ADNOC Distribution Champions UAE-made Products at ADNOC Oasis Stores
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 program, 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 homegrown 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% UAE-made products for sale. The unique store showcased locally-roasted coffee, food, and specialty 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 prioritize 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.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Wamda
6 hours ago
- Wamda
Arab Fund invests in Shorooq's Nahda Fund II to expand SME credit access in MENA
The UAE-based Arab Fund for Economic and Social Development, through its Badir Fund for SMEs, has invested in Shorooq's Nahda Fund II—a Qualified Investor Fund regulated by FSRA ADGM. The move aims to expand access to structured credit for startups and small businesses, especially tech-focused ones, across the region. Established in 2017, Shorooq is known for alternative financing models in MENA. Its Nahda Funds provide flexible, non-dilutive financing to growth-stage companies like fintech Abhi and self-storage platform The Box, which recently secured $15 million and $12.5 million, respectively, in debt financing to scale operations. This strategic partnership addresses the persistent financing challenges Arab SMEs face due to restrictive bank lending. Press release: In a strategic move to bridge the financing gap for small and medium enterprises (SMEs) across the Arab world, the Arab Fund for Economic and Social Development , through its SME financing arm, Badir Fund, is investing in Shorooq's Nahda Fund II, a Qualified Investor Fund registered with the FSRA ADGM. This investment aims to enhance access to credit for technology companies, fostering economic growth and innovation in the region. Badir Fund for Developing SMEs is a special account managed by the Arab Fund. It helps small businesses access the financing and technical assistance they need to grow and profit, creating jobs and driving private sector-led growth. Shorooq, regulated by the FSRA ADGM as a Fund Manager, is a leading alternative investment manager in the MENA region and has pioneered debt financing solutions for startups through its Nahda Funds. The second iteration, Nahda Fund II, continues this mission by offering flexible financing options to growing businesses, signifying a revitalisation of entrepreneurial ventures in the region. The collaboration between the Badir Fund and Shorooq's Nahda Fund II comes at a time when SMEs face challenges in accessing traditional bank financing. Banks often have restrictive lending criteria, leaving many SMEs underserved. This partnership aims to fill that gap by providing tailored credit solutions that meet the unique needs of SMEs. Nathan Kwon, Partner and Credit Head at Shorooq, commented on the partnership: 'This collaboration with the Badir Fund is a significant step towards empowering SMEs in the Arab region. By combining our expertise in structured financing with the Badir Fund's commitment to economic development, we can provide SMEs with the necessary resources to thrive.' Dr. Essam AlQuorashy, Secretary General for Badir Fund 'This investment from the Arab Fund will unlock vital growth opportunities for small businesses, promote their growth and foster financial inclusion of underserved segments across the Arab region.' Shorooq's portfolio companies, such as Abhi and The Box, exemplify the potential of structured financing. Abhi, a fintech company, secured $15 million in debt financing led by Shorooq to expand its earned wage access services, promoting financial inclusion for employees and SMEs. The Box, a self-storage firm, secured $12.5 million in financing to enhance its operations. The investment by the Badir Fund in Shorooq's Nahda Fund II underscores a shared commitment to fostering SME growth and economic development in the Arab region. By providing SMEs with access to credit, this partnership aims to unlock new opportunities and drive sustainable economic progress.
Al Bawaba
19 hours ago
- Al Bawaba
UAE SMEs show steady optimism despite economic headwinds, says RAKBANK SME Confidence Index 2025
RAKBANK has released its latest SME Confidence Index, highlighting a promising outlook for the UAE's Small & Medium Enterprise (SME) sector. Based on insights from over 1,200 UAE-based SMEs collected between October and December 2024, the report – done in partnership with RFI Global – reveals an SME Confidence Index score of 57. Measured against a base score of 50, the findings reflect a stable and optimistic sentiment against a dynamic economic environment. The 2025 findings illustrate that UAE SMEs continue to build on the momentum of the resilience demonstrated in recent years. Despite a marginal drop in the overall Index score by 4 points from 61 in 2023 to 57 in 2024, the findings show that optimism remains steady, with over two-thirds (68%) of SMEs viewing the future business environment as favourable, and more than 60% reporting revenue growth over the past two challenges persist, including rising operational costs, corporate tax implementation, and high borrowing costs, the overall trajectory signals adaptability and optimism among SMEs in navigating the evolving business Ahmed, Group Chief Executive Officer of RAKBANK, commented on the findings, saying: 'This has been a milestone month for RAKBANK's Business Banking Group, reinforcing our commitment to the UAE's dynamic SME first launched the RAKBANK RFI SME Confidence Index in 2024, providing timely insights into SME sentiment, challenges, and growth outlook across the country. RAKBANK has also been named the UAE's Best Bank for SMEs at the Euromoney Awards for Excellence 2025, a recognition of our continued focus on enabling business a further boost to the SME ecosystem, RAKBANK and Emirates Development Bank announced a strategic AED 1 billion co-financing partnership during the 'Make it in the Emirates' forum, held under the patronage of the Ministry of Industry and Advanced and medium enterprises are the backbone of every thriving economy, and in the UAE, they play a central role in driving diversification and sustainable development. At RAKBANK, we continue to reinforce our commitment to be a trusted partner on their journey, providing the insights, tools and support they need to grow their businesses and contribute to the wider economy.'Key highlightsThe report showcases several trends shaping the SME sector in 2025. Consumer & Retail Services remain the highest-performing sector, driven by a continued rise in consumer spending and successful adoption of new business channels. The report also highlights how SMEs across industries are prioritising product innovation and market expansion as key strategies for growth in a competitive Consumer & Retail Services SMEs achieved a sector confidence score of 60, Construction & Manufacturing (57), Transport (57), and Trading (58) remained steady in confidence, while Public Services and Professional Services saw more notable declines to 56, largely due to increased costs and lower confidence in debt servicing. Key takeaways include:• Overall confidence remains above baseline: While the Index score decreased slightly to 57 from 61 in 2024, it still signals positive sentiment across the board.