Taqa Arabia SAE (TAQA)

Cairo – Mubasher: TAQA Arabia recorded consolidated net profits after tax valued at EGP 211.32 million in the first half (H1) of 2024, an annual leap of 26% from EGP 167.27 million. Revenues stood at EGP 7.79 billion in H1-24, up 26% year-on-year …

Cairo – Mubasher: TAQA Arabia and Voltalia have signed a framework agreement with the Egyptian government for the production of green ammonia, with a total investment that could reach up to $3.40 billion. The project will be carried out in two …

Cairo – Mubasher: TAQA Arabia recorded a 16% year-on-year (YoY) jump in consolidated net profit to EGP 102.77 million in the first quarter (Q1) of 2024 from EGP 88.38 million. Consolidated revenues grew 22% YoY to EGP 3.57 billion in Q1-24 from …

Cairo – Mubasher: TAQA Volt, a subsidiary of TAQA Power which is the electricity operating arm of the listed TAQA Arabia group, has collaborated with Wadi Degla Developments to endorse optimising electric vehicles (EVs) and sustainable living …

Cairo – Mubasher: TAQA Arabia posted a 3% year-on-year (YoY) increase in consolidated net profit after tax to EGP 557.20 million in 2023 from EGP 538.60 million. Revenues surged 26% YoY to EGP 13.46 billion last year from EGP 10.72 billion in …

Cairo – Mubasher: The consolidated net profits after tax of TAQA Arabia increased by 6% year-on-year (YoY) to EGP 364.98 million in the first nine months (9M) of 2023 from EGP 343.38 million. The company generated revenues amounting to EGP 9.78 …

Cairo – Mubasher: TAQA Arabia has established an Egyptian joint stock firm Aman TAQA for Electronic Payments Technology, with an issued share capital of EGP 20 million, according to a bourse filing. The newly-developed entity was created with the …

Riyadh – Mubasher: Natural Gas Distribution Company and TAQA Arabia joined forces to develop and operate gas transportation services and networks at a capital of SAR 500,000, according to a bourse filing. First Gas Company will be established in …

Cairo – Mubasher: Stratford Investments Limited acquired a 3.95% stake in TAQA Arabia after buying 53.41 million shares in the latter, according to a bourse filing.  Stratford purchased the shares in the EGX-listed firm for EGP 418.79 million at …

Cairo – Mubasher: TAQA Arabia logged consolidated net profit after tax amounting to EGP 167.27 million in the first half (H1) of 2023, an annual drop of 13% from EGP 192.35 million. Revenues stood at EGP 6.15 billion during the January-June 2023 …

Cairo – Mubasher: The National Service Projects Organization (NSPO) has acquired 20% equity ownership in TAQA Arabia at a total value of EGP 1.62 billion. NSPO purchased 240.47 million shares in the EGX-listed company at an average price of EGP …

Cairo - Mubasher: TAQA Arabia witnessed a block trading agreement valued at EGP 1.62 billion on Monday, 24 July 2023, according to a bourse filing. The Egyptian Exchange (EGX) announced that the block deal was executed on 270.47 million of the …

Cairo – Mubasher: Qalaa Holdings, a leading investment company in Africa and the Middle East (MEA) region, posted a 62% year-on-year (YoY) rise in revenue to EGP 30.30 billion during the first quarter (Q1) of 2023. The EGX-listed firm recorded …

Cairo - Mubasher: The Egyptian Exchange (EGX) announced a block trading deal worth EGP 3.69 billion on the shares of TAQA Arabia. The block deal was executed on 414.81 million of the recently-listed company's shares, according to a stock exchange …