Riyadh - Exclusive Sharikat Mubasher: ENOC, a leading integrated global energy player based in UAE, plans to grant more than 500 fuel station franchises to expand its business in Saudi Arabia, Mohammad Buobaid, General Manager of ENOC Saudi Arabia, told Sharikat Mubasher.
In an interview held on the sidelines of Biban 2024, Buobaid revealed that the company aspires to conclude the franchise agreements during the event.
He clarified that ENOC currently has 28 fuel stations in the Kingdom and aims to increase this number by granting more franchises to interested station owners and companies.
Buobaid further emphasized Biban 2024’s pivotal role in providing opportunities for Saudi youth and showcasing their success stories.
Biban 2024, organized by the Small and Medium Enterprises General Authority (Monsha’at), takes place in Riyadh from 5 to 9 November, with the participation of more than 1,350 local and international exhibitors, over 250 speakers, and more than 150 enablement entities from around the world.
It targets creating a stimulating environment, raising administrative, financial, and technical competencies, and motivating the owners of ideas to launch their projects by allowing them to meet with local and global experts and share knowledge with key decision-makers and investors.