الرئيس التنفيذي لشركة أدنوك للتوزيع لـCNBC عربية: محفظتنا تضم 800 محطة وقود في الامارات والسعودية ومصر

Transcript

00:00 "There are good signs for Adnok and our partner Total to continue the growth.

00:06 Today, we have 240 stations and God willing, we will continue to grow.

00:11 There is also a focus on Adnok's oil products, our special oil, Voyager.

00:19 Today, this oil has become global and is found in 32 countries.

00:24 Thank God, our oil has reached the Arab Egyptian Community.

00:30 How much of Adnok's investments are targeted to distribute its oil in the expansion plan in the Egyptian market?

00:35 Of course, the official number will be announced after we do everything.

00:40 Currently, the team is on the ground and the expansion of the number of stations will be more.

00:46 The more stations are available, the better the location, the better the roads, and the better the population density.

00:58 Therefore, the investment in the expansion of the stations is being made.

01:04 In general, the plan of Adnok is not only for the Arab Egyptian Community, but also for the Arab and Saudi Arabia.

01:12 The aim of the Emirates is to continue the growth of business.

01:16 There is a desire to achieve positive returns for our contributors.

01:20 This will be achieved through a smart growth plan and investment outside and inside the country.

01:28 Also, through enhancing the operational efficiency of the Adnok oil reserve.

01:32 My next question is about the size and contribution of the company in Egypt in the total profits of Adnok for distribution.

01:39 The deal began at the beginning of this year.

01:43 The Adnok oil reserve has 813 stations in the UAE, 240 stations here, and 76 stations in the Arab and Saudi Arabia.

01:57 The size is good, but the most important thing is that this investment is enhanced with future investment steps.

02:11 Today, we are studying various investment opportunities in the Arab and Saudi Arabia, Egypt, and the UAE, and also in other areas.

02:20 In the expansion plan, are there other options compared to Egypt, Saudi Arabia, and the UAE?

02:24 As a company, we are always looking for special investment opportunities.

02:31 We are always looking for these opportunities in the current markets, such as the UAE, Saudi Arabia, and Egypt.

02:38 We are also looking for other countries to invest in if there is a suitable investment opportunity that achieves the desired returns.