logo
Adnoc Distribution showcases the innovation of UAE products

Adnoc Distribution showcases the innovation of UAE products

Gulf Today22-05-2025
Adnoc Distribution, the UAE's largest mobility and convenience retailer, joined the Ministry of Industry and Advanced Technology's (MoIAT) 'Muntajat Watan'na' initiative at this week's 'Make it in the Emirates' exhibition (MIITE), held at the Adnec Centre in Abu Dhabi.
Through this programme, Adnoc Distribution is showcasing the quality and innovation of UAE products, with select locally-made items featured prominently in Adnoc Oasis stores across the country until the end of the year.
Adnoc Distribution also announced its collaboration with the UAE Federal Youth Authority (FYA) to highlight Emirati-owned SMEs through its Youth Corner initiative, featuring brands such as Emirates Beekeepers, Banna Brothers, LIWA Hot Sauce and NUWA.
Products from these home-grown brands will be available for sale as part of a three-month pilot at select UAE locations.
Eng. Bader Saeed Al Lamki, CEO of Adnoc Distribution, said, 'By championing local brands and products, and forging strong partnerships with home-grown suppliers, Adnoc Distribution is helping to build resilient supply chains, empower Emirati entrepreneurs and support the UAE's vision for a more self-reliant, sustainable economy.'
Adnoc Distribution operated a pop-up Adnoc Oasis convenience store this week at MIITE, which, for the first time, featured 100 per cent UAE-made products for sale. The unique store showcased locally-roasted coffee, food, and speciality beverages, underscoring the company's commitment to supporting the growth of the UAE's food industry.
The pop-up store reflects Adnoc Distribution's broader strategy to prioritise UAE-made products across its convenience retail network.
Adnoc Distribution also announced a new agreement with Al Ain Farms Group to supply dairy ingredients for Adnoc Oasis coffee, beverages and quick-service food.
These initiatives underscore Adnoc Distribution's continued commitment to elevating the UAE's industrial capabilities, empowering local talent, and promoting homegrown businesses.
The company remains focused on strengthening the UAE's position as a global hub for innovation and manufacturing excellence, both through Adnoc Oasis and through its other product lines, such as the Adnoc Voyager lubricant line, which is proudly made in the UAE and exported to 47 markets worldwide.
Adnoc Distribution also fosters partnerships with both established and emerging UAE brands, including its recently announced strategic partnership with noon, the UAE's leading homegrown digital delivery service. Meanwhile Adnoc Distribution has reiterated its commitment to sustainable industrial development and boosting local content through its participation in the 'Make it in the Emirates' 2025, a leading national platform for driving innovation and empowering Emirati talent.
Speaking to the Emirates News Agency, Eng. Bader Al Lamki, CEO of Adnoc Distribution, stated that the company's participation in the forum reflects its strategy to support national products and empower young Emirati entrepreneurs.
He noted that Adnoc Distribution is committed to strengthening local supply chains through quality-driven initiatives, including the manufacturing of 'Adnoc Voyager' lubricants in the UAE. He added that additional production lines have been established in Egypt, with exports reaching 47 global markets.
Adnoc Voyager is the UAE's leading lubricant brand, and is exported to 47 countries worldwide.
Adnoc Distribution recently introduced Voyager Platinum Plus Eco, the UAE's first lubricant product that conforms to API SQ / ILSAC GF-7, the next generation of engine oil standards. Voyager Platinum Plus Eco is one of the first lubricants in the world to adhere to this standard, introduced at the end of March.
He stated that by the end of this month, Adnoc Distribution plans to make 'Adnoc Voyager' lubricants officially available through independent distributors in Egypt, further expanding the brand's presence beyond Adnoc Distribution service stations.
Adnoc Distribution CEO also noted that partnerships with startups and local brands reflect Adnoc Distribution's keenness to invest in and empower Emirati talent.
Adnoc Distribution is taking part in the 'Make it in the Emirates', reinforcing its commitment to the UAE's industrial strategy, youth empowerment, and local economic development. Through a series of strategic initiatives, Adnoc Distribution is showcasing its leadership in supporting UAE-made products, youth entrepreneurship, and sustainable local supply chains.
Make it in the Emirates supports the National Strategy for Industry and Advanced Technology by localising supply chains, enabling industrial growth through partnerships and investments, and promoting AI-driven innovation, financing, and startup empowerment.
Adnoc also announced that it has signed framework agreements valued at Dhs6 billion ($1.64 billion) with 12 UAE-based companies for manufacturing of critical industrial equipment in the UAE, supporting the 'Make it in the Emirates' initiative.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dubai real estate sector recorded $4.4bn of transactions last week, including $27m apartment
Dubai real estate sector recorded $4.4bn of transactions last week, including $27m apartment

Arabian Business

time40 minutes ago

  • Arabian Business

Dubai real estate sector recorded $4.4bn of transactions last week, including $27m apartment

The Dubai real estate sector recorded AED16.29bn ($4.4bn) of transactions last week, according to data from the Land Department. Sales transactions dominated the figures, with AED10.96bn ($3bn), according to Land Department data. In total there were 4,695 sales transactions recorded between August 11 and August 15. Dubai real estate last week Among the most expensive sales transactions listed on the Land Department website were: An apartment in Selicon Star 2 in Silicon Oasis sold for AED100m ($27.2m) An apartment in Bugatti Residences by Binghatti in Business Bay sold for AED57m ($15.5m) An apartment in One Casa at Dubai Water Canal sold for AED52.8m ($14.4m) The Land Department also showed mortgage deals worth AED4.32bn ($1.2bn) last week. Gift transactions in the same period were valued at AED1bn ($275m).

