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02/07/2015 16:52 AST
Abu Dhabi National Energy Company (Taqa) said on Thursday that it was not holding merger talks.
The company "confirms that it is not engaged in merger discussions with any government or other entity", it said in a brief statement to the bourse.
Sources familiar with the matter told Reuters this week that Abu Dhabi might merge its national energy company into another state-owned business to make the firm's debts more manageable and try to turn around its performance.
Reuters
09/02/2018
Abu Dhabi National Energy Company (Taqa) has registered a Dh171 million ($46.5 million) net profit in 2017 compared to a Dh19 billion ($5.2 billion) loss the previous year, primarily on the back of h
Trade Arabia
23/11/2017
Abu Dhabi National Energy Co is talking to banks to obtain loan facilities of up to $1.3 billion which would refinance maturing debt after the Abu Dhabi government declined to approve a planned bond
Reuters
09/11/2017
Abu Dhabi National Energy Company (Taqa), a leading global energy company headquartered in Abu Dhabi with operations in 11 countries, today announced a total revenue of Dh12.5 billion ($3.40 billion)
Trade Arabia
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
RIBL | 13.83 | 1,519,548 |
JARIR | 177.89 | 111,251 |
STC | 83.41 | 257,644 |
DARALARKAN | 13.47 | 74,648,349 |
Ticker | Price | Change |
---|---|---|
PETRORABIGH | 25.42 | 0.41 (1.63 |
BAHRI | 31.56 | -0.29 (-0.92 |
DANA | 0.96 | -0.02 (-2.05 |
ADNOCDIST | 2.64 | 0.07 (2.72 |
ALDREES | 26.08 | -0.31 (-1.18 |
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News