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RAK Petroleum posts $22m Q1 profitRAK Petroleum, an UAE-based energy investment company, said it has registered a net profit of Dh81.3 million ($22.1 million) for the first quarter thus continuing its profitability into the fourth consecutive year. The company announ More… |
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Taqa net profit drops 26pc in 2011Abu Dhabi National Energy Company (Taqa) registered a 26 per cent drop in its net profit to Dh752 million ($204.7 million) in 2011, from Dh1.01 billion the year before, mainly due to an impairment charge and UK taxes. Taqa, a glo More… |
