THE MIDDLE EAST’S
40. ADNOC Distribution
Country: U.A.E.
Sector: Retail
CEO: Bader Al Lamki
Market Value: $14 billion
ADNOC Distribution operated 1,010 service stations across the UAE, Saudi Arabia, and Egypt at the end of 2025. Fuel volumes sold reached 15.71 billion litres during the year. In September 2025, ADNOC transferred its 77% stake in the company to its wholly owned subsidiary, XRG. The company reported revenues of $9.8 billion in 2025, and its total assets reached $4.8 billion.