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Tabreed is back in black + Taqa’s bottom line is on the rise in 3Q
The company accomplished a lot this year
TODAY: Acwa Power secures USD bns in financing for solar projects
What we’re tracking this morning regionally and around the world
Mixed 2Q earnings from Dewa and Tabreed has a good quarter
Dewa’s revenues jumped 7.8% to AED 7.8 bn
Tabreed is set to issue USD 1.2 bn green bonds next year
The money will be used to pay back a USD 700 mn loan set to mature in 2025
Fertiglobe, Tabreed, and Ma’aden post 1Q earnings
Fertiglobe and Tabreed’s bottomlines dipped while Ma’aden had a good 1Q
UAE’s district cooling giants partner on efficiency
The agreements aim to reduce cooling costs and demand.
UAE’s Tabreed buys back outstanding USD 500 mn trust certificates
The company received approval to purchase USD 200.7 mn of the trust certificates
Tabreed on track to issue USD 1 bn bond + sukuk this year
The funds will further expansion and company plans.
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