Market Innovation

Pioneering market innovation is part of our tactical approach to how we work as well as our medium and long-term strategies. This allows us to always be ahead of the competition and continually open new markets.

Market Position

With the increasing demand for energy across the Middle East and Africa, coupled with historical underinvestment in energy infrastructure, TAQA Arabia is well positioned to fulfill the region’s needs.

First-Move Advantage

TAQA Arabia’s strong historical performance and robust business model, cemented by the longterm nature of its contracts, have enabled the company to capitalize on its market position for further expansion within markets. As regional governments promote more private initiatives, TAQA Arabia has the “first-move advantage” to capitalize on them, and as such preserve our leading market position.

Solid Financials

With robust business operations and a strong balance sheet, we are in a well-placed position to take advantage of market opportunities while withstanding economic volatility, as evident by our 28% average net income growth between 2007 and 2013.

Meet the Executive Committee

Khaled Abu Bakr
Executive Chairman

Khaled Abu Bakr

Executive Chairman

Eng. Abu Bakr participated in the development and evolution of Egypt’s gas industry, first through his work, over the period of 14 years, with the governmental energy sector - where he was responsible for different strategic projects. Then through the incorporation and leadership of several companies in the oil and gas sector over the 14-year period prior to joining TAQA. He is Secretary General of the Egyptian Gas Association and sits on the board of several business organizations and a number of affiliated power, gas & oil companies. Eng. Abu Bakr has also been elected the title of regional coordinator for Middle East & Africa in the International Gas Union (IGU).



Pakinam Kafafi
Chief Executive Officer

Pakinam Kafafi

Chief Executive Officer

Pakinam Kafafi has been with TAQA Arabia since 2006, and brings over 22 years of experience in the investment field. As the CEO, Pakinam oversees the strategic direction of TAQA Arabia and leads the company’s operations. In 2003, she held the position of Strategy and Investment General Manager at Gas & Energy Group (Genco), after moving to TAQA when Genco was acquired in 2006. Kafafi built her career at EFG-Hermes, where she rose to the position of Vice President of EFG-Hermes Investment Banking, and a member of EFG-Hermes Group.



Peter Mofeed
Chief Financial Officer

Peter Mofeed

Chief Financial Officer

Peter Mofeed has been with TAQA Arabia Strategy & Investment Department since May 2010. Prior to joining TAQA, he was a Manager with Ezz Steel, at Corporate Finance Department. His focus was to evaluate new projects and arrange the necessary finance for all the Group's subsidiaries. Prior to that, Peter spent 8 years with Commercial International Bank (CIB) in both Corporate & investment Banking departments covering various industries. His last assignment was with CI Investment Banking (which is an advisory firm formed by CIB) where he was Vice President.





Arms' Managing Directors


Tarek El-Hawary
TAQA Gas & TAQA E.P.C

Tarek El-Hawary

TAQA Gas & TAQA E.P.C

Mr. El-Hawary has been a member of City Gas (A member of TAQA Arabia), since 2005, first as Deputy M.D then as Managing Director for Technical Affairs. In this capacity, he supervised the work crew, resolved technical difficulties and made sure that quality and productivity were kept up to par. Prior to that, he spent 6 years as project manager at House Gas Company where he worked on network construction and customer conversions. Mr. El-Hawary has a strong technical background with experiences that stretch back to 1985 when he was a site engineer at Egypt Gas Co.



SAMY ABDELKADER
TAQA Power

SAMY ABDELKADER

TAQA Power

Holds a BSC in Mechanical Engineering, 1984 with MBA in 1990. He has got a vast experience extended for 30 years in Industrial Management including Sales, Marketing, Commercial, Distribution, Supply Chain and International Trade. He spent more than 22 years in international posts with diverse teams and diverse geographies. He has been an Executive Committee member for the last 18 years and a Board Member for the last 13 years. He spent the last 11 years of his career with Lafarge as a General Manager of Lafarge Cement Egypt and before that he was the Managing Director and CEO of Lafarge WAPCO Nigeria. Samy takes a personal interest and utmost responsibility of health and safety of everyone working or making business with the organization he leads.



Eng. Mohamed Nafea
TAQA Oil Marketing

Eng. Mohamed Nafea

TAQA Oil Marketing

Mr. Nafea joined TAQA in 2008, after a 21 year-long career in oil marketing with Mobil Oil Egypt, Mobil Oil Morocco, and ExxonMobil Egypt. He rose to the positions of President and Fuels Marketing Manager of Mobil Oil Morocco and Retail Marketing Manager of ExxonMobil Egypt. In the latter capacity, he led the marketing and sales of fuels, convenience products and other back court offers through a retail chain of 409 outlets.