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UAE’s TAQA sees 2012 capex at $2.0-2.2B

UAE’s TAQA sees 2012 capex at $2.0-2.2B

Abu Dhabi National Energy Co (TAQA) expects to increase capital spending to between $2.0 billion to $2.2 billion this year as it pushes ahead with expansion plans.

March 14, 2012 1:53

Abu Dhabi’s TAQA Q3 profit more than doubles

Expects 2012 capex "roughly same" as 2011; Q3 profit 537 mln dirhams vs 218 mln dirhams year-ago; Oil & gas revenues rise 68 pct in Q3; Shares rise 0.9 pct on Abu Dhabi bourse

November 15, 2011 11:42

Oman telco Nawras to reduce capital spend and costs

Capital expenditure to fall from 2012 as network built out; Q3 net profit 13.5 mln rials vs 12.5 mln rials a year ago; Subscriber numbers fall 3.6 pct year-on-year

October 27, 2011 2:04