Friday 9 December 2016
 
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energy company

Taqa 9-month revenues down 17pc

Abu Dhabi National Energy Company (Taqa) has posted revenues of Dh12.1 billion ($3.29 billion) for the first nine months of 2016, down 17 per cent over Dh14.7 billion ($4 billion) for the same period last year. Announcing the resu

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Taqa 9-month revenues down 17pc

Abu Dhabi National Energy Company (Taqa) has posted revenues of Dh12.1 billion ($3.29 billion) for the first nine months of 2016, down 17 per cent over Dh14.7 billion ($4 billion) for the same period last year. Announcing the resu

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RAK Petroleum posts $22m Q1 profit

RAK 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

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Taqa net profit drops 26pc in 2011

Abu 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

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