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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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ASUS
December 29th, 2013 - 10:43 GMT

ASUS ROG announces poseidon GTX 780 graphics card

Al Bawaba
December 29th, 2013 - 09:45 GMT

LG Electronics hosts a fashion expert “Kim Hong Ki” to promote cultural affinity between Jordan and Korea

Al Bawaba
December 29th, 2013 - 09:13 GMT

Ramada Downtown Dubai welcomes tour operators from Russia

Al Bawaba
December 29th, 2013 - 09:04 GMT

ADIB shares its customer service expertise with Federal Electricity and Water Authority

Adel Ali, Group CEO, Air Arabia receiving the award
December 29th, 2013 - 08:53 GMT

Air Arabia named Low-Cost Carrier of the Year at Aviation Business Awards

Al Bawaba
December 29th, 2013 - 08:00 GMT

CTA is recognized as Bronze sponsor for Taj Lifestyle Center’s Taj on Ice Event

Al Bawaba
December 29th, 2013 - 07:25 GMT

Drake & Scull International eyes strategic growth in India in 2014

Pearl has been identified recently by Dubai Exports among a number of product categories that can help boost the emirate’s exports and industrial sector. (Image credit: Shutterstock)
December 29th, 2013 - 07:21 GMT

UAE's original economy still thrives: Pearl trade up 15%

Will Dubai's rental market hold up in 2014?
December 29th, 2013 - 07:06 GMT

Bubble Ahead? Dubai rents to increase even further in 2014

Al Bawaba
December 29th, 2013 - 06:52 GMT

Rasasi Perfumes extends a refreshing touch to Kuwait exhibition with world-class products

There are fears of an impending oil glut in the market. (Image credit: Shutterstock)
December 29th, 2013 - 06:51 GMT

Iran's aggressive stance ruffles feathers at OPEC

Al Bawaba
December 29th, 2013 - 06:35 GMT

Emarat organizes a cricket championship for its service stations' employees

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