Adnoc Distribution, the UAE’s largest fuel and convenience retailer, has announced its strongest quarterly earnings since its 2017 IPO. For Q3 2025, the company reported a 15.9% year-on-year increase in EBITDA, reaching $319 million, while net profit surged 21.5% to $221 million. The first nine months of 2025 also saw record results, with EBITDA rising 12% to $885 million and net profit climbing 15.6% to $579 million. This performance was driven by robust fuel volumes, network expansion, and growth in non-fuel retail, with fuel volumes hitting a historic high of 11.7 billion litres. The company added 85 new service stations in the first nine months, including 72 in Saudi Arabia, marking a 150% year-on-year increase in its network there. Adnoc Distribution has now raised its full-year expansion target to 90–100 new stations, up from the previous guidance of 60–70. At its inaugural Investor Majlis event, the company announced plans to extend its dividend policy to 2030, subject to shareholder approval. Starting Q1 2026, dividends will be paid quarterly, with a minimum commitment of $4.9 billion between 2023 and 2030. CEO Bader Saeed Al Lamki attributed the success to the company’s transformation into a mobility and convenience retail leader, emphasizing its flexible platform and long-term growth strategy. Non-fuel retail also saw significant growth, with Q3 gross profit up 14.7% year-on-year and 39.6 million transactions recorded in the first nine months, a 10.2% increase. The company relaunched its convenience store brand as ‘Oasis by Adnoc’, offering upgraded food and beverage options, and expanded its lubricant brand, Adnoc Voyager, to 50 export markets. Additionally, its E2GO network of EV charging points grew to 368 across the UAE. With nearly 980 service stations across the UAE, Saudi Arabia, and Egypt, Adnoc Distribution is focused on innovation, regional growth, and customer-centric execution to redefine convenience and mobility in the region.