Zawya - Press Releases: ENOC Group and 7X collaborate to enhance digital transformation and innovation across various sectors in the UAE.
Dubai, UAE : ENOC Group, a leading global integrated energy company, and 7X, a leading group in the trade, transport and logistics sectors in the UAE, announced the signing of a Memorandum of Understanding to establish a general framework for cooperation in the areas of e-commerce, express trade, logistics enablement, retail innovation and mobility-related solutions.
This agreement provides a structured framework between ENOC Group and 7X to assess alignment and support strategic priorities in several areas of mutual interest. These include exploring joint ventures in high-demand sectors such as retail and automotive parts, and evaluating opportunities to leverage and scale existing dark shop operations and solutions to serve online ordering platforms. The two groups will also assess the integration of 7X's National Logistics Network (NXN) services, including pickup and delivery solutions and smart lockers, into ENOC's retail network.
On this occasion, Hussain Sultan Lootah, Group CEO of ENOC, said: “This collaboration with 7X reinforces our commitment to innovation and digital transformation. By combining ENOC’s retail presence and energy expertise with 7X’s advanced logistics and digital capabilities, we continue to enhance the mobility experiences of our customers, while providing more efficient operations for businesses across the country, in line with the UAE’s vision to build a diversified and sustainable knowledge-based economy and digital transformation.”
For his part, Tariq Ahmed Alwahedi, CEO of 7X, said: “Our collaboration with ENOC falls within the framework of our ongoing efforts to develop logistics and retail services in line with market needs and demand in the country. Through this collaboration, we have been keen to lay model foundations for assessing integration opportunities within vital sectors and supporting the development of a practical approach to testing use cases and verifying their feasibility across interconnected service channels, which contributes to achieving measurable improvements in reliability, efficiency, and ease of access to services for customers.”
This collaboration will identify opportunities to align ENOC Group’s YES loyalty rewards program with 7X’s platforms and services to enhance customer engagement. The two parties will also evaluate solutions to provide the operational fleet managed by 7X’s logistics arm (EMX) with mobile, secure, and automated refueling capabilities to improve operational efficiency, and will leverage 7X’s infrastructure, sites, and assets to deliver services that benefit communities across the UAE.
Through this step, ENOC Group and 7X continue to work together in the areas of digital innovation, leveraging advanced technologies, and improving services provided to communities throughout the UAE.
About ENOC Group
Emirates National Oil Company (ENOC) is a leading integrated oil and gas group and a major contributor to the global energy sector. Wholly owned by the Government of Dubai, ENOC plays a pivotal role across the entire energy value chain. The Group’s operations span exploration and production, refining, supply, trading and manufacturing, storage facilities, retail and distribution, and aviation fuel and petroleum products for commercial and industrial use. Its non-oil business includes automotive services, retail services, and integrated project development solutions. With a diverse portfolio of operations and a workforce of over 12,500 employees, ENOC delivers leading services to thousands of customers in more than 60 markets, committed to providing the highest standards of service, cutting-edge technology, and best practices to support the economic and social development of the UAE.
For more information, please visit: www.enoc.com
-I finish-
#Company Data
Disclaimer regarding the content of press releases
The content of this press release is provided by a third-party provider. We do not assume any responsibility for, nor do we have any control over, such content. This content is provided on an "as is" and "as available" basis and is not edited in any way. Neither we, nor our affiliates, will be liable for the accuracy, endorsement, or completeness of any opinions, views, information, or materials contained in this content.
This press release is provided for informational purposes only; the content does not constitute legal, investment, or tax advice, nor does it offer any opinion on the suitability, value, or profitability of any particular portfolio or investment strategy. Neither we nor our affiliates will be liable for any errors or inaccuracies in the content, or for any actions you take based on that content. You expressly agree and acknowledge full responsibility for your use of the information contained in this press release.
To the extent permitted by applicable law, Refinitiv, its parent company, subsidiaries, affiliates, relevant shareholders, directors, officers, employees, agents, advertisers, content providers, and licensors (collectively, the 'Refinitiv Parties') shall not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive, or exemplary damages; This includes, but is not limited to, losses of profits, savings, or revenues, whether due to negligence, tort, contract, or other theories of liability, even if the parties to Refinitiv were advised of the possibility of any such damages or losses occurring or actually anticipated them.