UAE leads MENA M&A boom with $25.4b as regional deals hit $58.7b in H1 2025
UAE leads MENA M&A boom with $25.4b as regional deals hit $58.7b in H1 2025

Arabian Business

time40 minutes ago

  • Arabian Business

UAE leads MENA M&A boom with $25.4b as regional deals hit $58.7b in H1 2025

The MENA region recorded 425 merger and acquisition (M&A) deals in the first half of 2025, marking a 31 per cent increase in volume and a 19 per cent rise in value to $58.7bn (AED215.6bn) compared with the same period in 2024, according to the latest EY MENA M&A Insights report. This performance builds on momentum from 2024, supported by regulatory reforms, policy shifts, and a resilient macroeconomic outlook. While activity slowed slightly in Q2 due to shifting global trade policies and regional conflicts, dealmaking remained robust, with diversification strategies and high-potential sectors fuelling growth. UAE leads MENA M&A activity Cross-border transactions accounted for 233 deals worth $45.9bn (AED168.5bn), representing 55 per cent of total volume and 78 per cent of total value in H1 2025 — the highest level in five years. Chemicals and technology dominated, contributing 67 per cent of cross-border deal value, led by Borealis AG and OMV AG's $16.5bn (AED60.6bn) acquisition of a 64 per cent stake in Borouge plc. Brad Watson, MENA EY-Parthenon Leader, said: 'The positive performance in the first half of 2025 underscores the strength, dynamism, and resilience of MENA's M&A market. We are witnessing record-breaking cross-border activity as investors look beyond short-term volatility, actively pursuing scale, innovation, and new market opportunities. 'The UAE, in particular, remains a magnet for global capital, supported by a stable regulatory framework and a focus on economic diversification.' The UAE and Saudi Arabia attracted a combined $27.9bn (AED102.3bn) in the first half of 2025. The UAE led with $25.4bn (AED93.3bn), while Saudi Arabia secured $2.5bn (AED9.1bn), mainly in chemicals, technology, industrials, and real estate. Inbound M&A surged 53 per cent to 107 deals, with value soaring from $6.4bn (AED23.5bn) in H1 2024 to $21.5bn (AED79.1bn). The UAE captured 50 per cent of inbound volume and an extraordinary 98 per cent of inbound value, with Austria contributing 77 per cent of inbound investment on the back of landmark chemical sector transactions. Domestic deals totalled 192 transactions worth $12.8bn (AED47.1bn), a 22 per cent rise in volume and a 94 per cent jump in value year-on-year. The largest was Group 42's $2.2bn (AED8.1bn) acquisition of a 40 per cent stake in Khazna Data Centre. Outbound activity climbed to 126 deals worth $24.4bn (AED89.6bn), up 30 per cent in volume compared with H1 2024. The UAE and KSA accounted for 87 per cent of outbound value, with notable transactions including ADNOC and OMV AG's acquisition of Canada's Nova Chemicals, and Saudi Aramco's $3.5bn (AED12.9bn) purchase of Primax in South America. Government-related entities and sovereign wealth funds contributed $21bn (AED77.1bn) across 54 deals, led by ADIA, PIF, and Mubadala. Activity focused on chemicals, technology, and industrials, aligned with national diversification strategies. Anil Menon, MENA EY-Parthenon Head of M&A and ECM Leader, said: 'Stable oil prices, ongoing infrastructure development, and a strategic focus on technology, chemicals, and industrials are creating solid foundations for sustained activity. 'As the year progresses, we expect intensifying competition for high-quality assets, particularly those aligned with national transformation agendas and offering strategic value beyond financial returns.'

UAE leaps 27 spots to 16th in global Government Support Index 2025
UAE leaps 27 spots to 16th in global Government Support Index 2025

Arabian Business

time40 minutes ago

  • Arabian Business

UAE leaps 27 spots to 16th in global Government Support Index 2025

The UAE achieved a major milestone in global competitiveness, advancing to 16th place worldwide in the 2025 Government Support Index, one of the key indicators featured in the International Institute for Management Development's (IMD) World Competitiveness Yearbook. The ranking represents a remarkable 27-place improvement from the UAE's 43rd position in 2024. The Government Support Index measures the value of government support as a percentage of gross domestic product (GDP). UAE competitiveness It serves as a benchmark for the efficiency of public financial resource management and a country's ability to stimulate economic growth through effective public spending. The Ministry of Finance said the UAE's rapid rise reflects the efficiency of its fiscal policies and ongoing efforts to strengthen the effectiveness of public expenditure. This progress has been achieved through close coordination between the federal government and local financial departments, advancing financial analysis tools and optimising resource allocation. The Ministry added that continued improvements in financial data quality, sustainability practices, and fiscal balance are central to the UAE's long-term strategy. These measures not only enhance global competitiveness but also support the country's commitment to the UN Sustainable Development Goals. The Ministry said: 'We aspire to rank among the world's top ten in the Government Support Index by 2026, guided by the vision of our wise leadership and the dedication of our national teams. 'We will continue to embed a results-driven approach based on effective public spending and financial sustainability to drive the nation's growth.' According to the IMD Yearbook, the UAE ranked among the world's top 10 in several competitiveness indicators, underscoring its strong fiscal framework: 1st place globally in both venture capital and collected personal income tax as a percentage of GDP 2nd in corporate profit tax rate 3rd in government budget surplus/deficit ($bn) 4th in both decline in indirect tax revenues and decline in consumption tax rate 5th in taxes collected on capital and property 6th in public finance 7th globally, 1st regionally in government expenditure as a percentage of GDP 9th in real growth of government consumption expenditure These achievements highlight the UAE's ability to balance fiscal transparency, economic sustainability, and global competitiveness, reaffirming its position as a leading international hub for investment and innovation.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store