In July 2026, TAQA brought its cumulative green and blue bond issuances to $2.6 billion with a $750 million blue bond, the largest ever issued by an integrated power and water utility globally. TAQA’s scope 1 and scope 2 GHG emissions were reduced by 25% in 2025 compared to the base year of 2019, while renewables made up 63.8% of its 73.3 GW gross power portfolio. Toward its $16.3 billion 2030 energy transition target, TAQA has invested nearly $9.5 billion since 2021, primarily across grids and renewables. Thabet assumed his current role in 2020. He is also deputy chairman of Masdar.