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TAQA reports $3 68bn net income for H1

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities, reported a net income of AED13.5 billion ($3.68 billion) for the first half of 2023, an increase of AED9.2 billion, driven by a one-off gain of AED10.8 billion.

UAE Business: TAQA reports $3 68bn net income for H1

TAQA reports $3 68bn net income for H1

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities, reported a net income of AED13.5 billion ($3.68 billion) for the first half of 2023, an increase of AED9.2 billion, driven by a one-off gain of AED10.8 billion.

Deteriorating economy, political uncertainty hit China-led Gwadar Port Project in Pakistan

China, the sole investor in the Gwadar projects are hesitating to invest amid uncertainties as the ongoing economic crisis and political instability in Pakistan are hitting Chinese investment sentiments.

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