Abu Dhabi National Oil Company for Distribution PJSC (ADNOCDIST)

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News

24 September 2025 07:42 PM ADNOC Distribution to pay $350m cash dividends for H1-25

Abu Dhabi – Mubasher: ADNOC Distribution has announced an interim dividend of $350 million (AED 1.28 billion) for the first half (H1) of 2025, equivalent to 10.28 fils per share. This aligns with the group’s commitment to delivering sustainable …

Board of Directors

18 February 2025 00:49 PM ADNOC Distribution to launch 1st flagship service station in Egypt

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) is set to open its first flagship service station in Egypt during 2025, according to a press release. Located in New Cairo, the new station will feature an …

Companies Investments

11 February 2025 02:21 PM ADNOC Distribution records robust performance in 2024 from higher operations in Saudi Arabia, Egypt

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) achieved its highest-ever earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $1.05 billion (AED 3.86 billion) in 2024. This marked …

Financial Results

31 October 2024 04:13 PM ADNOC Distribution records highest-ever EBITDA in 9M-24; profits exceed AED 1.8bn

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) posted net profits valued at AED 1.87 billion in the first nine months (9M) of 2024. The recorded net profits were lower year-on-year (YoY) than AED 1.95 …

Financial Results

23 September 2024 09:11 AM ADNOC Distribution announces H1-24 dividends following higher profits

Abu Dhabi – Mubasher: The board of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) approved interim cash dividends amounting to $350 million (AED 1.28 billion) for the first half (H1)of 2024. ADNOC Distribution is set to …

Board of Directors

8 August 2024 09:42 AM ADNOC Distribution’s H1-24 profits to owners exceed AED 1.1bn; dividends announced

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) recorded net profits attributable to the owners valued at AED 1.17 billion in the first half (H1) of 2024. The generated net profits were higher by 7.70% …

Cash Dividends

9 May 2024 09:48 AM ADNOC Distribution sees higher profits in Q1-24; growth plans announced

Abu Dhabi – Mubasher: The net profits attributable to the shareholders of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) hit AED 549.64 million in the first quarter (Q1) of 2024. The generated net profits were higher than AED …

Companies Investments

1 May 2024 04:01 PM Magnati, ADNOC Distribution partner to improve payment service

UAE – Mubasher: Magnati, a Middle Eastern payments solutions provider, has entered into a partnership with Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) to enhance the experience of retail customers. The partnership includes …

Companies Investments

26 February 2024 09:43 AM ADNOC Distribution amends dividends policy

Abu Dhabi – Mubasher: The board of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) agreed to amend the dividend policy for 2024-2028. The company will pay a dividend per financial year of AED 2.57 billion ($700 million), …

Board of Directors

7 February 2024 10:51 AM ADNOC Distribution’s profits to owners hit AED 2.6bn in 2023; dividends unveiled

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) logged net profits attributable to the owners amounting to AED 2.60 billion in 2023, versus AED 2.74 billion in 2022. The revenues increased to AED 34.62 …

Cash Dividends

12 November 2023 11:44 AM ADNOC Distribution’s 9M-23 revenues exceed AED 25bn; profits up 9% in Q3

Abu Dhabi – Mubasher: The net profits attributable to the shareholders of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) hit AED 1.92 billion in the first nine months (9M) of 2023. The recorded profits were compared with AED …

Financial Results

24 September 2023 01:45 PM UAE giant ADNOC Distribution launches service stations in Egypt, targets more units

Abu Dhabi – Mubasher: The UAE-based fuel and convenience retailer Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has inaugurated three ADNOC service stations in Egypt that are fully equipped to operate around the clock and …

Companies Investments

8 August 2023 10:03 AM ADNOC Distribution records over AED 1bn profits in H1-23; dividends unveiled

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) posted net profits attributable to the owners amounting to AED 1.08 billion during the first half (H1) of 2023. The generated net profits were compared with …

Board of Directors

15 May 2023 11:41 AM ADNOC Distribution’s profits to owners exceed AED 537m in Q1-23

Abu Dhabi – Mubasher: The net profits attributable to the shareholders after tax of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) hit AED 537.32 million in the first quarter (Q1) of 2023. The recorded profits were lower than …

Financial Results

16 March 2023 04:34 PM ADNOC Distribution’s shareholders greenlight H2-22 dividends

Abu Dhabi – Mubasher: The shareholders of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) approved cash dividends worth AED 1.28 billion, equivalent to 10.28 fils per share, for the second half (H2) of 2022. Meanwhile, the …

Cash Dividends

9 February 2023 02:35 PM ADNOC Distribution records 22% growth in 2022 profits; key appointment, dividends approved

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) achieved a year-on-year (YoY) increase in net profits to AED 2.74 billion during 2022 from AED 2.25 billion. The basic and diluted earnings per share (EPS) …

Management Decisions

13 November 2022 02:12 PM ADNOC Distribution logs higher profits at AED 2.32bn in 9M-22

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) posted a 39% hike in net profit to AED 2.32 billion in the first nine months (9M) of 2022, versus AED 1.68 billion in 9M-21. The ADX-listed firm registered …

Financial Results

28 September 2022 03:21 PM ADNOC Distribution announces AED 1.28bn dividends for H1-22

Abu Dhabi – Mubasher: The board of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) approved interim cash dividends worth AED 1.28 billion ($350 million) for the first half (H1) of 2022. The ADX-listed firm will disburse 10.28 …

Board of Directors

8 August 2022 04:40 PM ADNOC Distribution’s profits jump 35.5% in H1-22

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) registered net profits worth AED 1.56 billion during the first half (H1) of 2022, up 35.60% from AED 1.15 billion in H1-21. The company’s revenues increased …

Financial Results

31 July 2022 00:34 PM UAE’s ADNOC Distribution eyes 50% stake in TotalEnergies Egypt

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has entered into an agreement with TotalEnergies Marketing Afrique to acquire a 50% stake in TotalEnergies Marketing Egypt (TotalEnergies Egypt). The …

Macroeconomics

10 May 2022 09:44 AM ADNOC Distribution sees 6% higher profits in Q1-22

Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) jumped by 6.3% to AED 670.68 million in the first quarter (Q1) of 2022, compared to AED 630.73 million in the year-ago period, as per the …

Financial Results

27 March 2022 00:22 PM ADNOC Distribution's OGM approves AED 1.28bn dividends for H2-21

Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has approved a cash dividend distribution of AED 1.28 billion for the second half (H2) of 2021. The H2-21 dividend …

Cash Dividends

10 March 2022 09:42 AM ADNOC Distribution launches 100% plant-based engine oils

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) will launch plant-based lubricants for both petrol and diesel engines, bringing to the region for the first time lubricants made entirely from plants. …

Companies Investments

24 November 2021 04:31 PM ADNOC Distribution to supply Voyager lubricant in Angola, Congo

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has signed two new contracts to distribute ADNOC Voyager lubricant in Angola and the Democratic Republic of the Congo. Under the contracts, the company will …

Companies Investments

9 November 2021 09:39 AM ADNOC Distribution sees 6% higher profits in 9M

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) reported a 6.3% rise in net profits to AED 1.681 billion during the first nine months of 2021, compared to AED 1.581 billion in the year-ago period, as …

Financial Results