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INTERVIEW - Egypt key in ADNOC Distribution regional expansion strategy: CEO - Energy
INTERVIEW - Egypt key in ADNOC Distribution regional expansion strategy: CEO - Energy

Al-Ahram Weekly

time23-06-2025

  • Automotive
  • Al-Ahram Weekly

INTERVIEW - Egypt key in ADNOC Distribution regional expansion strategy: CEO - Energy

ADNOC Distribution, the UAE's leading fuel and convenience retailer, has officially launched its premium Voyager lubricants across Egypt, marking a key milestone in its regional growth strategy. The move, in partnership with TotalEnergies Marketing Egypt (TEME), underscores the company's long-term commitment to the Egyptian market and its ambition to enhance local manufacturing and retail networks. In an exclusive interview with Ahram Online, ADNOC Distribution CEO Bader Saeed Al Lamki shares insights into the company's expansion plans, local investments, and vision for the future of energy and mobility in Egypt. Ahram Online: How does ADNOC Distribution view operations in the Egyptian market? Badr Saeed: At ADNOC Distribution, we are excited about our ongoing commitment to the Egyptian market. In 2023, ADNOC Distribution acquired 50 percent of TotalEnergies Marketing Egypt (TEME), underscoring a belief shared by both of our companies in Egypt's dynamism and potential. Through this acquisition, we already have more than 240 fuel stations across the country and maintain robust wholesale and aviation fuel businesses. A major recent milestone was the national launch of our ADNOC Voyager lubricants across the country. For the first time, they are now available at third-party retail outlets. We plan to have them available at 3,000 retail points across Egypt by the end of 2026. Since December 2024, we have been manufacturing Voyager lubricants in Egypt, the first place outside the UAE where we blend these lubricants. We are investing in local production, creating skilled jobs, and helping reduce the need for imports. It is a win-win: We meet demand for top-quality lubricants in a key growth market while supporting Egypt's manufacturing goals. This marks a significant milestone in our regional expansion strategy. Egypt's thriving automotive and manufacturing sectors, coupled with a growing population and an enabling environment for inward investment, made introducing Voyager a natural next step. Ultimately, Egypt is not just another market for ADNOC Distribution but a key part of our bigger vision to lead the way in innovation and customer experience. Everything we do here supports our five-year growth strategy as we transform into a regional leader in mobility and convenience retail. AO: How does ADNOC Distribution perceive Egypt's steps to empower the private sector and enhance business in the country? BS: Egypt is an important market for ADNOC Distribution, and our commitment to it has only strengthened since we entered its market two years ago. ADNOC Distribution recognizes Egypt's efforts to strengthen the private sector and foster a more dynamic business environment. Egypt's ambitions of attracting global investment through flagship projects and developing a robust domestic industrial base align perfectly with ADNOC Distribution's strategy and goals, both within Egypt and further afield. Later this year, we will open our very first flagship service station in Egypt, located in New Cairo. This new station will feature an expanded ADNOC Oasis convenience store and a broader range of automotive services – a slightly more elevated experience than what we offer at our existing ADNOC-branded stations across the country. It will reflect the same premium experience as our flagship stations in the UAE. We believe Egyptian customers deserve the best. It is a mature market with discerning consumers who know quality when they see it. Choosing Cairo for our next flagship service station says a lot about our confidence in Egypt's future and our commitment to the market. AO: What is in the pipeline regarding ADNOC Distributions' expansion plan in Egypt and collaboration with the Egyptian government? BS: ADNOC Distribution is actively assessing opportunities to establish new fuel stations in Egypt, including in the New Administrative Capital and along the North Coast. We are also exploring growth opportunities in our aviation fuel business through TEME, our local partnership with TotalEnergies. Currently, we operate at Cairo and Marsa Alam airports, and we are looking to expand further in response to growing demand driven by Egypt's tourism sector and its emergence as a regional logistics hub. Through our partnership with TotalEnergies, we are exploring opportunities to expand lubricant blending operations to meet both local and export demand. More broadly, we contribute to meeting the energy needs of a developing manufacturing base, the tourism and logistics sectors, and a growing population. There is a lot of energy here, and we are positioning ourselves to be part of it. AO: Is ADNOC Distribution planning to make new acquisitions in the Egyptian market? BS: ADNOC Distribution is always looking for new ways to grow and expand, especially in international markets, including Egypt. We are constantly evaluating our international footprint per our five-year growth strategy. If the right opportunity comes along, especially one that fits with our long-term goals and is value-accretive, we will assess it to ensure it helps us grow and delivers real, lasting value for our shareholders while bringing our industry-leading products and services to more communities than ever before. Follow us on: Facebook Instagram Whatsapp Short link:

