ADNOC Distribution studies foray into Egypt’s EV charging market

The company aims to grow its EV charging network with over 500 new charging points to be deployed by 2028.

ADNOC Distribution is exploring entry into Egypt’s electric vehicle (EV) charging market and is currently in the process of securing the necessary operating licenses, according to CEO Bader Al Lamki.

As part of its expansion strategy, the company plans to launch its first integrated service station in New Cairo, which will be its largest in Egypt, as reported by Daily News Egypt. In addition, it is also assessing opportunities to establish new fuel stations in the New Administrative Capital and the North Coast, further strengthening its presence in the country.

Beyond fuel distribution and EV capabilities, ADNOC is expanding its aviation fuel operations in Egypt, where it currently supplies fuel at Cairo and Marsa Alam airports.

The company aims to invest between $250 million and $300 million across various markets in 2025, with a target of 40 to 50 new service stations. After beginning to manufacture lubricants in Egypt at the end of 2024, it now aims to expand further into African markets in the near future.

As part of its EV strategy, ADNOC Distribution has ramped up its charging network, growing beyond 100 charging points in the United Arab Emirates (UAE) last year.

Currently, the company operates fewer than 900 fuel stations across Egypt, the UAE, and Saudi Arabia. This number is set to be increased to 1,000 by 2028, while expanding its EV charging network with more than 500 new charging points.