TAQA Arabia Net Profit Jumps 50% to EGP 1 Bn in 2025

TAQA Arabia Net Profit Jumps 50% to EGP 1 Bn in 2025

TAQA Arabia, Egypt’s leading private-sector energy distribution group, recorded a 50% year-on-year (YoY) increase in net profit for the fiscal year (FY) ending December 31, 2025, reaching EGP 1.05 billion (Bn), marking the first time the Group’s profits exceeded the EGP 1 billion profit threshold.

The Group’s consolidated revenues rose by 35% YoY to EGP 25.6 billion. This growth was driven by improved operational performance across its four business sectors: petroleum, natural gas, power, and water sectors, alongside the contribution of newly commissioned projects, according to the group’s earnings release.

The Petroleum division remained the largest contributor to the group’s revenues, generating EGP 15,715 million in sales, a 49.6% YoY growth. This performance was supported by an 8% increase in sales volumes and the commissioning of the new Alexandria terminal. Meanwhile, the Power division saw revenues reach EGP 4,230.3 million, up 19.8% YoY, boosted by rising demand and renewable energy projects.

In the natural gas sector, TAQA Arabia recorded revenues of EGP 5,476 million, representing a 12.8% YoY increase. The Group expanded its regional footprint by commissioning new compressed natural gas (CNG) stations in Tanzania and Mozambique. Additionally, the Saudi Arabia (KSA) business completed its first full year of operations, delivering an EBITDA increase of approximately 600% YoY.

Price adjustments implemented in 2024 have pushed revenues of the power division by 19 % to reach EGP 4,230.3 million. The distribution business also continued to benefit from earlier diversification efforts, serving a broad mix of tourism, industrial, and commercial clients.

The Water division showed the most rapid scale-up, with revenues surging 230% to EGP 171.5 million. The division reached an average operating capacity of 33,000 cubic meters (m³) per day. TAQA Arabia also qualified to bid for a desalination plant with a capacity of up to 55,000 m³ per day at a major petrochemical complex.

Looking ahead, the Power division is advancing the 3.2 GW Zafarana renewable energy project. The Group expects to conclude a Power Purchase Agreement (PPA) in 2026, which would represent the largest renewable energy project in Egypt.

The company is working on expanding the base of its activities in markets where it currently operates, according to the release.It continues to advance its LNG initiative in Tanzania, strengthening its integrated gas offering and supporting the expansion of energy solutions in underserved markets.

TAQA Arabia is also tapping the financial services market through a digital platform. The Group has established TAQA for Financial Investments as a holding company to support the launch of a consumer finance business, while Waqooud, its cashless fleet management and fuel services platform, is already deployed across more than 500 fuel stations.

Ii is also advancing the Golden Triangle project, an integrated initiative combining the capabilities of its four business arms under a public‑private partnership framework, that delivering state‑of‑the‑art, end‑to‑end services to clients through a one‑stop‑shop model.

Beyond Egypt, TAQA Arabia continues to expand into new regional and international markets. According to the release, the group is assessing opportunities to enter key Middle East markets:  Iraq, Libya, and Jordan, where growing demand for reliable energy and utility infrastructure presents compelling long‑term potential.

The earnings release mentioned that Taqa Water has plans to expand into new markets. “Taqa Water has reached a level of operational and technical maturity that positions it to explore opportunities across markets beyond Egypt, building on its established capabilities in water desalination.” Stated the release without mentioning any market or project.

The group serves over 1.8 million customers across 50 cities with natural gas, electricity, renewables, petroleum products, and water. The company invests in, builds, and operates energy infrastructure, including gas transmission and distribution in eight governorates, power generation, water treatment, and nationwide fuel retailing. Through its subsidiary Master Gas, TAQA runs a wide network of Compressed Natural Gas(CNG) stations and conversion centers, while also delivering mobile CNG services to off-grid areas, extending its reach across Egypt and the wider region.

 

 

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Sarah Samir 4149 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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