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25 MN KW/HR
Total power generated (4Q22)
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1.7 BCM
Gas and CNG distribution (4Q22)
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61
Filling Stations
To keep pace with projected economic growth and provide much needed energy capacity in the region, Qalaa Holdings has invested in energy as one of our core industries. Our integrated investments along the value chain — upstream, midstream and downstream — including refining, energy distribution, power generation and renewables, provide solutions that truly tackle the energy problems that the region faces today.
We have constructed a greenfield refinery with 4.7 million tons capacity of refined products per year, including 2.3 million tons of Euro V diesel representing more than 30%-40% of Egypt’s current imports and 600,000 tons of jet fuel.
Our power projects range in nature from large-scale generation to on-sell into the state grid, independent power plants and captive plants for large-scale developments, industrial zones, and large factories.
We have provided operation & maintenance services and gas connections to more than 1,000,000 Egyptian households, a figure that represents more than 16% of the total connections in Egypt and solidifies our position as the country’s largest private sector gas distributor.
In the alternative energy sector, we are converting agricultural and municipal waste into fuel for industry as well as compost and animal fodder. We have also recently expanded into the solar energy and water treatment solutions segments.
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TAQA Arabia is Egypt’s largest private sector energy distribution company with more than 20 years’ experience investing and operating energy infrastructure including gas transmission and distribution, power generation and distribution and marketing of petroleum products. TAQA Arabia provides services through four arms: gas distribution (residential, commercial and industrial), electricity distribution and generation, and fuels and lubricants marketing.
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ERC is a state-of-the-art USD 4.3 billion greenfield petroleum refinery and Egypt’s largest PPP infrastructure megaproject. ERC is converting lowest value fuel oil into middle and light distillates that are meeting domestic consumption needs and eliminating 186,000 tons of sulfur dioxide and 96,000 tons of sulfur annually, or c.29% of Egypt’s present-day total, and improving the quality of the national petrol supply. ...
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Tawazon is a regional pioneer in the solid waste management industry. By converting agricultural and municipal waste into alternative fuels for industry and other useful products including compost and animal fodder, Tawazon helps nations solve their solid waste challenges. ...
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Qalaa Showcases Egyptian Refining Company at Davos
Qalaa Holdings was represented in Davos by Chairman and Founder Ahmed Heikal, Co-Founder and Managing Director Hisham El-Khazindar and Chief Marketing & Sustainability Officer Ghada Hammouda who joined heads of state and global CEOs at the 2019 World Economic Forum
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Qalaa Holdings showcases the Egyptian Refining Company (ERC) progress to shareholders
Qalaa Holdings held an exclusive visit for shareholders to the mega project
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ERC Showcases its Community Development Programs, Celebrates Reaching 53 Mostakbaly Scholarships for Students
Qalaa Holdings subsidiary the Egyptian Refining Company (ERC) awards scholarships to 23 students this year to open doors for those pursuing higher education and press on with its commitment to improving the quality of education throughout the country.
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Qalaa Holdings Chairman Ahmed Heikal Presents Landmark ERC Case Study at Africa Investment Forum in Johannesburg, South Africa
Qalaa Holdings Chairman and Founder Ahmed Heikal showcases US$ 4.3 bn greenfield refinery as a successful example of a private sector-led infrastructure mega-project that will provide a domestic substitute for c. 40% of Egypt’s diesel imports
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Qalaa Holdings Supports the Building of Cultural Bridges and Connections to Open New Opportunities for Dialogue, Collaboration, Investment and IntraTrade Within Africa
For the third consecutive year, Qalaa Holdings is the proud sponsor of the “Best Short Film Award” and “the Forum on African Development” at the 7th annual Luxor African Film Festival, an annual event that puts the spotlight on some of the continent’s top filmmaking talent for one week of dialogue and collaboration transforming talent in the film industry in one of the world’s top tourist destinations
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KHALED ABUBAKR
Taqa Arabia - Executive ChairmanKHALED ABUBAKR
Taqa Arabia - Executive ChairmanAs a renowned industry veteran, Eng. Abubakr served in a number of top-tier leadership positions in the Egyptian gas industry prior to co-founding TAQA, a leading Egyptian energy distributor and a subsidiary of Qalaa Holdings, an African leader in infrastructure and industry. During this period, he was responsible for different strategic projects through the incorporation and leadership of several companies in both the public and private sectors including EGPC, Egypt Gas, ENPPI, Gas & Energy Group, City Gas and House Gas. He currently serves as the Chairman of the Egyptian Gas Association and sits on the board of several business organizations and a number of affiliated power, oil and gas companies such as the International Gas Union (IGU) where he is the Regional Coordinator for Middle East & Africa. His efforts over the past 29 years have led to the use of natural gas in several countries in the Middle East and Africa. He holds a B.Sc. Degree in Engineering from Cairo University, an MBA in management of Oil & Gas companies from HEC - Montreal University, and several advanced diplomas from Harvard University and the University of Texas.
