ADNOC Distribution launches first service stations in Egypt as it delivers on international growth strategy
ADNOC Distribution (ADX: ADNOCDIST), the UAE’s largest fuel and convenience retailer, today announced the inauguration of three ADNOC service stations in Egypt, strategically located in key areas across Greater Cairo to offer a full range of vehicle services to the local communities. The Company plans to open a further six ADNOC service stations nationwide by […]
ExxonMobil Egypt Signs Collaboration Agreement with Opel Agent Mansour Automotive
ExxonMobil Egypt Signs a Collaboration Agreement with Mansour Automotive, Opel Exclusive agent in Egypt to Supply Opel with Premium Lubricants ● Askar: We take great pride in our new collaboration with Mansour Automotive and Opel Exclusive agent in Egypt, a preeminent name in the Egyptian automotive market, and we believe this collaboration is of strategic […]
ExxonMobil Egypt honors its dealers for 2022 achievements & success
ExxonMobil Egypt recently held its annual convention in Cairo to celebrate the achievements and success of its dealers in 2022. During the event, ExxonMobil Egypt showcased its accomplishments during the span of 2022-2023, shared its vision for the future of motor oils, and launched many new competitive packages to provide unparalleled services. As a result […]
Castrol unveils refreshed brand to reflect changing needs of customers
Castrol, a global leader in lubricants, part of the bp group, today unveils its refreshed brand, including an updated look and feel. The brand refresh is aimed at better reflecting its unique positioning in the market and the opportunities it sees in meeting the changing needs of customers. Castrol is exploring opportunities to provide solutions […]
B Investments announces sale of 20% of its Total Egypt stake for EGP 146 mn
B Investments announces the Exit of 20% of its stake in Total Egypt for Total Proceeds of EGP 146 million B Investments Holding announced that it has entered into an agreement to sell 20% of its stake in Total Egypt to Total Outre-Mer for a total consideration of approximately EGP 146 million, in accordance with […]
TAQA Arabia to inaugurate new natural gas fueling stations this year
TAQA Arabia is planning to open several natural gas fueling stations before the end of the year at a combined cost of EGP 145 mn, TAQA CEO Pakinam Kafafi said, according to Al Mal. The new stations will bring the total number operated by the Qalaa Holdings subsidiary to 21, and come as part of […]
ENOC Misr expands distribution and starts production in Egypt
ENOC Misr, a joint venture between Proserv Group and the UAE’s Emirates National Oil Company (ENOC), signed a memorandum of understanding with local lubricant manufacturers to evaluate blending and manufacturing ENOC lubricants in Egypt. The move comes as part of ENOC Misr’s ambitious plans to maximise operational efficiency and ensure product availability in the local […]
Borouge sets up petrochemicals marketing company in Egypt
Borouge, a UAE petrochemicals company, said that it has set up a new marketing company in Cairo, Egypt to support its MENA growth strategy. The company, which provides plastics solutions, is looking to meet customer requirements in the region and said the new marketing company reflects its strong business relationship with customers in this fast-growing […]
ADNOC Distribution looking to expand into Egypt, North Africa – COO
ADNOC Distribution eyeing entry into Egyptian market? Emirati fuel retailer ADNOC Distribution is looking at Egypt as a potential market for its planned expansion out of the UAE, COO Mohammad Al Hashimi tells Bloomberg TV (watch, runtime: 7:15). Al Hashimi said that he sees Egypt as a “great market” with “massive growth,” positive macro indicators, […]
ENOC signs agreement with EGPC for marketing of jet fuel in Egypt
The Egyptian General Petroleum Corporation (EGPC) and the UAE’s ENOC signed a commercial agreement allowing the company to enter the jet fuel activity in Egypt. This agreement comes in line with the directives of the political leadership of the two countries to enhance mutual cooperation and benefit from the expertise, capabilities and technologies available to […]
