{"id":105635,"date":"2026-02-06T21:15:45","date_gmt":"2026-02-06T17:15:45","guid":{"rendered":"https:\/\/lovin.co\/dubai\/?p=105635"},"modified":"2026-02-06T21:15:45","modified_gmt":"2026-02-06T17:15:45","slug":"adnoc-distribution-cfo-ali-siddiqi-on-record-results-ev-expansion-and-the-retail-transformation","status":"publish","type":"post","link":"https:\/\/lovin.co\/dubai\/en\/news\/adnoc-distribution-cfo-ali-siddiqi-on-record-results-ev-expansion-and-the-retail-transformation\/","title":{"rendered":"ADNOC Distribution CFO Ali Siddiqi On Record Results, EV Expansion And The Retail Transformation"},"content":{"rendered":"

ADNOC Distribution has closed what Chief Financial Officer Ali Siddiqi described as a \u201cspectacular year,\u201d posting record EBITDA of $1.17 billion and net profit growth of more than 15% year-on-year.<\/p>\n

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Speaking on the Smashi Business Show,<\/a> Siddiqi attributed the breakout performance to a long-term, growth-focused strategy rather than short-term gains<\/h2>\n

At the heart of that approach, he said, is driving more customers onto forecourts and into stores, backed by the right assets, locations and operational excellence. Fuel volumes rose 4.5%, but non-fuel retail profits expanded more than three times faster \u2014 a signal of ADNOC Distribution\u2019s gradual shift toward becoming what Siddiqi called a \u201cmobility and convenience retailer of choice.\u201d<\/p>\n

That transformation is being powered by expanding income streams across convenience stores, car washes, property and food and beverage.<\/p>\n

A fast-growing loyalty programme \u2014 now with 2.6 million members after rising 16% \u2014 provides valuable data to tailor offers, boost in-store visits and cross-sell services such as coffee and car care.<\/p>\n

Coffee alone, Siddiqi noted, has become one of the UAE\u2019s leading retail offerings in its category<\/h2>\n