logo
UAE energy giant ADNOC to inaugurate new state-of-the-art service station in New Cairo in 2025 - Energy

UAE energy giant ADNOC to inaugurate new state-of-the-art service station in New Cairo in 2025 - Energy

Al-Ahram Weekly18-02-2025
UAE's energy giant ADNOC Distribution plans to open a new state-of-the-art service station in New Cairo in 2025, featuring an expanded ADNOC Oasis convenience store and a broader range of automotive services.
ADNOC made the announcement on Tuesday during Egypt's largest Energy Show, EGYPES 2025, held from 17 to 19 February at Al-Manara International Conference Centre in New Cairo.
Key players in the energy sector worldwide are participating in this event.
Founded in 1971, ADNOC is a leading diversified energy group owned by the Abu Dhabi Government.
The announcement coincided with ADNOC Distribution and TotalEnergies' celebration of the second anniversary of their successful joint venture in TotalEnergies Marketing Egypt (TEME).
The new station will complement the 11 existing ADNOC-branded stations in the country, reflecting the company's commitment to providing industry-leading customer experiences.
Additionally, ADNOC's Voyager lubricants, blended locally by TEME, will soon be available through independent distributors, expanding their reach beyond ADNOC Distribution stations.
ADNOC stressed that this move highlights Egypt's growing potential as an export-focused manufacturing hub.
Meanwhile, TEME aims to enhance its future presence in Egypt's aviation fuel market, capitalizing on its strategic role as a transport and tourism hub in North Africa and beyond.
Both companies reaffirmed their commitment to supporting Egypt's energy needs, fostering economic growth, and delivering world-class services.
Through continued expansion of its retail network and investments in local manufacturing, TEME is positioned to play a vital role in Egypt's energy landscape, promoting sustainability and economic development in the future.
A journey of success!
In 2023, ADNOC Distribution acquired a 50 percent stake in TEME, which operates over 240 fuel retail sites nationwide and has wholesale, aviation fuel, and lubricant blending operations. This acquisition enabled ADNOC to introduce its retail fuel and Oasis convenience store brands to the Egyptian market.
'The ongoing success of our TEME joint venture demonstrates the value of our international expansion strategy in driving growth. Egypt's significant economic potential is a key part of our journey, and we are proud to deliver innovative solutions and exceptional customer experiences aligned with our vision for regional leadership,' said Bader Saeed Al Lamki, CEO of ADNOC Distribution.
'This partnership underscores our mutual dedication to strengthening Egypt's energy solutions. We recognize the immense potential of the Egyptian market and are committed to fostering sustainable growth,' according to Thomas Strauss, managing director and country chair of TEME.
Short link:
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Carving space: Women challenging Egypt's gendered labour divide - Society
Carving space: Women challenging Egypt's gendered labour divide - Society

