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Taqa Group’s 1Q 2023 net income jumps on back of 5% acquisition in Adnoc Gas
One-off transactions boost Taqa Group’s 1Q net income: The UAE’s Taqa Group (Taqa) reported a 480% y-o-y rise in net…
Tabreed’s 1Q 2023’s net income jumps on back of new customers and projects
A solid 1Q for Tabreed: The UAE’s National Central Cooling Company (Tabreed) reported a 169% y-o-y rise in net income…
Marafiq 1Q 2023’s net income down on back of higher financing costs
Not the best quarter for Marafiq: The Saudi Public Investment Fund-backed Marafiqsaw its net income fall 25.3% y-o-y in 1Q…
Acwa Power reports 78% y-o-y growth in net income in 1Q 2023
A good 1Q for Acwa Power: Saudi Arabia's renewable energy utility Acwa Power reported a 78% y-o-y rise in net…
Fertiglobe 1Q 2023’s net income falls on the back of lower gas selling prices, muted demand
Not the best 1Q for Fertiglobe: MENA fertilizers firm Fertiglobe — a joint venture between Adnoc and OCI — saw…
Dewa reports robust results for 1Q 2023 on the back of strong demand
A solid 1Q for Dewa: State utility provider Dubai Electricity and Water Authority (Dewa) reported a 10.4% y-o-y increase in…
SABIC’s 1Q 2023 net income plunges on back of global prices squeeze
A bad 1Q for SABIC: The Saudi Basic Industries Corp (SABIC) reported a 90% y-o-y fall in net income in…
Empower’s 1Q 2023 revenues are up as demand for district cooling grows
A mixed 1Q for Empower: Emirates Central Cooling Systems’ (Empower) net income dropped 7.7% y-o-y in 1Q 2023 to AED…
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