THE MIDDLE EAST’S

54. ADNOC Distribution
Country: U.A.E.
Sector: Retail
CEO: Bader Al Lamki
Market Value: $11.4 billion
Sales: $9.7 billion
Profits: $673 million
Assets: $5 billion
As of Q1 2025, ADNOC Distribution, the U.A.E.’s largest fuel distributor, operated around 915 service stations, including 555 in the U.A.E., 115 in Saudi Arabia, and 245 in Egypt through the acquisition of a 50% stake in TotalEnergies Marketing Egypt. In April 2025, ADNOC Distribution and noon formed a strategic partnership, enabling noon to place its new Minutes distribution centers at ADNOC Distribution service stations, while ADNOC Oasis products ordered through the ADNOC Distribution App will be delivered by noon riders. In Q1 2025, ADNOC Distribution achieved its highest-ever first-quarter fuel volume of 3.7 billion liters.