With over 18 years of experience, TAQA is investing and operating energy infrastructure including gas transmission and distribution, power generation and distribution and retail marketing of petroleum products. -
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PAKINAM KAFAFI
Taqa Arabia - CEOPAKINAM KAFAFI
Taqa Arabia - CEOMrs. Pakinam Kafafi, has nearly 25 years of experience within the Energy and Investment Banking sectors. She assumed leadership of TAQA Group as Chief Executive Officer in 2013.
Prior, Kafafi had been serving as the Group’s Chief Investment Officer since 2006 where she successfully contributed to the group’s evolution by acquiring and consolidating several gas distribution companies for BG, ENI, Edison and AMEC. In addition, she led the group’s business diversification strategy into Power Generation and Distribution and Renewable Energy. Kafafi was also the Investment General Manager TAQA’s Gas Division starting 2003.
Before joining TAQA she served as Vice President at EFG‐Hermes Investment Banking where she successfully participated in various acquisitions and privatization projects in Egypt.
In 2016, Mrs. Kafafi was chosen as one of the Top Fifty Influential Women in Egypt. She is also a long-standing member of the American Chamber of Commerce and the British Egyptian Business Association (BEBA).
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MOHAMED SAAD
ERC - Managing DirectorMOHAMED SAAD
ERC - Managing DirectorMohammed Saad Ibrahim holds vast experience in the energy sector. He began his career as an engineer at Nasr Petroleum in Alexandria in 1975. He later went on to work at Suez Petroleum where he held various senior level positions between 1977 and 2009, including Chairman of the Board. In 2009 Ibrahim moved to Al Nasr Petroleum Company where he served as Chairman for one year after which he became Vice Chairman of the South Valley Holding Company for Petroleum until 2012.
Additionally, Ibrahim has held a number of executive positions in organizations including memberships in: the Geographical Committee for Suez and Sinai petroleum companies, and the Governing Council of Sukhna Refining and Petrochemicals. He was also the Chairman of the Suez Institute for Management Information Systems and Professor Emeritus at the Faculty of Petroleum and Mining Engineering and the Faculty of Science at Ismailia University. Ibrahim received a bachelor's degree in engineering from the University of the Suez Canal in 1975, and a Master's degree in Chemical Engineering from the University of Oklahoma in the United States in 1985. He earned his PhD in Chemical Engineering from Cairo University in 1995, and has held honorary memberships in a number of companies and scientific organizations.
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Aliaa Heikal
ERC - CFOAliaa Heikal
ERC - CFO -
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HISHAM SHERIF
Tawazon - CEOHISHAM SHERIF
Tawazon - CEOPrior to heading Tawazon, a core unit of Qalaa Holding, Dr. Hisham Sherif was the CEO of Engineering Tasks Group (ENTAG) and the Egyptian Company for Solid Waste Recycling (ECARU). He led both companies — which are now subsidiaries of Tawazon — in biomass management projects (collection, transportation and treatment) for producing biomass derived fuel (BDF), animal feed, and compost. Dr. Sherif previously served as a lecturer in Chemical Engineering at the Faculty of Engineering of Minya University. As a leading expert in local and international procurement laws and procedures governing licensing, imports and joint ventures he assisted over 30 municipalities in nine countries in upgrading MSW treatment and disposal projects. Furthermore, he helped direct planning, construction and operation of new MSW sorting, composting, and production of refused derived fuel (RDF) across the region. He has attended numerous national and international conferences in the field of municipal solid waste, biomass, alternative fuel and energy management and technologies. Dr. Sherif holds Bachelor’s and Master’s degrees from the Chemical Engineering Department at Minya University, and a PhD in Chemical Engineering, jointly supervised by Minya University and Strathclyde University in Scotland.