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BUSINESS

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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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BCG: UAE Financial Services Regulators Should Continue the Drive To Foster Financial Innovations Amid the Increased Adoption of Digital Banking Channels
January 27th, 2021 - 10:49 GMT

BCG: UAE Financial Services Regulators Should Continue the Drive To Foster Financial Innovations Amid the Increased Adoption of Digital Banking Channels

Takeda Named Top Employer in Mideast for Second Consecutive Year
January 27th, 2021 - 10:30 GMT

Takeda Named Top Employer in Mideast for Second Consecutive Year

‘Abu-Ghazaleh Knowledge Forum’ Organizes “Visual Disability in Jordan - Reality and Aspiration” Panel Session
January 27th, 2021 - 10:28 GMT

‘Abu-Ghazaleh Knowledge Forum’ Organizes “Visual Disability in Jordan - Reality and Aspiration” Panel Session

DJI Organised 67 Training Programmes for 2,665 Trainees in 2020
January 27th, 2021 - 10:11 GMT

DJI Organised 67 Training Programmes for 2,665 Trainees in 2020

IMF Raises Global Growth Forecast for 2021
January 27th, 2021 - 10:00 GMT

IMF Raises Global Growth Forecast for 2021

What Direction Will the World Take Post-Covid-19?
January 27th, 2021 - 09:55 GMT

What Direction Will the World Take Post-Covid-19?

Yas Island Welcomes International Celebrities and Influencers for UFC 257: Poirier vs. McGregor 2
January 27th, 2021 - 09:48 GMT

Yas Island Welcomes International Celebrities and Influencers for UFC 257: Poirier vs. McGregor 2

Lighter, Faster, Further: Jaguar Land Rover’s Groundbreaking Advanced Composites Project
January 27th, 2021 - 09:42 GMT

Lighter, Faster, Further: Jaguar Land Rover’s Groundbreaking Advanced Composites Project

YBA Kanoo Group Launches a New and Improved Website
January 27th, 2021 - 09:34 GMT

YBA Kanoo Group Launches a New and Improved Website

ILO: Global Labour Markets Shows Modest Signs of Recovery
January 27th, 2021 - 09:30 GMT

ILO: Global Labour Markets Shows Modest Signs of Recovery

Burgan Bank Rewards Its Premier Customers With a 10% Discount From “Crumbs”
January 27th, 2021 - 09:21 GMT

Burgan Bank Rewards Its Premier Customers With a 10% Discount From “Crumbs”

World Bank: Economic Inclusion Programs Reach Around 20 Million Poor Households
January 27th, 2021 - 09:00 GMT

World Bank: Economic Inclusion Programs Reach Around 20 Million Poor Households

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