Adnoc Distribution has aimed high to run 1,000 service stations in 2028, with support from a second year in succession of profit levels over $1 billion. Its healthy financial results are testimony to good fuel sales, retail expansion outside fuels, and its steadily more strategic positioning in the energy transition in the UAE.
With regional growth at its core, Adnoc Retail is pushing beyond the UAE to high-growth regions such as Saudi Arabia and Egypt. Adnoc Retail is also ramping up investments in alternative mobility solutions such as electric vehicle (EV) charging stations and enriched customer digital experiences.
CEO Bader Saeed Al Lamki underlined that the robust performance vindicates the strategy of balancing core fuel businesses with a hard shift toward forward-looking energy solutions. The EV drive is central to Adnoc’s ambition to be in sync with the UAE’s sustainability objectives and address changing consumer needs.
As Adnoc Distribution looks towards future milestones such as its 1,000-station milestone, it is also focusing on innovation in convenience retail and AI-powered service delivery. With its profitable growth strategy and changing energy offerings, Adnoc is looking to become a regional leader in traditional and clean energy retailing.