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BUSINESS

BUSINESS latest

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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Etihad Anticipating Surge In Demand As Abu Dhabi Opens To Fully Vaccinated Travellers
September 5th, 2021 - 05:33 GMT

Etihad Anticipating Surge In Demand As Abu Dhabi Opens To Fully Vaccinated Travellers

Global CEO Confidence Returns To Pre-Pandemic Levels
September 5th, 2021 - 05:21 GMT

Global CEO Confidence Returns To Pre-Pandemic Levels

Dubai Culture Successfully Concludes 'Our Summer Is Culture And Creativity’ Activities
September 5th, 2021 - 05:11 GMT

Dubai Culture Successfully Concludes 'Our Summer Is Culture And Creativity’ Activities

Stars Of Science Season 13 Highlights Importance Of Stem Education In Post-pandemic Recovery
September 5th, 2021 - 05:01 GMT

Stars Of Science Season 13 Highlights Importance Of Stem Education In Post-pandemic Recovery

UK Pledges to Raise Aid Budget for Afghanistan
September 4th, 2021 - 06:00 GMT

UK Pledges to Raise Aid Budget for Afghanistan

UN: Poverty Affects 74 Percent of Lebanese People
September 4th, 2021 - 05:00 GMT

UN: Poverty Affects 74 Percent of Lebanese People

Turkey Slaps WhatsApp with $234,000 Fine
September 4th, 2021 - 04:00 GMT

Turkey Slaps WhatsApp with $234,000 Fine

Beyoncé
September 4th, 2021 - 06:00 GMT

Beyoncé in Business: All About Queen B’s Ventures

WhatsApp Hit with $266 Million Fine in Ireland Over Data-Sharing
September 2nd, 2021 - 01:30 GMT

WhatsApp Hit with $266 Million Fine in Ireland Over Data-Sharing

Apple Slapped with Antitrust Case in India
September 2nd, 2021 - 12:30 GMT

Apple Slapped with Antitrust Case in India

LG Channels
September 2nd, 2021 - 11:38 GMT

Enhanced LG Channels Features New UX and Expanded Selection of Free, Premium Content

Student Orientation at AUC
September 2nd, 2021 - 11:34 GMT

10 Facts About the Return to Face-To-Face Instruction at AUC

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