{
  "id": 738191,
  "title": "TAQA profit rises 9.7%, approves Dh899 million dividend for shareholders",
  "url": "https://urgent.news/2026/08/13/taqa-profit-rises-9-7-approves-dh899-million-dividend-for-shareholders",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T06:07:31.000Z",
  "source": {
    "name": "Gulf News",
    "slug": "gulf-news",
    "url": "https://gulfnews.com/business/markets/taqa-profit-rises-97-approves-dh899-million-dividend-for-shareholders-1.500639403"
  },
  "original_language": "en",
  "account": "Abu Dhabi-listed utility TAQA reported a 9.7% increase in net income for the first half of 2026, reaching Dh4.1 billion compared to Dh3.7 billion in the same period last year. Despite a 2.6% decline in revenue to Dh27.5 billion from Dh28.2 billion, the group's operating performance improved with EBITDA increasing 7.7% to Dh11 billion. Higher earnings from transmission and generation businesses, as well as capital expenditure climbing 38% to Dh7.2 billion, contributed to the strong results. TAQA approved a Dh899 million interim dividend for shareholders and continued its renewable energy expansion, including a stake in Masdar and green bond issuances.",
  "summary": "Dubai: TAQA shareholders will receive a second-quarter interim dividend of 0.8 fils per share, worth approximately Dh899 million, after the Abu Dhabi-listed utility reported a 9.7% increase in first-half net income despite lower revenue. Net income attributable to shareholders reached Dh4.1 billion in the first six months of 2026,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}