INTERIVIEW - Egypt key in ADNOC Distribution regional expansion strategy: CEO - Energy
INTERIVIEW - Egypt key in ADNOC Distribution regional expansion strategy: CEO - Energy

Al-Ahram Weekly

time23-06-2025

  • Automotive
  • Al-Ahram Weekly

INTERIVIEW - Egypt key in ADNOC Distribution regional expansion strategy: CEO - Energy

ADNOC Distribution, the UAE's leading fuel and convenience retailer, has officially launched its premium Voyager lubricants across Egypt, marking a key milestone in its regional growth strategy. The move, in partnership with TotalEnergies Marketing Egypt (TEME), underscores the company's long-term commitment to the Egyptian market and its ambition to enhance local manufacturing and retail networks. In an exclusive interview with Ahram Online, ADNOC Distribution CEO Bader Saeed Al Lamki shares insights into the company's expansion plans, local investments, and vision for the future of energy and mobility in Egypt. Ahram Online: How does ADNOC Distribution view operations in the Egyptian market? Badr Saeed: At ADNOC Distribution, we are excited about our ongoing commitment to the Egyptian market. In 2023, ADNOC Distribution acquired 50 percent of TotalEnergies Marketing Egypt (TEME), underscoring a belief shared by both of our companies in Egypt's dynamism and potential. Through this acquisition, we already have more than 240 fuel stations across the country and maintain robust wholesale and aviation fuel businesses. A major recent milestone was the national launch of our ADNOC Voyager lubricants across the country. For the first time, they are now available at third-party retail outlets. We plan to have them available at 3,000 retail points across Egypt by the end of 2026. Since December 2024, we have been manufacturing Voyager lubricants in Egypt, the first place outside the UAE where we blend these lubricants. We are investing in local production, creating skilled jobs, and helping reduce the need for imports. It is a win-win: We meet demand for top-quality lubricants in a key growth market while supporting Egypt's manufacturing goals. This marks a significant milestone in our regional expansion strategy. Egypt's thriving automotive and manufacturing sectors, coupled with a growing population and an enabling environment for inward investment, made introducing Voyager a natural next step. Ultimately, Egypt is not just another market for ADNOC Distribution but a key part of our bigger vision to lead the way in innovation and customer experience. Everything we do here supports our five-year growth strategy as we transform into a regional leader in mobility and convenience retail. AO: How does ADNOC Distribution perceive Egypt's steps to empower the private sector and enhance business in the country? BS: Egypt is an important market for ADNOC Distribution, and our commitment to it has only strengthened since we entered its market two years ago. ADNOC Distribution recognizes Egypt's efforts to strengthen the private sector and foster a more dynamic business environment. Egypt's ambitions of attracting global investment through flagship projects and developing a robust domestic industrial base align perfectly with ADNOC Distribution's strategy and goals, both within Egypt and further afield. Later this year, we will open our very first flagship service station in Egypt, located in New Cairo. This new station will feature an expanded ADNOC Oasis convenience store and a broader range of automotive services – a slightly more elevated experience than what we offer at our existing ADNOC-branded stations across the country. It will reflect the same premium experience as our flagship stations in the UAE. We believe Egyptian customers deserve the best. It is a mature market with discerning consumers who know quality when they see it. Choosing Cairo for our next flagship service station says a lot about our confidence in Egypt's future and our commitment to the market. AO: What is in the pipeline regarding ADNOC Distributions' expansion plan in Egypt and collaboration with the Egyptian government? BS: ADNOC Distribution is actively assessing opportunities to establish new fuel stations in Egypt, including in the New Administrative Capital and along the North Coast. We are also exploring growth opportunities in our aviation fuel business through TEME, our local partnership with TotalEnergies. Currently, we operate at Cairo and Marsa Alam airports, and we are looking to expand further in response to growing demand driven by Egypt's tourism sector and its emergence as a regional logistics hub. Through our partnership with TotalEnergies, we are exploring opportunities to expand lubricant blending operations to meet both local and export demand. More broadly, we contribute to meeting the energy needs of a developing manufacturing base, the tourism and logistics sectors, and a growing population. There is a lot of energy here, and we are positioning ourselves to be part of it. AO: Is ADNOC Distribution planning to make new acquisitions in the Egyptian market? BS: ADNOC Distribution is always looking for new ways to grow and expand, especially in international markets, including Egypt. We are constantly evaluating our international footprint per our five-year growth strategy. If the right opportunity comes along, especially one that fits with our long-term goals and is value-accretive, we will assess it to ensure it helps us grow and delivers real, lasting value for our shareholders while bringing our industry-leading products and services to more communities than ever before. Follow us on: Facebook Instagram Whatsapp Short link:

