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Schneider Electric posts solid results for 1Q, updates growth target for FY 2023
Schneider Electric posted group revenues of EUR 8.5 bn during 1Q 2023 — a record high for the first quarter…
KSA’s Tadweeer sees bottom line soaring in 2022 on the back of robust sales
Robust results for Tadweeer: Saudi-based recycling company Tadweeer reported a 61% y-o-y rise in net income in 2022 to SAR…
Acwa Power reports a 103% increase in net income for 2022
Saudi Arabia’s Acwa Power reported SAR 1.5 mn in net income in 2022, rising 103% y-o-y, according to the company’s…
EV maker Lucid Group revenues rise 32% in 4Q 2022
Lucid Group reports 32% q-o-q increase in 4Q 2022 revenue but is yet to break even: US-based EV manufacturer Lucid…
Fertiglobe had a good 2022, despite a drop in 4Q bottom line + Tabreed’s 2022 income and revenue rise as it continues regional expansion drive
Fertiglobe reports slimmer 4Q 2022 bottom line, but annual net income and revenue are up: Fertiglobe — a UAE-headquartered urea…
Wind energy giants racking up losses — even as the business grows
Wind giants GE, Vestas and Siemens Gamesa racked up losses last year on the back of rising maintenance costs, Renew…
Tabreed reports 3Q2022 results
The UAE’s National Central Cooling Company (Tabreed) reported AED 159.3 mn in net income after non-controlling interest in 3Q 2022,…
A good first day for Empower’s DFM debut
Emirates Central Cooling Systems Corp. (Empower) saw its shares rise 2.23% in its first day of trading on the Dubai…
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