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Taqa Elects New Members to its Board of Directors

Abu Dhabi National Energy Company PJSC (TAQA), a leading global energy and water company headquartered in the UAE, has announced the election of three new members to its Board of Directors during a special General Meeting.

 

The new board members approved by TAQA shareholders are as follows:

• Mohamed Hassan Al Suwaidi

• Jasim Thabet

• Jaap Kalkman

 

Speaking on the election, Saeed Mubarak Al Hajeri, Chairman of TAQA, said: “Our new members will add a wealth of expertise and organizational knowledge to TAQA’s board. I am confident that these additions will reinforce our strategic objectives for growth and development. As TAQA enters the next phase of our journey, which includes refocusing on our expansion plans and maximizing our existing assets, we welcome the contributions of our new members to help guide the company and advance the interests of shareholders.”

 

TAQA delivered stable operational and financial results in the first half of 2019, with AED 9 billion of revenue in the first half of the year, a 5% increase compared to H1 2018, and a profit of AED 214 million.

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