ADNOC Distribution's ESG report highlights sustainability and innovation efforts
ADNOC Distribution's ESG report highlights sustainability and innovation efforts

Zawya

time12-06-2025

  • Business
  • Zawya

ADNOC Distribution's ESG report highlights sustainability and innovation efforts

ABU DHABI: ADNOC Distribution has published its 2024 Environmental, Social, and Governance (ESG) Report. The report details major progress in sustainability, climate action, innovation, community investment, and national value creation. Prepared in line with GRI Standards and verified by KPMG, it aligns with the UAE Net Zero by 2050 agenda and ADNOC Group's Net Zero by 2045 ambition. In a statement today, ADNOC Distribution said it continues to evolve its ESG strategic vision in line with leading local and global ESG agendas, such as the UAE Energy Strategy 2050, the UAE initiative to achieve Net Zero by 2050, the National Climate Change Plan of the UAE 2017-2050, the Environment Vision 2030, and the Abu Dhabi Economic Vision 2030. "Through our initiatives, ADNOC Distribution is constantly seeking new ways to reduce our carbon footprint and promote renewable energy solutions to reduce carbon intensity in its operations by 25% by 2030. 'In line with our Decarbonization Roadmap was announced in 2023, outlining our commitment to significantly reducing carbon emissions and energy usage in our operations. To facilitate the implementation of this roadmap, we are identifying energy-saving opportunities within our facilities, retrofitting existing buildings, and further promoting the integration of renewable energy generation within our business.' Eng. Bader Saeed Al Lamki – CEO Of ADNOC Distribution commented, 'As we reflect on 2024, I am proud to share the remarkable strides ADNOC Distribution has made in our ongoing commitment to sustainability, innovation, and responsible growth.' He added, 'We significantly enhanced our ESG ratings, expanded our EV network to 220 charging points, and advanced over 20 AI-driven projects to elevate sustainability and operational efficiency. 'Our Emiratisation rate of over 62% and AED 3.9 million spent on CSR reflect our deep-rooted commitment to national development and social transparent governance, strong financials, and forward-looking sustainability initiatives, we are building a future that embraces both the well-being of our planet and the communities we serve.'

ADNOC Distribution burnishes its ESG credentials
ADNOC Distribution burnishes its ESG credentials

Al Etihad

time10-06-2025

  • Business
  • Al Etihad

ADNOC Distribution burnishes its ESG credentials

10 June 2025 17:31 A. SREENIVASA REDDY (ABU DHABI) ADNOC Distribution has demonstrated significant strides in its Environmental, Social, and Governance (ESG) agenda throughout 2024, as outlined in its comprehensive annual ESG report submitted to the Abu Dhabi Securities Exchange (ADX). This report not only highlights the company's progress but also underscores its commitment to sustainability as a fundamental aspect of its long-term strategy, signalling an ambition to lead the energy sector's transition towards a lower-carbon future. The year 2024 was marked by a series of tangible achievements across its six sustainability pillars, reflecting a dedication to transparency and stakeholder the realm of Climate, Emissions, & Energy, ADNOC Distribution achieved notable success with 100% of its UAE fleet operating on biofuels, leading to a substantial annual emissions reduction. All energy supplied for electric vehicle (EV) chargers is now derived from clean and renewables-based sources, with significant solar photovoltaic energy (5,083 MWh PV) generated from service station rooftops in Abu Dhabi and Dubai. The company also expanded its EV charging network to 220 fast and super-fast chargers and launched the second phase of its H₂GO pilot green hydrogen refuelling station. For the Local Environment, initiatives included planting over 25,000 mangrove seeds and collecting more than 5.8 million bottles through Reverse Vending Machines, alongside recording zero negative impacts on biodiversity and consistently conducting HSE impact company's Economic and Social Contribution saw it achieve a 71.4% In-Country Value contribution, alongside reporting its highest EBITDA since IPO at Dh3.86 billion and revenues of Dh35.45 billion. Investment in CSR initiatives was substantial, and the expansion of retail fuel infrastructure continued. Significant progress was made in Workforce Diversity and Development, with ADNOC Distribution employing a diverse workforce of 77 nationalities and increasing women's representation across various management and STEM roles. The Emiratisation rate surpassed 62%, and extensive training, wellbeing initiatives, and ESG awareness programmes were delivered to employees. Under Health, Safety, & Security, the company maintained an impressive safety record with zero fatalities and high-consequence work-related injuries, implementing fatigue management systems and conducting numerous HSE audits. Lastly, in Business Sustainability, an ESG Subcommittee was established at the Board level to embed sustainability into strategic decision-making. The company also secured ISO 22241 certification for ADNOC Blue, successfully met KPIs under its sustainability-linked loan, and enhanced its ESG ratings, leading to inclusion in prestigious ESG-linked company's leadership emphasised the strategic significance of these accomplishments. Eng. Bader Saeed Al Lamki, Chief Executive Officer, ADNOC Distribution, expressed his pride in the "remarkable strides ADNOC Distribution has made in our ongoing commitment to sustainability, innovation, and responsible growth." He specifically highlighted the expansion of the EV charging network, which quadrupled its reach, stating: "This expansion supports the UAE's transition to cleaner energy and makes sustainable mobility more accessible than ever." Paula Disberry, Chairwoman of the ESG Subcommittee, ADNOC Distribution, articulated her belief that "sustainability is not just a responsibility—it is an opportunity to drive long-term value for our stakeholders." She underscored that 2024 was "a pivotal year for ADNOC Distribution's ESG agenda,' marked by the establishment of the ESG Subcommittee to integrate risks, opportunities, and stakeholder expectations into business strategies. Athmane Benzerroug, Chief Strategy, Transformation, and Sustainability Officer, ADNOC Distribution, confirmed the company's advanced sustainability efforts "with a heightened sense of responsibility and a clear path forward.' He detailed the decarbonisation roadmap, aiming to reduce carbon intensity by 25% by 2030 and accelerate Net Zero by 2045, further adding, "Our focus on sustainable energy has reached new heights with the successful expansion of our hydrogen infrastructure."

