Egypt’s NSPO Acquires 20% Stake in TAQA ARABIA for EGP 1.6B
The National Service Projects Organization (NSPO) has acquired a 20% stake in TAQA Arabia, an equivalent of 27.5 million shares, at a price of EGP 1.6 billion (or $52.75 million).
Taqa Arabia | Egypt Oil & Gas - Part 3
Trading of TAQA Arabia Shares on EGX Starts
TAQA Arabia, the full-service energy and utility provider in Egypt, announced today the start of trading of the group's shares on The Egyptian Exchange (EGX). The shares started trading at 10:00 am on Sunday June ...
EGX Approves Listing of TAQA Arabia’s Shares with EGP 676,176,900 Capital
The Egyptian Exchange's (EGX) listing committee approved listing the shares of TAQA Arabia, the full-service energy and utility provider in Egypt, with an issued capital of EGP 676,176,900.
ERC’s Margins Push Qalaa Holdings’ Revenue Up to EGP 97.7 billion in FY 2022
Qalaa Holdings Company has announced that it has achieved remarkable growth in its revenues reached to EGP 97.7 billion in the fiscal year (FY) 2022 compared to EGP 4.1 billion in FY 2021 increasing by 113% driven ...
TAQA Arabia Launches Largest Solar Power Plant in Sharm El-Sheikh
In line with Egypt’s strategy towards expanding the use of clean energy, TAQA Power, a subsidiary of TAQA Arabia, the full-service energy and utility provider in Egypt, announced the commissioning of the largest s ...
ERC Contributes 80% to Qalaa Holdings Revenues in 2022
Qalaa Holdings's consolidated revenues reaching EGP 26.981 billion in the second quarter of 2022, making a 165% year-on-year (YoY) increase.
Egypt’s TAQA Arabia, Saudi Natural Gas Distribution Co. Sign Gas Transportation Services, Networks MoU
Egypt's TAQA Arabia has inked a memorandum of understanding (MoU) with Saudi Arabia's Natural Gas Distribution Company to cooperate in developing and operating gas transportation services and gas networks.
Qalaa Holdings Achieves Revenue Growth of 134% YoY in Q1 2022
Qalaa Holdings company announced that it has achieved an annual growth in its revenues of 134% after reaching EGP 18.7 billion in Q1 2022 and recurring EBITDA of EGP 3.9 billion compared to EGP 90.5 million in Q1 ...
TAQA Arabia Converts First CNG Cars in Equatorial Guinea
TAQA Arabia, the full-service energy and utility distribution market leader in Egypt, has used its experience and knowledge in compressed natural gas (CNG) technology as it enabled vehicles to be fueled by natural ...
TAQA Arabia Acquires Rosetta Energy LNG Arm
TAQA Arabia Group, the leading power distribution and integrated services company in Egypt, announced its acquisition of the liquefied natural gas (LNG) arm of Rosetta Energy, to expand its business in Egypt, Afri ...