• Revenue growth continues: More than 3 in 5 SMEs reported an increase in annual revenue over the last two financial years.• SMEs with revenue up to AED 30 million posted the highest confidence score at 58, while larger SMEs (AED 30-100 million) dipped to 55.• Rising costs present challenges: Over two-thirds of SMEs experienced higher operational costs, while only 39% expressed confidence in meeting debt obligations, down from last year.• Digital adoption is on the rise: 22% of SMEs now sell their products or services online, and 45% use digital banking channels monthly.• Sustainability is gaining attention: 55% of SMEs are either on or planning to begin a sustainability journey, with 1 in 3 citing it as a short-term business challenges head-onWhile UAE SMEs remain optimistic, they are also navigating barriers such as increased costs of doing business, rising demand for credit, competitive pressures, and adapting to the corporate tax regime introduced in 2024. To address these issues, many SMEs are investing ambitiously in technology, operational efficiencies, and sustainability strategies aimed at long-term report further emphasises the role of financial partners in this equation, with SMEs citing tailored banking solutions as a key support system. This finding underscores RAKBANK's continued mission to empower UAE SMEs with innovative financial products, relevant market data, and strategic guidance. What's especially encouraging from the survey, is the sector's forward-looking mindset. We're seeing increased focus on entering new markets, investing in talent, and modernising payment infrastructure. At RAKBANK, we see our role as a partner in that journey, providing not just financial solutions but also the advisory support needed to help them grow with confidence.
Al Bawaba
19 hours ago
- Al Bawaba
Al Masaood Automobiles Powers Nissan's Growth Story in Abu Dhabi with Year-on-Year Growth
Following Nissan's recent announcement of strong business performance over the first nine months of its fiscal year 2024, Al Masaood Automobiles, the authorised distributor for Nissan in Abu Dhabi, Al Ain, and the Western Region, has also recorded notable growth, with Nissan sales crossing 22,000 units in the capital in Fiscal Year '24 (April 2024 – March 2025). This result highlights Al Masaood Automobiles role as a key contributor to the brand's strong regional momentum and signals sustained customer confidence in Nissan's offerings and presence in the Emirate of Abu Dhabi. The company's success comes at a time of significant shifts in the global automotive landscape. Despite an influx of new entrants to the market, fierce competition from emerging brands, and evolving trade dynamics, Al Masaood Automobiles not only maintained its leading position but achieved record sales volumes and grew its market share to unprecedented levels. This remarkable performance highlights the company's agility and resilience in an increasingly competitive environment. A key driver of this exceptional growth has been Al Masaood Automobiles' ability to deliver integrated "phygital" experiences - blending physical and digital touchpoints to provide customers with a seamless experience. By leveraging advanced technologies and data-driven tools, the company has deepened its understanding of customer preferences, allowing it to curate more personalised and memorable ownership journeys. This digitally enabled approach has complemented the strong performance of Nissan's diversified SUV lineup, which continues to resonate with today's discerning customers. In the large SUV segment, Nissan Patrol sales, across all models, grew by an impressive 34% compared to the same period last year, reinforcing the model's iconic status in the capital. Meanwhile, in the core retail crossover segment - the Nissan X-Trail and KICKS combined sales surged by 33%, underscoring rising demand for versatile, family-ready vehicles that suit both urban and adventurous lifestyles. Irfan Tansel, Chief Executive Officer of Al Masaood Automobiles, said: 'What makes the growth we've achieved at Al Masaood Automobiles Nissan even more remarkable is that, in the face of intense market competition, a surge in new market players, and a year defined by global shifts in the automotive landscape, we didn't just hold our ground—we expanded it. In fact, we recorded our highest-ever sales volumes, pushing our market share to unprecedented levels. Our growth reflects the trust our customers place in us, the dedication of our teams to offering seamless and delightful customer experiences, and certainly Nissan's long enduring popularity in our market. With a diverse product lineup and a customer-first approach across sales and aftersales at Al Masaood Automobiles, we remain focused on maintaining our leading position in the industry." Beyond strong vehicle sales, Al Masaood Automobiles' aftersales services and value-packed customer experiences have also played a fundamental role in strengthening customer relationships and enhancing overall brand loyalty. As a customer centric organisation, the company has consistently prioritised understanding the evolving needs of its customers. Supporting this approach is Al Masaood Automobiles' state-of-the-art service facility - the largest in the world for Nissan, fully digitised and designed with features like an air-conditioned drive-in service receptions to offer customers a smooth and comfortable experience. By offering comprehensive and seamless ownership journeys from purchase through to maintenance and care – and across every touchpoint, Al Masaood Automobiles continues to deliver value, convenience, and peace of mind to its growing customer base. With the recent launches of the all-new Nissan Patrol, KICKS, and Magnite in the market and the strategic direction set by Nissan's global business plan, The Arc, Al Masaood Automobiles Nissan is well-positioned to sustain its growth trajectory. As customer expectations continue to evolve, the company remains committed to expanding its portfolio, enhancing customer experiences and service offerings, and investing in new technologies that elevate the mobility experience in the Emirate of Abu Dhabi.
