ENOC aims to grant over 500 franchises in Saudi Arabia

NOHA.GAD
Nov 7, 2024

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.


Share

Related News

Servcorp investments in Kingdom worth SAR 210 mn
News
Calendar Icon
November 21, 2024
Servcorp investments in Kingdom worth SAR 210 mn
readmore
Investment Ministry issues 3,850 new investment licenses in Q3-24
News
Calendar Icon
November 21, 2024
Investment Ministry issues 3,850 new investment licenses in Q3-24
readmore
Saudi Arabia grants 65 RHQ licenses in Q3-24
News
Calendar Icon
November 21, 2024
Saudi Arabia grants 65 RHQ licenses in Q3-24
readmore
PwC Middle East to acquire Emkan to enhance education sector
News
Calendar Icon
November 21, 2024
PwC Middle East to acquire Emkan to enhance education sector
readmore
Safa Investment, Investment Capital partner to launch SAR 1.1 bn funds
News
Calendar Icon
November 13, 2024
Safa Investment, Investment Capital partner to launch SAR 1.1 bn funds
readmore
Egypt’s Bekia eyes expanding into Saudi Arabia
News
Calendar Icon
November 11, 2024
Egypt’s Bekia eyes expanding into Saudi Arabia
readmore
ENOC aims to grant over 500 franchises in Saudi Arabia
News
Calendar Icon
November 7, 2024
ENOC aims to grant over 500 franchises in Saudi Arabia
readmore
Luís Figo: Biban 2024 offers huge opportunity for startups
News
Calendar Icon
November 7, 2024
Luís Figo: Biban 2024 offers huge opportunity for startups
readmore
MISA issues over 3,800 investment licenses in Q3-24
News
Calendar Icon
November 5, 2024
MISA issues over 3,800 investment licenses in Q3-24
readmore
ScienceWerx opens Riyadh office, launches $100mn pre-seed fund
News
Calendar Icon
November 4, 2024
ScienceWerx opens Riyadh office, launches $100mn pre-seed fund
readmore