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Taqa gains as energy giant earns 251% more in Q1

The Abu Dhabi market ADX slipped 0.12% Thursday, finishing the week at 2,478.15 points. Abu Dhabi National Energy Co. or Taqa gained 0.83% to reach Dhs1.20. Earlier in the day, Taqa reported that its first quarter net profit (after minority interests) reached Dhs152m, representing a 252% year-on-year increase. The emirate's first real state developer Aldar Properties dived 3.67% to Dhs1.05.