Al-Ahram Weekly

timean hour ago

  • Al-Ahram Weekly

Carving space: Women challenging Egypt's gendered labour divide - Society

Despite Egypt's low global ranking on gender equality, women are making quiet inroads into male-dominated professions—from metro driving and butchery to painting and carpentry—challenging societal expectations and reshaping the meaning of work and agency across the country. Their stories reflect the immense potential of Egyptian women to reshape economic participation, even as Egypt continues to rank near the bottom of global gender equality indices. In recent years, Egypt has taken unprecedented steps to enhance women's economic empowerment and increase their representation in public life. The National Strategy for Women's Empowerment, launched in 2017, aligns with Egypt's Vision 2030, promoting gender equality through a national action plan. According to the Ministry of Planning and Economic Development, women now hold 26 percent of positions in government—the highest share to date—and 15 percent of seats in parliament, with 162 of 596 representatives. Between 2021 and 2022, 209 women were appointed as judges in the State Council and Public Prosecution, marking a significant milestone in judicial representation. But on the global stage, the picture is more sobering. The World Economic Forum's (WEF) Global Gender Gap Report 2025 places Egypt 139th out of 148 countries, having closed just 62.5 percent of its gender gap—ranking it among the ten lowest globally. Women remain starkly underrepresented in Egypt's workforce. They account for just 7 percent of senior leadership roles, and only 18 percent of working-age women are in the labour force, compared to 73 percent of men, according to a 2024 World Bank report. Nearly half the population is female—yet their economic potential remains largely untapped. The World Bank estimates that closing the gender employment gap could boost GDP by around 56 percent. Structural, legal, and social barriers persist. World Bank research reveals that 45 percent of men and 33 percent of women oppose using childcare services outside the family—a critical obstacle in a society where women remain the primary caregivers. Moreover, one in four men say they don't support women working at all. Still, a growing number of women are defying these norms—carving new paths in jobs long seen as the domain of men—Ahram Online profiles four of these trailblazers. Hend Hashem: Driving change on Cairo's metro When passengers board Cairo's metro, a lifeline for millions of commuters, some are surprised to find a woman at the controls. At 33, Hend Hashem became Egypt's first female metro driver in 2021, swapping a career in mathematics for the driver's cabin. Her journey began unexpectedly during maternity leave, when she saw a government announcement inviting women to apply for the newly opened role. She passed a series of rigorous exams—both theoretical and practical—and made history. The public response has been mixed. Some passengers pause at the cabin to confirm, with wide eyes, that a woman is indeed behind the wheel. 'Some would hesitate to board, worried about 'women's driving,'' she says with a faint smile. However, there have also been moments of affirmation—such as a passenger with special needs thanking her for her patience. For Hashem, mastering the technical demands of train operations is part of the job. The real challenge, she says, lies in overcoming doubt. Taqawa El-Helawany: Butcher of Imbaba For 35 years, Taqawa El-Helawany has held her ground in Cairo's Imbaba market—running her own butcher shop and even influencing local meat prices. Formerly an executive secretary, she returned to school and earned a diploma, the only one of her siblings to do so. Breaking into butchery wasn't easy. She faced harassment, mockery, and turf wars from male butchers. But she stood firm, eventually winning their respect. 'I knew from the beginning this field wouldn't be easy,' she says. 'I confronted them until I carved out a place for myself.' Resistance also came from the wives of male butchers—women who had long assisted their husbands and saw El-Helawany as a threat. 'They told me to 'make use of my degree,'' she says. 'But I told them: 'I'm working with my own money.'' By controlling the sausage casing trade in Ezbet El-Saaida and paying her suppliers in advance, El-Helawany gained autonomy over pricing and supply, thereby establishing herself as a market fixture. She also used her earnings to send all her daughters to university. Her eldest is now an engineer. And while she briefly joined a political party to serve her neighbourhood, she later withdrew, disillusioned by self-interest. She has since supported charitable efforts distributing food and essentials in Imbaba. Heba Abdulrahman: Painting a future in colour Heba Abdulrahman is a decorative painter and entrepreneur with a growing reputation across Egypt. Her tools are brushes and colour palettes—but she's also a skilled carpenter and electrician, often working up to 18 hours a day. Her journey into the trade began 15 years ago, when she offered to renovate a doctor's clinic, charging only for supplies and promising not to take a fee if he wasn't satisfied. The doctor was sceptical—until a decoration engineer approved her work. The commissions soon followed. Moving between rented flats, she picked up carpentry and repair work to save money. But painting remained her passion. Her father had taught her the basics of maintenance; over time, she turned those lessons into refined artistic skill. Scepticism was relentless. She was told her place was 'in the kitchen' and accused of 'stealing men's jobs.' However, client praise and the quality of their work silenced critics. Despite her growing success, Abdulrahman notes a persistent pay gap: women in manual trades still earn less than men for similar work. Her next goal is to open a workshop and train other women, sharing the skills that have built her career. Asmaa Mujahid: Usta of the workshop In a small furniture workshop, Asmaa Mujahid carries a title few women ever hear: Usta—a term used in Egypt to describe a master craftsperson, typically a man. Her entry into carpentry was unexpected. When her husband fell ill, she stepped in to finish his outstanding work. Upon recovering, he was stunned by the quality of what she'd done. Since then, Mujahid has not only mastered the trade but refined it. She introduced new designs and exhibited furniture in collaboration with IKEA—moves that made her husband proud. At first, male colleagues baulked. 'One craftsman said, 'We're not used to taking orders from women,'' she recalls. But her professionalism won them over. Some now seek her guidance. She's sustained injuries—cuts and splinters are part of the job—but wears them as badges of honour. Her ambition now is to expand the workshop into a full-fledged factory. Follow us on: Facebook Instagram Whatsapp Short link:

