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Acwa Power, Sabic and Emirates Steel Arkan report 3Q earnings
Acwa’s bottomline increases on the back of an uptick investments and Sabic’s net losses deepen as demand stagnates
Saudi's Marafiq reports a y-o-y drop in net income and revenues
Marafiq reports a 39% y-o-y drop in 3Q: Saudi's utility firm Marafiq recorded a 39.2% y-o-y fall in net income…
Ma’adan slumps into net losses in 3Q on the back of decreased sales
Ma’aden slides into net losses in 3Q 2023: Saudi Arabian Mining Company Ma’aden reported SAR 83 mn in net losses…
KSA’s Sabic Agri-Nutrients reports a 55% y-o-y dip in net income
KSA’s Sabic Agri-Nutrients reports a y-o-y dip in 3Q: Saudi chemicals manufacturer Sabic Agri-Nutrients reported a 55% decrease in net…
UAE’s Taqa and KSA’s Ma’aden report drops in net income in 2Q, while KSA’s Tadweeer sees an increase of 19.8% in 1H net income
2Q earnings season is in full swing, and we have a mixed bag of reports this morning from UAE’s Taqa…
KSA’s Acwa Power net income and revenues get a bump in 2Q
A solid 2Q for Acwa Power: Saudi Arabia’s Acwa Power reported a 6.3% y-o-y increase in net income in 2Q…
Dewa reports 24% slump in net income in 2Q despite rising demand
A mixed 2Q for Dewa: The Dubai Electricity and Water Authority (Dewa) reported a 24% y-o-y drop in net income…
Abdul Latif Jameel-backed EV maker Rivian net loss recovers in Q2 with a 67.5% increase in revenues
A better than expected 2Q for Rivian: Abdul Latif Jameel-backed EV startup Rivian Automotive reported a narrower-than-expected net loss for…
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