TAQA Arabia reported a 40% increase in consolidated sales, reaching approximately EGP 18 billion in the third quarter (Q3) of 2025, ending September 30. The surge in sales drove the company’s consolidated net profit after tax to EGP 700 million, marking a 65% increase.
In terms of the standalone business, net profits after tax recorded a 33% decline from its level during the first nine months of 2024 to come at EGP 119.664 million.
Concurrently, the company’s Board of Directors approved the appointment of Tarek El Molla, former Minister of Petroleum and Mineral Resources, as an observer on the Board.The company disclosed El Molla’s appointment to the Egyptian Stock Exchange following the Board meeting to approve the unaudited financial statements.
Established in 2006, Taqa Arabia invests in a broad range of energy infrastructure, including natural gas transmission and distribution, conventional and renewable power generation, and the marketing of oil products.
The company has also expanded its presence across several Middle Eastern and African countries, including the United Arab Emirates (UAE), Qatar, Jordan, Libya, Tanzania, and Mozambique.