The ENOC Group has announced the signing of a Memorandum of Understanding (MoU) to establish a framework for collaboration across e-commerce, quick commerce (q-commerce), logistics enablement, retail innovation, and transport-ready solutions.
The MoU provides a structured framework for ENOC Group and 7X to assess alignment and support their strategic priorities across several focus areas, including exploring joint ventures in high demand segments such convenience stores, auto parts and assessing opportunities to integrate, operate, and scale existing dark store solutions.
They will also evaluate the integration of 7X’s National Network for Logistics (NXN) retail services, including out-of-home Pick-Up Drop-Off (PUDO) solutions and smart lockers, within ENOC’s retail network.
Energy expertise
“By combining ENOC’s retail footprint and energy expertise with 7X’s advanced logistics and digital capabilities, we continue to improve the mobility journeys of our customers,” stated Hussain Sultan Lootah, Group CEO, ENOC.
“Our goal is to drive measurable advancements in reliability and efficiency, ensuring seamless, world-class access for all our customers,’ remarked Tariq Al Wahedi, Group CEO, 7X.
The parties will also assess solutions to equip the fleet operated by 7X’s logistics arm (EMX) with mobile, secure and automated refuelling capabilities to improve operational efficiency, and will leverage 7X’s infrastructure and strategic assets to deliver services that benefit communities across the UAE.
