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Taqa Arabia ranks 41st on Forbes Middle East’s Egypt top 50 most powerful companies list

Updated 4/1/2026 3:40:00 PM
Taqa Arabia ranks 41st on Forbes Middle East’s Egypt top 50 most powerful companies list

Arab Finance: Taqa Arabia has been ranked 41st on the Forbes Middle East Top 50 Most Powerful Companies in Egypt list for 2025/2026, with a market value of approximately $361 million, as per a press release.

The recognition follows a strong financial year for the Egypt-based integrated energy services company, which operates across the Middle East and Africa.

The company's net profits exceeded EGP 1 billion for the first time, reaching EGP 1.05 billion, marking a 50% year-on-year (YoY) increase.

Consolidated revenues rose to EGP 25.6 billion, up 35% compared to the previous year, while EBITDA climbed to EGP 2.47 billion, reflecting growth of 23.1%.

"We are proud of Taqa Arabia's inclusion in the Forbes list of Egypt's most powerful companies. This is a clear affirmation of the growing confidence in our diversified business model and our ability to achieve sustainable growth," Pakinam Kafafy, CEO of Taqa Arabia Group, stated.

"We remain committed to continued expansion and development of our integrated services portfolio, strengthening our presence in existing markets while opening new horizons for growth and innovation. This achievement is a direct result of the unwavering dedication of more than 3,400 employees, who represent the true assets that drive our strategic objectives," Kafafy noted.

The company’s performance was supported by continued regional expansion throughout 2025.

It recorded growth in Saudi Arabia and expanded its compressed natural gas network across Africa, while also entering water desalination projects and advancing opportunities in renewable energy.

Taqa Arabia currently serves more than 8 million people through its integrated portfolio of energy and utility services, reinforcing its role in supporting energy transition efforts and economic development across Egypt and the broader region.

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