Egyptian expat remittances jump 69.6% to $32.8 bln in July-May FY24/25: CBE - Economy
Egyptian expat remittances jump 69.6% to $32.8 bln in July-May FY24/25: CBE - Economy

Al-Ahram Weekly

time2 hours ago

  • Al-Ahram Weekly

Egyptian expat remittances jump 69.6% to $32.8 bln in July-May FY24/25: CBE - Economy

Remittances from Egyptians working abroad surged by 69.6 percent year-on-year from July 2024 to May 2025, reaching approximately $32.8 billion, the Central Bank of Egypt (CBE) announced on Wednesday. This marks a significant rebound compared to the $19.4 billion recorded in the same period of fiscal year 2023/2024. According to the CBE data, remittance inflows also saw strong performance from January to May 2025, rising 59 percent year-on-year to about $15.8 billion, up from $9.9 billion in the same period in 2024. May 2025 witnessed a record-breaking $3.4 billion in remittances on a monthly basis, the highest level ever recorded for May, representing a 24.2 percent increase compared to $2.7 billion in May 2024. The sharp rise in remittance inflows comes amid broader efforts by the Egyptian authorities to stabilize foreign exchange markets, attract hard currency, and enhance financial flows from abroad. Remittances remain one of Egypt's most vital sources of foreign currency, alongside the revenues from the Suez Canal, tourism, and foreign direct investment. The surge in remittance inflows that Egypt has recently witnessed is one of the country's achievements under the ongoing Extended Fund Facility's (EFF) $8 billion loan programme. Follow us on: Facebook Instagram Whatsapp Short link:

UK, Egypt to Launch Strategic Partnership During Starmer's Visit to Cairo in Fall 2025
UK, Egypt to Launch Strategic Partnership During Starmer's Visit to Cairo in Fall 2025

See - Sada Elbalad

time2 hours ago

  • See - Sada Elbalad

UK, Egypt to Launch Strategic Partnership During Starmer's Visit to Cairo in Fall 2025

Nada Mustafa The British government announced that the United Kingdom (UK) and Egypt will launch a strategic partnership during Prime Minister (PM) Keir Starmer's visit to Cairo in the fall of 2025. The partnership aims to create new opportunities for mutual growth and strengthen economic ties, with a shared commitment to enhancing the prosperity and security of both nations. According to a statement from the British Prime Minister's Office on Wednesday, Starmer and Egyptian President Abdel Fattah El-Sisi will co-chair an investment conference that will bring together leading British and Egyptian companies. The statement added that the UK and Egypt share deep and historic ties, cooperating across a wide range of areas, from climate change to international security, from trade and investment to tourism. These relations are further enriched by strong people-to-people and cultural connections. However, both countries are now looking to deepen this cooperation in pursuit of shared prosperity and greater regional and global security. Therefore, the governments of Egypt and the United Kingdom have committed to elevating their bilateral relationship into a strategic partnership. This commitment marks a significant milestone that will enable both governments to enhance and organize existing cooperation in line with shared interests and priorities, including trade and investment, irregular migration, regional security, and the humanitarian crisis in the Gaza Strip. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks

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