Siemens posts increased Q1 profit
The company said orders nearly doubled in mobility division.
Siemens posts record profit
Its shares rose over 6 percent on the Frankfurt Stock Exchange.
Ceer and Siemens deal to boost EV in Saudi Arabia
Riyadh-based Ceer is collaborating with Siemens Digital Industries Software to accelerate Ceer’s digital transformation and empower its engineers to design and build truly next-generation vehicles.
Siemens Energy posts Q3 loss
The group expects full-year net loss of around $4.94bn.
Siemens to expand business
BERLIN, GERMANY - German industrial giant Siemens said on Thursday it would build a new high-tech factory in Singapore and expand another in China as part of a two-billion-euro ($2.1 billion) investment plan to build up its manufacturing capacity.Siemens said it would invest around 200 million euros in the Singapore factory...
DEWA, Siemens discusses enhancing cooperation
DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority Saeed Mohammed Al Tayer discussed the latest advancements in smart grid technology with CEO of Grid Software at Siemens Sabine Erlinghagen.The meeting was attended by senior officials from DEWA and Siemens.The two sides discussed the latest developments in...
Siemens bags long-term service contracts for Iraqi power plants
Abu Dhabi, UAE -- Siemens Energy has been awarded long-term service contracts for several Iraqi power plants to improve energy stability and availability, as well as provide training, skills, and employment opportunities for Iraqis, Siemens said Tuesday.These contracts represent the first portion of prioritized projects under the Iraq Energy Agenda...Iraq loses 7500MW as Iran slashes gas exports to Baghdad
Baghdad, Iraq - Iraq's Minister of Electricity, Ziyad Ali Fadel said the national grid has lost 7,500 megawatts in the past days due to curtailed Iranian gas imports which led to a decline in processing hours.He said the memorandum of understanding signed with the German company Siemens will lead to...
Iraq to partner with General Electric to build 400 energy plants
Baghdad, Iraq--Iraq has begun constructing 400 energy plants of high-quality specifications in all regions across the country.In a press statement, Iraqi Minister of Electricity Ziyad Ali Fadel said that the Ministry has discussions and contracts with General Electric and other American companies to implement some of these projects.He pointed out...
Iraq’s Prime Minister heads to Germany for energy talks
BAGHDAD, IRAQ - Iraq's Prime Minister Mohammad Shia al-Sudani left Thursday for Berlin to meet with German Chancellor Olaf Scholz and discuss projects to address chronic power shortages, the premier's office said.Despite its oil riches, Iraq is beset by crumbling infrastructure, endemic corruption and decades of war.Dependent on its powerful neighbor...Siemens bags Egypt project
The company will upgrade power distribution system in Alexandria.
Expo City Dubai to open on 1 Oct, will house HQ of DP World
Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum said the Expo site will be transformed into Expo City Dubai, which will be home to a new museum, an exhibition center and free of single-use plastic.
Siemens profits down in Q2
Russia sanctions have cut the company's earnings by 600m euros
Egypt finalizes pact with Siemens to run high-speed train line
Egypt’s Ministry of Transport will sign a contract with Siemens to implement the second high-speed train line in the country. Media reports said the new line will extend from October 6 city to Aswan, with a length of 925 kilometers (575 miles approx.) The ministry has finalized negotiations with the...
Siemens lands UAE deal
This partnership is expected to support UAE Industry 4.0.
Utico lands Hassyan project deal
The MoU was signed at the WETEX and Dubai Solar Show.
Airbus joins DAX’s 10 new members
From Sept 20, the index of 30 firms will bring its total membership to 40 firms.Egypt taps consortium for $6bn high-speed rail line
The consortium consists of Siemens Mobility, Arab Contractors, and Orascom Construction. Egypt’s National Authority for Tunnels has chosen the consortium to design, install and maintain the rail line.
Siemens hydrogen plant in Egypt
Siemens Energy expects to kickstart the hydrogen industry in Egypt.
Dubai hosts MENA’s first Green Hydrogen project
It is an important milestone of the energy transformation, says Siemens official The project is a collaboration between Siemens, Dubai Electricity and Water Authority and Expo 2020 Dubai The Middle East and North Africa region saw its first green-hydrogen project unveiled in Dubai on Thursday, May 20. The project, implemented...
