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ENOC ties up Abu Dhabi lubricants retail deal with MAG group
- United Arab Emirates: Monday, September 12 - 2005 at 12:47
- PRESS RELEASE
Emirates National Oil Company (ENOC) today announced that it had signed an agreement appointing Moafaq Al Gaddah (MAG) group to handle retail distribution of its ENOC Lubricants branded products in Abu Dhabi.
Hussain Sultan, ENOC Group Chief Executive and Board member, said: "The capital is an important market for us and crucial to consolidating the group's reputation as a leader in the lubricants industry. We are confident that our new partners in distribution will actively enhance our presence and contribute to our expansion across the UAE."
The MAG Group was established in 1978 in Abu Dhabi and has since developed into one of the leading business houses with interests in automotive accessories and spare parts products, IT and communications, as well as real estate. Speaking at the signing ceremony Ali Hussain, Manager at MAG, said: "We have more than 27 years experience in the market and our long established network offers the perfect platform for driving sales of ENOC Lubricants in the capital."
This latest distribution agreement follows hard on the heels of ENOC Lubricants major rebranding of its products. The exercise was supported by various marketing initiatives including a large-scale advertising campaign involving lightpole signs across prime locations around the capital and sales incentive programmes.
At the agreement signing ceremony in ENOC, Burhan Al Hashemi, Manager, EPPCO Lubricants, said: "The MAG Group was a natural choice when we were looking to drive sales in the captial. Adding MAG's network and expertise paves the way for ENOC Lubricants to reach heights."
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Notes and media contacts
ABOUT ENOCEstablished in 1993 as a wholly-owned company of the Government of Dubai, ENOC aims to promote the interests of its shareholders through the development of further downstream and upstream activities in the oil and gas sector and beyond and to encourage the economic diversification of Dubai and the rest of the UAE.
ENOC actively participates in an increasingly broad range of business ventures. Its joint ventures with major international companies allow partners to pool their technology, know-how and expertise along with their resources to further their commercial success.
Since its inception, ENOC has been guided by its philosophy of quality and professional management based on modern business concepts for commercial success and sustainable growth. Today it is poised to engineer a new and challenging period of growth and diversity.
ENOC's mission is to be the reliable Energy Partner of Choice in each sector in which it operates.
For further information, please contact:
Tania Harasimiuk/Patricia Tellis
ASDA'A Public Relations,
Exclusive Affiliate of Edelman PR Worldwide in Middle East and North Africa
Dubai, UAE
Tel: +971-4-3344550
Fax: +971-4-3344556
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