The Middle East's

Top 100 Listed
Companies 2022

10. TAQA Group

Country: U.A.E.

Sector: Utilities

Group CEO and Managing Director: Jasim Husain Thabet

Market Value: $41 billion

Sales: $12.4 billion

Profits: $1.6 billion

Assets: $49.1 billion

TAQA Group was established and listed on the Abu Dhabi Securities Exchange (ADX) in 2005. It became one of the largest integrated utility companies in Europe, the Middle East, and Africa in 2020 when it merged with the Abu Dhabi Power Corporation (ADPower), taking over most of its power and water generation, transmission, and distribution assets. Today, the group has operations in 11 countries: the U.A.E., Canada, Ghana, India, Iraq, Morocco, Netherlands, Oman, Saudi Arabia, the U.K., and the U.S. In December 2021, it joined a consortium for a $3.6 billion project to reduce emissions from the Abu Dhabi National Oil Company’s (ADNOC’s) offshore production facilities.