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- Oman's Islamic finance industry set to reach $45bn this year, says Fitch
- MSX index records seventh straight monthly gain, up 7.9% in January
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- GWC inks strategic collaboration with EU cloud platform Apify
22/10/2025 02:01 AST
Terra Tech, a startup specialising in battery-swapping stations, has launched its first electric motorbike station in Abu Dhabi, with Adnoc Distribution serving as a strategic enabler to advance the UAE's sustainable mobility infrastructure.
The expansion represents a key step in Terra Tech's expansion into the capital and highlights the important role of Adnoc Distribution's nationwide infrastructure in enabling sustainable mobility solutions.
Positioned within one of Adnoc's flagship service stations, the battery-swapping facility is the first of its kind in the capital and will serve the growing community of last-mile delivery riders operating battery-powered electric motorbikes across Abu Dhabi.
Riders will now be able to swap depleted batteries for fully charged ones in seconds, reducing downtime, cutting emissions, and supporting the transition away from conventional fuel-powered mobility.
"Expanding into Abu Dhabi is a pivotal step in Terra Tech's journey to build future-ready electric mobility infrastructure across the UAE," said Husam Zammar, Founder of Terra Tech "Adnoc Distribution's extensive service station footprint provides us with a powerful platform to reach riders where they are and accelerate the adoption of clean mobility in the capital."
Trade Arabia
10/11/2025
Abu Dhabi's state energy giant Adnoc is preparing for one of the most important growth phases in its history, with its trading arm set to boost the volume of oil and refined products it handles by ne
Khaleej Times
07/11/2025
Adnoc Distribution Chief Executive Officer Bader Al Lamki said the company earmarks between $250 million and $300 million annually to support organic growth across the three countries where it operat
Trade Arabia
31/10/2025
Adnoc Distribution has reported its strongest quarterly earnings since its IPO in 2017, with Q3 2025 EBITDA reaching $319 million, up 15.9 per cent year-on-year, and net profit climbing 21.5 per cent
Khaleej Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SAUDIARAMCO | 24.52 | 0.06 (0.24 |
| ADNOCGAS | 3.36 | 0.02 (0.59 |
| ADNOCDRILL | 5.49 | 0.09 (1.66 |
| BAHRI | 29.50 | 0.00 (0.00 |
| ADES | 16.97 | 0.12 (0.71 |
02/02/2026
Saleh Abdulaziz Al Rashed & Sons Company, a leading provider of construction materials, mining and industrial spare-parts solutions based in Saudi Arabia, said on Sunday it set a price range of SAR45
Trade Arabia
02/02/2026
Gulf Bank KSCP ("Bank") announced its financial results for the full year ending December 31, 2025. The Bank reported a net profit of KD 52.4 million for the full year 2025, with an earning per share
Kuwait Times
02/02/2026
As part of its ongoing commitment to community engagement, youth empowerment, and financial literacy, Gulf Bank participated in the Al-Bayan Bilingual School Carnival, reaffirming its strategic focus
Kuwait Times
02/02/2026
Qatar National Bank (QNB) said the global macroeconomic framework for 2026 remains supportive of emerging market (EM) assets, despite ongoing volatility. The bank emphasized the growing importance of
QNA
02/02/2026
Gulf Warehousing Company (GWC), one of the region's leading logistics providers, has sealed a strategic collaboration with Apify, a European cloud platform specializing in web data extraction, automa
Trade Arabia
Financial Information Co.
Saudi Arabia