Riyadh – Sharikat Mubasher: ADNOC Distribution plans to expand its network in Saudi Arabia to at least 300 fuel stations by 2026, CEO Badr Al Lamki told Al Arabiya Business. The company currently operates 940 stations across the UAE, Saudi Arabia, and Egypt, holding a 66% market share in the UAE’s fuel station sector.
Al Lamki said the company delivered record half-year results—the highest in its history—with profits before taxes reaching $566 million and net profit hitting $358 million, up 12% year-on-year. He credited the performance to the resilience of ADNOC’s business model and the growth of non-fuel services, including its car care business.
In Saudi Arabia, ADNOC doubled its footprint in 2025 to 140 stations, compared to 70 at the end of 2024. The company achieved its initial 2025 expansion target of 40–50 new stations in the first half of the year, prompting its board to raise the full-year target to 60–70 stations.
Al Lamki noted that the Saudi market is “promising and close,” adding that ADNOC operates an office in Al Khobar to accelerate “smart growth” in the Kingdom as part of its broader regional strategy.
