Adnoc Distribution is the UAE’s largest fuel and convenience retailer. The company operates 406 fuel stations in the UAE and two in Saudi Arabia as of June 30. Courtesy: Adnoc
Adnoc Distribution is the UAE’s largest fuel and convenience retailer. The company operates 406 fuel stations in the UAE and two in Saudi Arabia as of June 30. Courtesy: Adnoc

Energy

Adnoc completes $1bn institutional placement of shares in its distribution unit

The shares are listed and traded on the Abu Dhabi Securities Exchange and will increase the company’s free float to 20%

Jennifer Gnana
Jennifer Gnana

September 14, 2020

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