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 الاتحاد
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الاتحاد

2026-08-13T07:10:11.000Z

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Tadawul reports 4.1 billion dirhams net income H1

Tadawul reports 4.1 billion dirhams net income H1

Abu Dhabi National Energy Company "Taqa" announced its financial results for the half-year ending June 30, 2026. The company recorded revenues of AED 27.5 billion, and its EBITDA increased by 7.7% to AED 11 billion. Shareholders' income also rose by 9.7% to AED 4.1 billion. Capital expenditures grew by 38% to AED 7.2 billion. These results reflect the company's success in strengthening its investments in the electricity and water sectors, expanding renewable energy projects, and securing a contract with ADNOC. Taqa is considered one of the leading companies supporting industrial development and sustainability in the UAE, with a continued focus on infrastructure projects and the development of its renewable energy portfolio.

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