Qalaa Holdings | Egypt Oil & Gas
ERC Tries AI agent to Predict Equipment Failure
The Egyptian Refining Company (ERC) is conducting a trial run of an AI agent designed to predict equipment failures before they occur, tackling a high‑stakes problem that can cost millions per incident, according to A...
Qalaa Channels Capital Hike to Energy Expansion, Liability Clearance
Qalaa Holdings, one of the MENA region’s largest investment firms, has submitted a detailed report outlining how it plans to use its upcoming capital increase to expand stakes in key energy assets and settle outstandi...
Qalaa Holdings Doubles Stake in ERC
Qalaa Holdings’ Board of Directors has approved expanding its indirect stake in the Egyptian Refining Company (ERC), one of the group’s energy assets. The move will see Qalaa’s effective ownership rise from 13.0% to 2...
Qalaa Signals Potential 55% Control of TAQA Arabia by 2029
Qalaa Holdings, a leading MENA‑focused investment company, announced that its ownership stake in TAQA Arabia could rise from 6.2% currently to more than 55% by 2029 if it exercises its rights to purchase additional s...
TAQA Arabia EBITDA Grew 35% YoY in Q3 2024
As Egypt’s leading private sector energy and utility provider, TAQA Arabia’s EBITDA expanded by 35% year on year (YoY) to EGP 571.1 million in Q3 of 2024. EBITDA growth for the period came mostly on the back of strong...
Cairo Hosts IGU Sustainability Workshop Focused on Emissions Reduction and Energy Transition
Within the framework of cooperation and experience sharing between the Ministry of Petroleum and Mineral Resources (MoPMR) and international institutions in the fields of sustainability and emissions reduction, the In...
ERC Contributes c.90% to Qalaa’s Total Revenue in FY 2023
The Egyptian Refining Company (ERC) has contributed c.90% to Qalaa Holding’s total revenue during the financial year ending 31 December 2023 (FY 2023). Yet, ERC’s refining margins in FY 2023 saw a notable declin...
ERC Contributes 74% to Qalaa’s Total Revenue in Q3 2023
The Egyptian Refining Company (ERC), which is a subsidiary of Qalaa Holdings Company, has contributed 74% to Qalaa Holdings‘ total revenue during Q3 of 2023. ERC’s refining margins decreased during the quarter, ... 
