million (+11.7% year-on-year; YoY) and net profit at $210 million (+20.7% YoY). Q1 performance was supported by fuel volume growth, stronger commercial business, higher contribution from non-fuel retail (NFR) and international activities, reflecting ADNOC Distribution’s structural resilience, driven by its diversification across its three customer locations: the UAE, Saudi Arabia and Egypt. Reflecting sustained investments ...
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Novartis Inks Licensing Agreement for Cancer Drug
October 20th, 2022 - 08:55 GMT

Novartis Inks Licensing Agreement for Cancer Drug

Noon.com’s new Product Listing Ads tool boosts seller growth potential
October 19th, 2022 - 07:13 GMT

noon.com’s new Product Listing Ads tool boosts seller growth potential

Federal Tax Authority: Positive effects reflecting the success of implementing Excise Tax
October 19th, 2022 - 06:16 GMT

Federal Tax Authority: Positive effects reflecting the success of implementing Excise Tax

Dubai Chamber of Commerce Shares Digital Transformation Best Practices With Rak Chamber
October 19th, 2022 - 04:52 GMT

Dubai Chamber of Commerce Shares Digital Transformation Best Practices With Rak Chamber

Mubadala invests in world’s largest private offshore wind energy developer
October 19th, 2022 - 10:22 GMT

Mubadala invests in world’s largest private offshore wind energy developer

UAE Payments Revenues Expected to Reach $18.7 billion By 2031
October 19th, 2022 - 09:42 GMT

UAE Payments Revenues Expected to Reach $18.7 billion By 2031

Energy World To Descend on Abu Dhabi for ADIPEC 2022 to Tackle Challenge of Energy Security and Sustainability
October 19th, 2022 - 09:34 GMT

Energy World To Descend on Abu Dhabi for ADIPEC 2022 to Tackle Challenge of Energy Security and Sustainability

Nestlé Sales Soar As It Increases Prices by 7.5%
October 19th, 2022 - 09:19 GMT

Nestlé Sales Soar As It Increases Prices by 7.5%

Earn massive savings this Diwali with noon.com’s Gift Cards
October 19th, 2022 - 08:52 GMT

Earn massive savings this Diwali with noon.com’s Gift Cards

Aramex Finalizes $265M Acquisition of MyUS Platform
October 19th, 2022 - 08:29 GMT

Aramex Finalizes $265M Acquisition of MyUS Platform

Beeah Launches Marasi: A Digital Manifest Platform for Integrated Waste Management at Ports
October 19th, 2022 - 07:50 GMT

Beeah Launches Marasi: A Digital Manifest Platform for Integrated Waste Management at Ports

Orange Jordan Supports Entrepreneurship and Innovation Training at UJ
October 19th, 2022 - 07:48 GMT

Orange Jordan Supports Entrepreneurship and Innovation Training at UJ

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