41. TAQA Arabia
Sector: Utilities
CEO: Pakinam Kafafi
Market Value: $361 million
TAQA Arabia provides customers across Egypt, Africa, and the MENA region with natural gas, electricity, renewable energy, petroleum products, and water. It has 1.8 million customers in 50 cities across Egypt. Revenue rose 35% in 2025 to $536 million, while net profit increased 50% to $22 million. The National Service Projects Organization is the largest shareholder, with a 20% stake. In 2025, TAQA Arabia launched its second company in Saudi Arabia to expand its presence in the market.