Rami El Dokani, Chairperson of the Egyptian Exchange (EGX), has expected that TAQA Arabia, a subsidiary of Qalaa Holdings Group, will be traded on the stock market starting from July. He added that TAQA Arabia is in the final stages of offering, as reported by Daily News Egypt this week. At the beginning of this month, the Egyptian Exchange (EGX) Listing Committee agreed to temporarily list the shares of TAQA Arabia, under the ticker symbol (TAQA.CA). TAQA Arabia is available for direct trading without offering, with an issued capital of EGP 676.2m, distributed over 1.35 billion shares, with a nominal value of EGP 0.50. TAQA Arabia builds, runs, and upkeeps energy infrastructure, including gas transmission and distribution, in eight Egyptian governorates.
