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ACWA Power on quarterly & semi-annual finance

ACWA Power on quarterly & semi-annual finance: Consolidated net profit attributable to equity holders of the parent for the first six months reached SAR542 million, a 21% increase year-on-year. Operating income before impairment loss and other expenses for the same period at SAR1,153 million increased by 9% The Company’s share of renewable energy capacity in…
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Gazprom refuses to pay shareholders this year

Gazprom refuses to pay shareholders this year All shareholders of Russian majority state-owned Gazprom will not get dividends on last year’s financial results. This marks the first time the energy giant chose not to pay dividends since the date 1998. Gazprom’s Deputy Chief Executive Officer Famil Sadygov stated: “The shareholders decided that in the current…
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