Adnoc Distribution Signed MOU With Partner in Saudi, Deputy CEO Says

The video discusses the company's financial performance, highlighting significant growth in EBITDA, net profit, and cash flow. It outlines cost reduction strategies and future plans, emphasizing the importance of continued efforts. The expansion into Saudi Arabia is explored, focusing on partnerships and the business model. Consumer trends in the UAE and Saudi Arabia are analyzed, with a focus on convenience retail. The importance of local partnerships in Saudi Arabia is stressed, aiming for a reasonable market share.

What is the significance of having a local partner in Saudi Arabia according to the speaker?

How has the partnership with Giant impacted the convenience side of the business?

What are the speaker's ambitions regarding market share in Saudi Arabia?