ADNOC Distribution launches nationwide availability of Voyager in Egypt
ADNOC Distribution launches nationwide availability of Voyager in Egypt

Arabian Business

time29-05-2025

  • Automotive
  • Arabian Business

ADNOC Distribution launches nationwide availability of Voyager in Egypt

ADNOC Distribution launched its acclaimed ADNOC Voyager lubricants across Egypt, making it available at third-party points of sale in the country for the first time. ADNOC Voyager products were currently available at select points of sale in Greater Cairo and the Nile Delta, as well as on Amazon and noon e-commerce platforms. It aims to reach 3,000 points of sale nationwide by the end of 2026. The launch is in partnership with TotalEnergies Marketing Egypt (TEME), which is 50 per cent owned by ADNOC Distribution, having acquired half its stake in 2023. Selected Voyager products are being produced at a TEME blending facility in Borg El Arab, thus combining local manufacturing with expanded distribution capabilities. This also contributes to Egypt's broader economic strategy of boosting domestic production and attracting foreign investment into the industrial sector. The facility has helped create skilled job opportunities, strengthened local supply chains, and reduced dependence on imports. Bader Saeed Al Lamki, CEO of ADNOC Distribution, commented: 'The national launch of ADNOC Voyager lubricants in Egypt marks a key milestone in our strategy to expand the reach of ADNOC's trusted, high-performance lubricants across Egypt and North Africa. 'The roll-out builds on ADNOC Distribution and TotalEnergies' shared commitment to sustainable growth and innovation, while deepening our collaboration, expanding ADNOC's regional footprint, and building future-ready capabilities that serve national priorities and regional markets alike.' The nationwide rollout in Egypt is a continuation of ADNOC Distribution's international growth strategy as it expands its footprint beyond the UAE and Saudi Arabia into North Africa. Egypt's high-potential fuel retail and mobility market gives ADNOC Distribution access to North Africa's largest customer base. The company aims to become a leading regional mobility player as part of its five-year growth strategy. ADNOC Voyager offers a wide range of high-performance products for automotive, industrial, and marine applications. With over 180 international OEM approvals and certifications from API and JASO, ADNOC Voyager is trusted in more than 47 countries worldwide and is the leading lubricant brand in the UAE. Thomas Strauss, Managing Director & Country Chair of TotalEnergies Marketing Egypt, added: 'Launching ADNOC Voyager lubricants in Egypt is a proud achievement for TEME and a reflection of the strength of our partnership. 'By manufacturing locally in Borg El Arab, we are ensuring accessibility, reliability, and top-tier performance for our customers. TotalEnergies Marketing Egypt represents a unique collaboration, proving that the two energy majors – TotalEnergies and ADNOC Distribution – can come together to drive innovation and elevate industry standards. By leveraging our combined expertise, we are crafting an efficient, sustainable supply chain that benefits the local market.'

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